Crucial lobbying

IN Media Watch Briefs | 01/07/2002

Crucial lobbying

Crucial lobbying

The media baron who swung the decision on foreign direct investment (FDI) in print media last week was the one who joined the battle last. Narendra Mohan, BJP Rajya Sabha MP and Dainik Jagran Chairman joined the pro FDI lobby only two years ago after UTI offered a relatively low price for his newspapers shares, saying that foreign institutional investors would not be able to invest in the group. Narendra lobbied relentlessly with the BJP leadership even winning over arch champion of swadeshi, Murli Manohar Joshi.

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