Maytas talks to 2 banks for settlement
Nov. 11: In what looks a sign of recovery, Maytas Infra on Thursday posted a 90 per cent lower loss compared to the last year figure. The net loss for the second quarter, was Rs 52.7 crore as against
Maytas gets CLB nod on induction
New Delhi, Nov. 8: The Company Law Board (CLB) on Monday allowed IL&FS- owned Maytas Infra to induct on its board four nominees of Saudi Arabia-based real estate company Saudi Bin Ladin Group (SBG).
IL&FS to call shots at Maytas
New Delhi, Nov. 1: Maytas Infra on Monday assured the Company Law Board (CLB) that the management control of the firm will remain with IL&FS, notwithstanding the induction of four nominees of Saudi Bi
Maytas to turnaround by 2011 end
Hyderabad, July 19: Maytas Infra, promoted by the kin of Satyam founder Ramalinga Raju, may see a turnaround in fortunes by end of 2011, says the new management. The current management is also hopeful