IL&FS will be new promoters of Maytas:
Infrastructure major IL&FS will be the new promoter of Maytas Infra, union Minister for Corporate Affairs Salman Khurshid announced on Monday, Aug 31.
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.