Date:10/08/2006 URL: http://www.thehindu.com/2006/08/10/stories/2006081003791803.htm

Business - Briefly

Gitanjali Gems pact with Modern India

CHENNAI: Gitanjali Gems has stated that it has entered into a shareholder's agreement with Modern India to form a joint venture by way of subscription of equal number of equity shares of Modali Jewels Private Limited. The joint venture will carry on the business of operating a chain of jewellery shops