Maytas Properties aims to secure liquidity through potential partnerships, as negotiations with lenders and developers progress, according to Government-appointed Director Ved Jain.
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.
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.
Maytas Properties launches IT/ITES SEZ, Maytas Hill County, with 8 million sqft built-up area, and plans two more SEZs in Hyderabad.
Private equity investments in India's real estate sector have surged in 2008, driven by lower valuations and a liquidity crunch, offering a prime opportunity for investors.