Date:20/10/2007 URL: http://www.thehindu.com/2007/10/20/stories/2007102057111900.htm

Business - Briefly

MMTC forms joint ventures

NEW DELHI: MMTC has formed joint ventures with the Gitanjali group and Switzerland-based PAMP to set up jewellery retail chain and refinery, respectively, entailing a collective investment of around Rs. 135 crore. “MMTC will set up a retail chain with Gitanjali Group across the country to sell jewellery, A. R. Goyal told PTI.