District court allows Telenor to bid in spectrum auctions with new partnerIn February, Telenor had served a divorce notice to Unitech and sought compensation from the real estate company after the Supreme Court ca...
- Court allows Telenor to bid in spectrum auctions with new partner
The Gurgaon district court dismissed Unitech's plea that Telenor should not be restrained from partnering with any other Indian co in the s...
- CLB reserves order on Unitech's plea seeking stay on Uninor auction
The Company Law Board (CLB) today reserved its order on Unitech plea seeking a stay on the auction of its JV firm Uninor.
- Telenor-Unitech standoff worsens
The standoff between estranged JV partners of mobile phone company Uninor, majority owned by Norway’s Telenor, has worsened further.
- Uninor knocks on FIPB door to bring Rs 1,200 crore via rights issue
The move may escalate the spat between Telenor and its estranged partner, Unitech, which has about a 33% stake in the mobile phone venture.
- Company law board backs Unitech, refers Uninor dispute to arbitration
CLB has endorsed realty firm Unitech's stance that its ownership dispute with Telenor should be resolved through arbitration in Singapore.
Company Law Board OKs international arbitration in Telenor-Unitech caseUnitech was pleased that 'CLB accepted its plea & respected shareholders' agreement. Telenor said it would challenge the verdict.
Income Tax department attaches Unitech's shares in Uninor for outstanding tax duesThe IT department has attached the shares of three companies through which realty firm Unitech Ltd holds about 33% stake in mobile phone co...
- Unitech-Telenor dispute: Unitech moves company law board for arbitration
Unitech on Friday sought the Company Law Board’s approval to settle the ongoing dispute with its JV partner Telenor through arbitration.
- Unitech demands $150 million from Telenor to exit joint venture
Unitech has sought about $150 mn from Telenor to sell its 32.7% stake in their telecom JV & end bitter dispute between two partners.
- CLB returns petitions of Telenor, Unitech
The Company Law Board today returned the petitions of Telenor and Unitech over the dispute in their joint venture Uninor on technical groun...
- 'Telenor cannot enter into any separate telecom venture until the JV annulled'
As per the SHA, Telenor cannot enter into 'any separate telecom venture or any allied business in India with another partner until their JV...
- Unitech puts on hold demerger of infrastructure business
Unitech today said it has put on hold its plans to demerge the infrastructure vertical indefinitely on account of sluggishness in economy.
- Unitech moves CLB seeking observer for telecom JV board meet
Unitech and its associate firms moved CLB requesting it to appoint independent observer for the board meeting of its telecom JV Unitech Wir...
- Telenor plans to increase stake in Unitech Wireless to 74%
Norway's Telenor has told the Foreign Investment Promotion Board that it plans to increase its holdings in Unitech Wireless to 74%.
- FIPB clears Unitech Wireless' proposal for rights issue of Rs 8,250 crore
The foreign investment promotion board has cleared a proposal from Unitech Wireless’ for a rights issue of Rs 8,250 crore.
- Unitech Wireless raises Rs 5,000 cr for network roll out
Unitech Wireless, the joint venture between realty major Unitech and Norway's Telenor, has raised Rs 5,000 crore as loan from SBI to financ...