The Congress-led government in Andhra Pradesh has sanctioned a Rs 121-crore project to Maytas Infra, barely two days after the founder and chairman of Satyam Computer Services B Ramalinga Raju’s scuppered bid to buy infrastructure firm run by his son Teja Raju. The state has issued an order on Saturday sanctioning funds for the road […]
Tag: Infrastructure Firm
Gayatri To Buy Five Infrastructure Companies
May 27, 2008 – 3:53 am
Infrastructure firm Gayatri Projects is all set to acquire five smaller infrastructure firms in the country, paving the way for its inorganic expansion. The company plans to fund these acquisitions through divestment of 49% equity in favour of Australian multi billion-dollar wealth management firm AMP. The latter will bring to the table Rs 200 crore […]
