Institutional lenders seek seat on Maytas Infra board
Institutional lenders, led by IL&FS, have sought seats on Maytas Infra board, the infrastructure firm run by Teja Raju, son of B Ramalinga Raju.
Maytas Infra, the infrastructure firm owned by the son of disgraced former chairman of Satyam Computer Services B Ramalinga Raju, has filed a criminal case against Vedanta Aluminium and eight of its employees for ``fraudulently'' encashing bank guarantees without terminating a contract between them.