With its promoter in jail, stock price nearing 52-week lows, downgrades by rating agencies and the state chief minister saying he would look into the realty major’s ability to complete plum projects, Maytas is clearly tottering and looks like it is on the brink. A cross section of its employees, however, maintains that all is […]
Tag: Chief Minister
Salim Group’s Expressway Due To Land Acquisition Problem
Days after Chief Minister Buddadeb Bhattacharjee declared that Indonesia-based Salim group’s Expressway was put on hold due to the land acquirement problem, Prasoon Mukherjee, Salim Group’s pointsman and chairman of NKID (New Kolkata Infrastructure Development) expressed confidence that the other jumbo projects of the Group, including the PCPIR, are on track. Mukherjee said “We have […]
Five Township Projects For Hyderabad
19 January 2008, Hyderabad. The Hyderabad Urban Development Authority (HUDA) has planned to develop five world class townships in and around Greater Hyderabad. The Chief Minister, Dr Y.S. Rajasekhara Reddy, had given approval for HUDA’s proposal on new townships in a review meeting here on Saturday. Proposed five townships will be developed at Jawahar Nagar, […]