Nagarjuna may go solo on infra JVs with Maytas

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Nagarjuna Construction plans to execute infrastructure projects on its own even if its joint venture partner Maytas Infra decides to pull the plug due to financial instability, Nagarjuna Construction Senior Vice President (Finance) Y D Murthy said here today. Late December, Satyam Computer Services said that it plans to acquire 51 per cent stake in Maytas Infra.
First Published: Jan 17 2009 | 12:00 AM IST