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Wednesday, December 17, 2008 - 05:30 IST
Satyam Buys 100% In Maytas Properties & 51% In Maytas Infra
BY Pallavi S & Shrija Agrawal
The deal raises several questions as Maytas is owned by Satyam chairman S Ramalinga Raju's sons.
Desperate times call for desperate actions. India's fourth largest IT services firm Satyam Computer is acquiring 100% stake in Hyderabad-based Maytas Properties for $1.3 billion and is going to pick up a 51% in public listed firm Maytas Infra...
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