Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: form 3cd :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: VAT RATES :: VAT Audit :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: ACCOUNTING STANDARDS
 
 
« News Headlines »
 Income Tax Department expands list of deposits, transactions under scrutiny
  Income-tax Act, 1961 read with Rule 114E of Income-tax Rules, 1962
 Master Directions on Access Criteria for Payment Systems
 RBI-Scheduled Bank's Statement of Position in India as on Friday, January 06, 2017 (Revised)
 3 Big Mistakes To Avoid This Tax Season
 The Top 5 Tax Stories Of 2017
 Are multiple service tax rates in the offing?
 All you need to know about claiming tax break on HRA
 How much income tax you should pay on investments in gold?
  Best ways to save tax in 2017
 8 unknown stocks that could yield huge returns

Maytas Properties looks for Rs 150-200cr funding
October, 01st 2009

After Maytas Infrastructure was officially handed over to IL&FS on September 29, the attention has now turned to Maytas Properties. CNBC-TV18 learns that the board of Maytas properties is likely to come out with a solution for its real estate project Hill County in a couple of weeks.

The government nominee on the board of Maytas Properties, Ved Jain said that the company was looking for funding worth around Rs 200 crore for which he would seek help from banks and other investors. Here is a verbatim transcript of Gopika Gopakumars comments on CNBC-TV18.

Ved Jain, the government nominee on the board of Maytas Properties, when quizzed whether Maytas properties would go the Maytas Infra way, he said there was no contemplation about a change in management at this point in time and that the board including the promoters were working on a solution to complete their real estate project which is Maytas Hill County.

He said that around 700 families had invested around Rs 800 crore in this project and the obligation was to complete this project. He also said that the company was looking for funding worth around Rs 200 crore for which he would seek help from banks and other investors.

I met a very emotional Teja Raju and we spoke at length on a plethora of issues including his brother Rama Raju and he said that they were currently working on completing the Hill County project and reassured that a solution would come up in the next few weeks.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Custom Software Development Outsourcing Custom Software Development Offshore Cus

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions