On Thursday, it was announced by the Andhra Pradesh Chief Minister Y S Rajasekhara Reddy that the recent developments in the software giant Satyam group are not going to affect major projects in the state.

Reddy said to a pointed question on the fate of projects like the Hyderabad Metro Rail, entrusted to Maytas, “Satyam is Satyam. Maytas is Maytas. Right now we don't see any problem. Maytas will do it.”

At a press conference, he said, “There have been some issues in the Satyam management because of some decisions taken by its Board. But they are internal issues. They are between the share-holders and the management. We are not concerned with them in anyway.”

He added, “The issue is not concerned with us. We have got no problems whatsoever.”

Reddy also expressed his viewpoint regarding the allocation of land to Satyam in Visakhapatnam and he said that about 50 acres of land was allotted to the "company" and the company was doing extremely well.