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HC quashes Maytas plea against Vedanta19-NOV-09
The Andhra Pradesh High Court on Wednesday quashed a petition filed against the chairman of Vedanta Aluminium Limited and eight others by Maytas Infra.
Maytas Infra rallies on Rs 790-cr order06-NOV-09
The scrip finally ended at its 5% upper circuit at Rs 157. The counter clocked volumes of 25,038 shares on the BSE.
Maytas Infra bags Rs 790 cr road project06-NOV-09
Maytas Infra Ltd (MIL) has announced that it has bagged the Rs 790-crore Pune-Solapur road contract from IL&FS Transportation Networks Ltd (ITNL). The project is to be completed in 20 months.
Maytas Infra bags Rs 790 cr road project05-NOV-09
Infrastructure development firm Maytas Infra today said it has bagged an order worth Rs 790 crore from IL&FS Transportation Networks (ITNL) for road construction work.
CLB allows Maytas Infra to finalise Q2 results by Dec '0927-OCT-09
Crisis-hit Maytas Infra today said the Company Law Board (CLB) had allowed the company to report its accounts for the quarter ended September by December 31. In a filing to the Bombay Stock Exchange, Maytas Infra said: “CLB, vide its order dated October 23, 2009, granted extension of time for publication of financial results of the company for the quarter ended September 30, 2009, up to December 31, 2009.” Earlier in September, Infrastructure Leasing & Financial Services Ltd
CLB allows Maytas Infra to finalise Q2 results by Dec 0926-OCT-09
Crisis-hit Maytas Infra today said the Company Law Board has given time to the company to report its accounts for the quarter ending September by December 31. In a filing to the Bombay Stock Exchange, Maytas Infra said, "The CLB, vide its order dated October 23, 2009, granted extension of time for publication of financial results of the company for the quarter ended September 30, 2009 up to December 31, 2009." Earlier in September, Infrastructure Leasing & Financial Services
FIIs hike stake in Maytas Infra to 10.7%23-OCT-09
Foreign Institutional Investors (FIIs) have hiked their stake in Maytas Infrastructure, once owned by the defamed promoters of Satyam Computer Services.
IL&FS nominates directors for Maytas30-SEP-09
Infrastructure Leasing and Financial Services Ltd (IL&FS), the new promoter of troubled Maytas Infra, has announced employee stock options and formal management of the company it got control of recently. The company announced its four nominees on the board of Maytas Infra who would replace the government nominees.
Maytas withdraws two government nominees23-SEP-09
Maytas Infra today said it has withdrawn two government nominated directors, out of four, on its board. But said the other two will continue for a period of two years, as per government orders.
'Pledging of shares allowed us to save Maytas Infra'22-SEP-09
The Satyam scam will not deter the corporate affairs ministry from going ahead with its plans to de-regulate the corporate sector. The proposed Companies Bill, 2009, which is under the consideration of a parliamentary committee, will not have any major Satyam-triggered changes, according to Corporate Affairs Minister SALMAN KHURSHID. In an interview with Joe C Mathew, the minister gives an overview of his plans for the ministry and various autonomous institutions attached to it.
Hyderbad Metro ropes in Deloitte as adviser20-SEP-09
Consultancy firm Deloitte India has been appointed financial consultant and transaction adviser for the Rs 12,132-crore Hyderabad Metro Rail project.
Govt plans no board change at Maytas Properties07-SEP-09
The legally enforced change of management in Satyam Computers and Maytas Infra Ltd is unlikely to be repeated in Maytas Properties, the real estate company owned by the Raju family, former promoters of Satyam Computers.
Govt recalls two directors from Maytas Infra board04-SEP-09
The government today recalled two nominee directors, K Ramalingam and O P Vaish, from the board of Maytas Infra which was handed over to infrastructure major IL&FS on Monday.
Newsmaker: Ravi Parthasarathy04-SEP-09
Acquiring Maytas Infrastructure could be Ravi Parthasarthy's chance to show his organisation's ability to think big.
IL&FS' open offer for Maytas at Rs 112.8 a share03-SEP-09
Infrastructure Leasing and Financial Services Ltd and its associates will buy up to 11.78 million equity shares at Rs 112.80 each from the shareholders of Maytas Infra Ltd, as part of the process to take control of the troubled company.
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