MUMBAI: The Reserve Bank of India (RBI) has notified that Television Eighteen India has reached the foreign investment trigger limit of 24 per cent of its paid-up capital.

As per the notification, foreign investors, including foreign institutional investors (FIIs) and non-resident Indians (NRIs), cannot make any further purchases of equity shares of TV Eighteen through stock exchanges in India without the prior approval of the RBI.

Foreign investment in television channels falling in the news and current affairs category is capped at 26 per cent at par with print news and current affairs