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World: Medium of the week - Indian Herald Tribune sparks government action.
Rules on foreign ownership are coming under renewed pressure as the IHT arrives.
The New York Times Group's decision to grant a licence for a local publisher to produce an Indian edition of the International Herald Tribune is testing the boundaries of the restrictive rules governing Indian newspapers and magazines.
The IHT is printed at the presses of the Deccan Chronicle in Hyderabad.
Its publisher is Midram Publications, the owner and publisher of the Deccan Chronicle, and its editor is MJ Akbar, a veteran journalist who is also the editor of The Asian Age and the Deccan Chronicle.
The IHT launch appears to fly in the face of Indian law, which has always been restrictive towards international media. A government resolution in 1955 banned any foreign ownership of Indian media. While foreign direct investment is now permitted, foreign entities are allowed to hold a maximum 24 per cent stake in any news publication.
Midram has no foreign equity holding and has obtained a 'no-objection certificate' from The New York Times Group, to use the IHT name in India.
It's also registered the International Herald Tribune name with India's Registrar of Newspapers, so is legally allowed to print a newspaper under that name - the crux of the publisher's argument that the IHT is legitimate.
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