Global retail major Marks &amp; Spencer's proposal for 51 per cent foreign direct investment in single brand retail business is among the 28 proposals totalling Rs 1,327.7 crore that have been approved by the government.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>"Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on June 24, Finance Minister P Chidambaram has approved 28 proposals of FDI, said a Finance Ministry statement.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>The approved proposals relate to Ministries and Departments of Chemicals &amp; Petro-chemicals, Industrial Policy &amp; Promotion, Information &amp; Broadcasting, Urban Development, Tourism and Economic Affairs.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>Two other retail proposals which got approval are 

Global retail major Marks & Spencer's proposal for 51 per cent foreign direct investment in single brand retail business is among the 28 proposals totalling Rs 1,327.7 crore that have been approved by the government.

Govt approves 28 FDI proposals for Rs 1327.7 cr

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