Mavens Biotech forms JV with Garuda Group for infra projects
Moneylife Digital Team 02 August 2010

Tissue culture plants and bio informatics  company Mavens Biotech Ltd said it signed a memorandum of understanding (MoU) with Bangalore-based Garuda Group to develop projects in real-estate, township development and other infrastructure related areas.

This joint venture (JV) has already identified three projects in and around the Bangalore city for the development of a mall, hotel cum convention centre and large township.

On Monday, Mavens Biotech shares increased 5% to Rs20 on the Bombay Stock Exchange, while the Sensex closed 1.2% higher at 18,081 points.

Comments
RAVI SHANAKAR
1 decade ago
GOOD TO SEE. ALL THE BEST.
ArrayArray
Free Helpline
Legal Credit
Feedback