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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.
Maytas Infra may bag Rs 1000cr order
Oct 07, 2009 at 11:15 | Source: CNBC-TV18
The companys current order book was of Rs 7,500 crore and it could bag Rs 1,000 crore order soon, says Ved Jain, Government Nominated Director of Maytas Infra.
Maytas Properties looks for Rs 150-200cr funding
Sep 30, 2009 at 16:21 | Source: CNBC-TV18
After Maytas Infrastructure was officially handed over to IL&Fs on September 29, the attention has now turned to Maytas properties. Ved Jain said that the company was looking for funding worth around Rs 200 crore for which he would seek help from banks and other investors.
Maytas says no pref allotment to IL&FS if open offer fails
Aug 31, 2009 at 21:23 | Source: CNBC-TV18
It's a new dawn for Maytas Infrastructure. The Company Law Board approves IL&FS as the new promoter. IL&FS will make an open offer as per Sebi guidelines and will bring in Rs 55 crore as liquidity for Maytas in three months.
Haven't discussed stake sale options: Maytas Infra
Aug 10, 2009 at 12:56 | Source: CNBC-TV18
Maytas Infra had a board meeting on Friday. Ved Jain, Government Nominated Director of Maytas Infra said, the board did not discussed stake sale options. He said, the company would start functioning fully after corporate debt restructuring (CDR) implementation. He didnt see cancellations of contracts.
Maytas Properties struggling to raise cash, sell assets
Jul 25, 2009 at 12:10 | Source: CNBC-TV18
CNBC TV-18s Vishwanath Pilla and Ashwin Mohan reports that Maytas properties, the real estate firm owned by former satyam chairman Ramalinga Raju's family is desperate for cash and is hunting for buyers for its assets. CNBC TV18 however lerns, this is easier said than done.

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IL&FS will be new promoter of Maytas Properties: Khurshid
Maytas Infra may bag Rs 1000cr order
Maytas Properties looks for Rs 150-200cr funding
Maytas says no pref allotment to IL&FS if open offer fails
Haven't discussed stake sale options: Maytas Infra
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