Briefly Business

VL Joshi given additional charge as MMTC chief

New Delhi: Additional Secretary in the commerce ministry Vijay Laxmi Joshi has taken over as chairperson-cum-managing director of state-owned trading giant MMTC,replacing H S Mann.

Force Motors to launch MPV with Daimler tech

Mumbai: Force Motors plans to foray into the passenger vehicle segment with the launch of a multi-purpose vehicle by 2012,for which it has signed a licencing agreement with Daimler.

Lupin settles patent suit with Medicis

New Delhi: Lupin has said it has settled all patent litigation over Solodyn tablets with Medicis Pharmaceutical Corp and signed a pact with the firm for multiple therapeutic compounds.

Goodwill Hospital gets approval for public issue

Mumbai: Goodwill Hospital and Research Centre Limited has received final observation from SEBI for the initial public offer aggregating to Rs 62 crore.

Govt urges states to finalise statistical plan

New Delhi: The Centre has urged the states to finalise their state statistical plan to enable speedy implementation of Rs 650 crore India Statistical Strengthening Project,a new centrally sponsored scheme funded by World Bank and the government.