SBG Projects, a part of Saudi Binladin Group, will buy 20 per cent stake in the Hyderabad-based Maytas Infra. ...
New Delhi: The Company Law Board on Thursday allowed the government to name four directors, including the chairperson, to the board of Maytas Infra but set aside a petition seeking to supersede the company's entire top brass. The permission immediately resulted in the government appointing senior advocate and tax expert O.P. Vaish and noted chartered accountant Ved Jain as two of the four government directors. "We will appoint two more...
Investors got the $1.6 billion deal to acquire Maytas scrapped. ...