Tag Archives: Promoter

Investors ask Satyam to call off acquisitions

December 18, 2008 – 2:04 am

India’s fourth-largest IT services provider Satyam Computer Services was forced to reverse yesterday’s decision to diversify into real estate and infrastructure following strong shareholder protests that saw its stock price fall 30% on BSE.
Satyam had proposed to acquire Maytas Properties and Maytas Infra, companies controlled and run by the promoter family, for $1.6 billion (around [...]

By rajani | Posted in Property News | Also tagged , , , , , , , , , , , , , | Comments (1)

Saffron Group Wants Foremost Place In Realty Funding

May 26, 2008 – 6:20 am

Real estate private equity firm Saffron Group on 25th may said it has chalked out a two-sided plan to become a leading player in the market staying put for a minimum 5 yrs in upcoming properties and buying out properties with assured rental income.
The Group, a brainchild of Ajoy Veer Kapoor and his peers from [...]

By rajani | Posted in Property News | Also tagged , , , , , , , , , , | Comments (1)