Maytas Infra faces significant challenges, including management issues, stock downgrades, and project cancellations, raising concerns about its future viability.
The World Bank has banned Satyam Computer Services for eight years due to data theft and bribery. Satyam's independent directors claim ignorance, highlighting a communication gap within the company's board.
Andhra Pradesh government allocates Rs 121 crore to Maytas Infra for a road project, raising concerns due to the recent failed Satyam bid to acquire a stake in the company.
Satyam Computer Services reverses decision to diversify into real estate and infrastructure after shareholder protests
Satyam's planned entry into real estate sparks investor backlash, shares plummet 30% before deal is abandoned.