Profit

Satyam saga casts shadow over Hyderbad metro

PUBLISHED ON: January 15, 2009 | Duration: 1 min, 52 sec

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The Andhra Pradesh government is considering various options to get ahead with the Hyderabad elevated metro rail project, which was won by Nava Bharat-led consortium, in which Maytas Infra is one of the partners. Sources in the Andhra Pradesh government have told NDTV have ruled out financial closure in March. It means the power-that-be will have to soon take a call on whether to give Maytas more time, which looks unlikely now or invite other parties to bid for the project.
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