Unitech raises Rs 70 cr from Piramal group for Chennai project
"We plan to raise Rs 150-200 crore funding through private equity and structured financing to meet working capital needs of our ongoing projects," Chandra had said.
Jun 28, 2015, 16:10 PM IST
Unitech plunges nearly 8% on bourses
Shares of Unitech plunged nearly 8 percent Tuesday amid reports that the National Consumer Disputes Redressal Commission (NCDRC) has asked the realty major to compensate buyers for delay in delivery of flats in Gurgaon, Haryana.
Jun 09, 2015, 18:49 PM IST
Unitech makes a comeback, stock up 10%
Shares of Unitech on Thursday staged a strong comeback, surging nearly 10 percent, after the realty firm blamed certain sections of the market for spreading "false and misleading" rumours about the company defaulting on its debt repayment that resulted in severe slump yesterday.
Jun 04, 2015, 18:58 PM IST
Realty stocks crash, Unitech plummets 35%
Led by a free-fall in Unitech, realty stocks witnessed massive selling pressure Wednesday, falling by up to 35 per cent on mounting debt worries amid indications that deficient monsoon may prevent future rate cuts by RBI.
Jun 03, 2015, 20:54 PM IST
Unitech brushes off rumours about default in debt repayment
Shares of Unitech had nosedived 51.63 percent to Rs 6.50, its 52-week low on the BSE.
Jun 03, 2015, 18:36 PM IST
Realty stocks sink, Unitech crashes 52%
Shares of Unitech nosedived 51.63 percent to Rs 6.50 its 52-week low at the BSE.
Jun 03, 2015, 15:16 PM IST
Unitech posts Rs 162.54 cr net loss in Q4 of FY'15
Realty firm Unitech on Friday reported consolidated net loss of Rs 162.54 crore for the fourth quarter of last fiscal on lower sales and higher expenditure.
May 29, 2015, 19:44 PM IST
Unitech appoints two non-executive independent directors
Real estate firm Unitech today appointed Sunil Rekhi and Chanderkant Jain as additional non-executive independent directors on the company's board.
May 25, 2015, 16:04 PM IST
Unitech to pay penalty to buyers for delay in Gurgaon project
Realty firm Unitech Monday said that the delivery of the flats in its housing project 'Residences' at Gurgaon got delayed and the company would pay the penalty to the buyers as per the agreement.
Mar 10, 2015, 00:10 AM IST
Unitech sales bookings down 38% at Rs 663 cr during Apr-Dec
Unitech launched 0.64 million sq ft while delivered 3.04 million sq ft area in the first three quarters of this fiscal.
Feb 15, 2015, 11:20 AM IST
Tata-Unitech deal: CBI mulling option of closing probe
After re-opening a probe into whether funds from the Rs 1,700 crore Tata Realty-Unitech land deal were diverted for spectrum purchase, the CBI is mulling the option of closing the case again.
Jan 11, 2015, 17:35 PM IST
Unitech posts Rs 14.69 cr loss in Sept quarter
Realty firm Unitech on Wednesday reported Rs 14.69 crore consolidated losses for the second quarter of this fiscal on lower sales.
Nov 12, 2014, 18:39 PM IST
Unitech group firm sells 6 realty projects for Rs 1,850 cr
Unitech's net debt stood at around Rs 5,900 crore at the end of June quarter.
Nov 05, 2014, 18:59 PM IST
Unitech, UCP get BoA approval for stake sale in 5 SEZs
UCP and realty major Unitech are jointly developing five special economic zones (SEZs) and one IT Parks in Gurgaon, Noida and Kolkata. In these six projects, UCP holds 60 percent stake and Unitech 40 percent.
Sep 24, 2014, 19:07 PM IST
Unitech to sell non-core lands to cut debt, improve cash-flows
Unitech currently has over 100 ongoing projects, totalling an area of 38.41 million sq ft. Its net debt stood at Rs 5,900 crore at the end of the first quarter of this fiscal.
Sep 02, 2014, 16:21 PM IST
CBI to probe Tata Realty-Unitech land deal
CBI has registered a Preliminary Enquiry (PE) to probe into an alleged Rs 1,700 crore land deal between Tata Realty and Unitech in 2007 to purportedly fund the latter's telecom project.
Aug 17, 2014, 14:58 PM IST
Unitech Q1 profit plummets 91% on losses in telecom biz
Realty firm Unitech on Wednesday reported 91 percent decline in its consolidated net profit at Rs 5.56 crore for the quarter ended June as the company booked losses of nearly Rs 1,000 crore in erstwhile telecom business.
Aug 13, 2014, 19:21 PM IST
A Raja denies giving 2G licences to ineligible STPL, Unitech
Former Telecom Minister A Raja Wednesday denied in a Delhi court the suggestion of CBI that he had granted 2G spectrum licences to Unitech group of companies and Swan Telecom Pvt Ltd (STPL) despite knowing that they were "ineligible" to get the radio waves.
Jul 23, 2014, 21:32 PM IST
