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IL&FS will be new promoter of Maytas Properties: Khurshid
Jan 13, 2011 at 16:53 | Source: CNBC-TV18
In what is being touted as the solution to end the beleaguered Satyam's woes, the government says it will induct IL&FS as the new promoter of Maytas Infrastructure. At a press conference, Corporate Affairs Minister Salman Khurshid said, IL&FS will invest Rs 20 lakh to acquire 80% of equity in Maytas Infrastructure.
See debt at Rs 800cr from Rs 1800cr post CDR: Maytas Infra
Jun 21, 2010 at 11:47 | Source: CNBC-TV18
Maytas Infrastructure has tied up with the Saudi Bin Laden Group, a West Asian construction conglomerate, for a strategic partnership.
Maytas Infra says CDR cell approves debt restructuring
Jun 21, 2010 at 11:24 | Source: Reuters
The corporate debt restructuring cell has approved the debt restructuring proposal for Maytas Infrastructure, the firm said in a statement late on Sunday.
Maytas Infra drops QIP plans; to declare FY10 nos next week
Jun 21, 2010 at 09:39 | Source: CNBC-TV18
India's Maytas Infrastructure said on Sunday the Saudi BinLaden Group (SBG) will buy a 20% stake in it for around Rs 300 crore (USD 106.1 million).
Maytas Infra may sell 20% stake
Jun 20, 2010 at 15:23 | Source: Reuters
India's Maytas Infrastructure has proposed issuing and alloting preferential shares to construction conglomerate SBG Projects Investments Ltd, a Saudi BinLaden Group arm, local newspapers reported.
Maytas Infra board to meet June 19 for roping in investor
Jun 18, 2010 at 20:11 | Source: Reuters
Maytas Infrastructure said on Friday its board will meet on June 19 to consider roping in an investor and consider terms of preferential allotment to the investor.

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IL&FS will be new promoter of Maytas Properties: Khurshid
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Vanpic gained on YSR Govt quid pro quo
Prasad also helped Jagan in getting investments of `70 crore from Indu Group and `20 crore from Maytas Infrastructure. Both these had benefitted from the largesse of YSR regime. While Indu Group was allotted 8,800 acres in Anantapur for Lepakshi Knowledge ...
May 26, 2012 at 04:42 | Source: Daily Pioneer
Jagan Reddy arrested: Late YSR’s sins catch up with son
The second happened when the Mahindras were sold the company, and control of Maytas was given to IL&FS, an infrastructure and finance company with strong political connections. The third happened when the government sent the CBI in and shifted control of ...
May 27, 2012 at 17:20 | Source: firstpost.com
IL&FS Engineering reports net loss of Rs 36.73 cr
After the scandal, Maytas Infra ran into a cash crunch that caused it to lose several projects, including one to build the Hyderabad Metro rail. Infrastructure Leasing and Financial Services Ltd (IL&FS) acquired the company in September 2009 and renamed it ...
May 15, 2012 at 18:03 | Source: Livemint.com

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