Maytas Infra today informed the Supreme Court that it has settled its dispute with Vedanta Aluminum and withdrew its petition against the UK-based company. Counsels appearing for Maytas Infra, now
Bringing down the curtains on Satyam saga, the Company Law Board on Thursday appointed IL&FS group as strategic investor in Maytas Properties, one of the tainted subsidiaries promoted by Ramalinga
The Company Law Board (CLB) today allowed infrastructure finance company IL&FS to take over Maytas Properties, a company promoted by the family members of disgraced Satyam founder Ramalinga Raju. IL&FS
Infrastructure firm Gayatri Projects today said it has won a Rs 1 130. 67 crore road project in joint venture with Maytas Infra from Nagaland government
Maytas Infra will soon move the Company Law Board (CLB) once again seeking its permission to induct the representatives of Saudi Bin Laden Group (SBG) on its board.
State Bank of Hyderabad (SBH) is likely to consider a one-time settlement offer by Maytas Infra. The Hyderabad-based associate bank of the State Bank of India is one of the lenders which has agreed to restructure the cash-crunched infrastructure company’s debt.
Banks have agreed to write off Rs 200 crore of Maytas Infra’s outstanding debt as a one-time settlement and convert Rs 225 crore of debt into preference shares and Rs
The corporate affairs ministry is planning to give a free hand to Infrastructure
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