SC issues notice to Govt on Matyas dispute

SC issues notice to Govt on Matyas dispute New Delhi: The Supreme Court on Monday sought the Centre's stand on pleas by two investment firms SRS Orion and Nimesh Kampani's JM Financial against the handover of the management of scam-hit Maytas Properties to Infrastructure Leasing and Financial Services Ltd (IL&FS). A three-judge bench headed by Chief Justice S H Kapadia issued notice to the government seeking reply to the pleas challenging its decision to take over the firm's...
09:13 PM, May 09, 2011

Saudi Binladen Group picks up 20pc in Maytas

Saudi Binladen Group picks up 20pc in Maytas SBG Projects, a part of Saudi Binladin Group, will buy 20 per cent stake in the Hyderabad-based Maytas Infra. ...
11:12 PM, Jun 19, 2010
Watch: Ex-Satyam chief feigning a heart attack?

Watch: Ex-Satyam chief feigning a heart attack?

Ramalinga Raju is now recovering in the intensive care unit. ...
12:04 AM, Sep 09, 2009

IL&FS to be new promoters of Maytas Infra

IL&FS to be new promoters of Maytas Infra Infrastructure Leasing and Financial Services has 37.1 pc stake in Maytas. ...
04:08 PM, Aug 31, 2009

Satyam, Raju owe govt Rs 541 cr in IT dues

Satyam, Raju owe govt Rs 541 cr in IT dues The IT dept is gathering information for finalising the pending assessment. ...
03:22 PM, Aug 07, 2009

Andhra cancels Metro contract awarded to Maytas

Andhra cancels Metro contract awarded to Maytas Company is linked to former Satyam chairman B Ramalinga Raju. ...
02:12 PM, Jul 07, 2009

Factbox: Five facts about Indian outsourcer Satyam

Factbox: Five facts about Indian outsourcer Satyam Satyam is trying to find a buyer of a 51 per cent stake in the company. ...
02:10 PM, Apr 08, 2009

Satyam Computer changes bidding process

Satyam Computer changes bidding process Mechanism of the open auction will be notified to the bidders separately. ...
07:48 PM, Apr 02, 2009

Nod for 4 govt directors on Maytas Infra board

Nod for 4 govt directors on Maytas Infra board 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...
04:30 PM, Mar 05, 2009

Ernst & Young auditors starts Maytas evaluation

Ernst & Young auditors starts Maytas evaluation E&Y says the process was "much longer" than just one day. ...
11:21 PM, Feb 25, 2009

CBI files case against Raju, sets team to probe fraud

CBI files case against Raju, sets team to probe fraud Probe agency has nine days to question ex-chief of Satyam. ...
05:25 PM, Feb 20, 2009

Govt to take over all firms owned by Raju

Govt to take over all firms owned by Raju The Govt seeks to take over Maytas infrastructure and Maytas properties. ...
01:06 PM, Feb 18, 2009

Govt to take over Raju family firm Maytas

Govt to take over Raju family firm Maytas Union Company Law Minister says Govt suspects fraud. ...
08:15 PM, Feb 17, 2009

Satyam-linked Maytas says account books being probed

Satyam-linked Maytas says account books being probed Maytas accounts are currently under investigation. ...
01:22 PM, Jan 22, 2009

Maytas chief executive resigns from board

Maytas chief executive resigns from board P K Madhav has resigned as whole-time director of the board. ...
07:27 PM, Jan 19, 2009
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