IANS | 31 Aug, 2017
Two foreign direct investment (FDI) proposals, including that of
consumer durables manufacturer Dyson International, have received
regulatory clearances, an official statement said on Wednesday.
According
to the Commerce and Industry Ministry statement, a proposal from Dyson
International to carry out single brand retail business in India was
approved by Department of Industrial Policy and Promotion (DIPP) on
August 29.
Another proposal belonging to MM Retail Private was
given a "post facto approval" for FDI pursuant to direction from the
Reserve Bank of India for conducting single brand retail trading.
