date:May 09, 2013
Indian finance ministry has raised concerns with the department of industrial policy and promotion (DIPP) over a possible violation of the FDI policy on single-brand retail by UK-based retailer Marks Spencer (MS).
The ministry has aked DIPP whether MS' act of selling multiple brands in a single store is in line with the FDI regulations.
MS retails its sub-brands, such as Limited Collection, Autograph, Collezione, North Coast, Blue Harbour, Savile Row Inspired, Indigo Collection and per una at