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'Maytas' - 49 News Result(s)

  • Sebi drops charges against three entities in Maytas Infra case

    Sebi drops charges against three entities in Maytas Infra case

    The Securities and Exchange Board of India (Sebi) has dismissed a case against three entities for their alleged involvement in the fraudulent and unfair trade practices in the shares of erstwhile Maytas Infra nearly five years ago.

  • Maytas Infra settles dispute with Vedanta, withdraws plea in SC

    Maytas Infra settles dispute with Vedanta, withdraws plea in SC

    Maytas Infra on Wednesday informed the Supreme Court that it has settled its dispute with Vedanta Aluminum and withdrew its petition against the UK-based company. Counsels appearing for Maytas Infra, now IL&FS Engineering and Construction Company, informed a bench comprising Justice H S Bedi...

  • Spat over inter corporate debt between Mah Satyam and Maytas Infra

    More than 18 months after the accounting fraud at Satyam imploded, a former sister firm Maytas Infra is now asking for an amount of Rs 324 crore that it had lent to Satyam. Maytas has even asked the Ministry of Corporate Affairs (MCA) to help recover the money after both firms changed hands....

  • Maytas Infra reports net loss of Rs 55.35 crore in the December 2009 quarter

    Sales reported at Rs 198.79 croreMaytas Infra reported net loss of Rs 55.35 crore in the quarter ended December 2009. Sales reported to Rs 198.79 crore in the quarter ended December 2009.

  • Maytas Infra reports net loss of Rs 249.65 crore in the year ended March 2010

    Sales decline 28.42% to Rs 955.44 croreMaytas Infra reported net loss of Rs 249.65 crore in the year ended March 2010 as against net loss of Rs 489.79 crore during the previous year ended March 2009. Sales declined 28.42% to Rs 955.44 crore in the year ended March 2010 as against Rs 1334.87 crore du...

  • Maytas Infra reports net loss of Rs 528.80 crore in the September 2009 quarter

    Sales decline 50.56% to Rs 174.92 croreMaytas Infra reported net loss of Rs 528.80 crore in the quarter ended September 2009 as against net profit of Rs 16.85 crore during the previous quarter ended September 2008. Sales declined 50.56% to Rs 174.92 crore in the quarter ended September 2009 as again...

  • Maytas Infra Sept quarter net loss at Rs 528.79 cr

    Maytas Infra Sept quarter net loss at Rs 528.79 cr

    Maytas Infra, the company once promoted by a kin of disgraced Satyam Computer founder B Ramalinga Raju, today reported a net loss of Rs 528.79 crore for the quarter ended September 2009. The company had a net profit of Rs 16.84 crore in the same period ended September 2008 "The company ...

  • Maytas Infra to allot stock options

    Maytas Infra to allot stock options

    Under ESOSThe committee of Maytas Infra in its meeting on 23 March 2010 has granted approval for allocating 12,57,154 stock options under Employee Stock Option Scheme-2009.

  • Maytas Infra to increase authorised capital

    Maytas Infra to increase authorised capital

    EGM on 19 July 2010 The extraordinary general meeting of Maytas Infra will be held on 19 July 2010 to increase the authorised capital of the company.

  • Maytas Infra gains on buzz CDR scheme will be finalised

    Maytas Infra gains on buzz CDR scheme will be finalised

    Maytas Infra rose 1% to Rs 214.10 at 11:04 IST on reports the company has reached an agreement with lenders on its corporate debt restructuring scheme.Meanwhile, the BSE Sensex was down 119.13 points, or 0.67%, to 17,611.11. On BSE, 3.17 lakh shares were traded in the counter as against an average d...

  • Maytas Infra to issue & allot equity shares

    Maytas Infra to issue & allot equity shares

    On preferential allotment basis The board of Maytas Infra in its meeting on 19 June 2010 has approved to issue and allot 15,459,133 equity shares of the company, representing 20% of the post issue paid up equity share capital of the company on a preferential allotment basis to SBG Projects Investmen...

  • Maytas Infra selling 20% stake to Saudi firm

    Maytas Infra selling 20% stake to Saudi firm

    Nearly one year after finding itself in a mess post the Satyam scam, things are surely turning around for Maytas Infrastructure. The company is inducting SBG Projects (a member of the Saudi Binladin Group), as a co-promoter, by offering it 20 per cent in the company. The stake sale is expect...

  • Maytas Infra in focus as foreign firm buys stake

    Maytas Infra in focus as foreign firm buys stake

    The Saudi BinLaden Group (SBG) will buy a 20% stake in Maytas Infrastructure for around Rs 300 crore. SBG will buy Maytas shares for Rs 195.30 each. The investment will be through preferential allotment of shares by Maytas. Maytas was controlled by the family of Ramalinga Raju -- ex-promoter of Saty...

  • Maytas Infra surges 20% after stake sale to Saudi firm

    Maytas Infra surges 20% after stake sale to Saudi firm

    Maytas Infra on June21 soared 20 per cent to hit an year-high on BSE in morning trade, after a unit of Saudi Arabia-based Saudi Binladin Group agreed to buy 20 per cent stake in the company. Shares of Maytas Infra touched a 52-week high of Rs 253.40 a piece, up 20 per cent from previous clos...

  • Maytas Infra to hold board meeting

    Maytas Infra to hold board meeting

    On 19 June 2010The board meeting of Maytas Infra will be held on 19 June 2010 to consider the proposal of induction of an investor into the company. Towards this end, the board will consider the terms of the preferential allotment to the Investor. The board will discuss the terms of the provisional ...

  • Maytas Infra bags contract

    Maytas Infra bags contract

    Worth Rs. 185.32 croreMaytas Infra has bagged a contract from ITNL ENSO Rail System (IERS) for design and construction of Elevated Viaduct (single/ double line) and six stations for Rapid Metro Rail Gurgaon for a total value of Rs. 185.32 crore. This project needs to be completed within a period of ...

  • PSU OMCs to be in focus ahead of EGoM on fuel prices

    PSU OMCs to be in focus ahead of EGoM on fuel prices

    The board of directors of Reliance Communications (RCom) has given in-principle approval for induction of strategic/private equity investors into the company. The approval is for sale of up to 26% stake. RCom also said that its board had approved pursuing other appropriate strategic consolidation op...

  • PSU OMCs to be in focus ahead of EGoM on fuel prices

    PSU OMCs to be in focus ahead of EGoM on fuel prices

    The board of directors of Reliance Communications (RCom) has given in-principle approval for induction of strategic/private equity investors into the company. The approval is for sale of up to 26% stake. RCom also said that its board had approved pursuing other appropriate strategic consolidation op...

  • Maytas Infra grants stock options

    Maytas Infra grants stock options

    The government on Friday said direct tax collection has surpassed the budget estimate of Rs 3.70 lakh crore for the 2010 fiscal.

  • Maytas Properties may go to strategic investor: Khurshid

    Maytas Properties may go to strategic investor: Khurshid

    The government on Friday said direct tax collection has surpassed the budget estimate of Rs 3.70 lakh crore for the 2010 fiscal.

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