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UNITECH LTD FINANCIAL ISSUES
ED attaches Rs 634-crore assets in money laundering case against Unitech realty projectA provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach properties connected with the Unitech Gol...- Our objective is to give houses to 22,000 homebuyers of ailing Unitech: SCThe Supreme Court is pushing for a resolution for 22,000 Unitech homebuyers. The court wants suggestions from the new board, banks, and fin...
- IBBI panel suggests project-wise insolvency resolution for real estate sectorA panel suggested restricting real estate insolvency proceedings to stressed projects, not entire companies, to protect homebuyers in solve...
- Sebi, stock exchanges waive fines, penalties on UnitechSebi, NSE, and BSE have waived fines on Unitech for past non-compliances and will shift its shares from the restricted Z category to active...
- Relief for home buyers, SC grants exemption to Unitech housing projects from RERA registrationThe Supreme Court granted exemption from RERA registration for Unitech Ltd’s housing projects in seven states, facilitating loan disburseme...
- How a lone farmer halted Unitech's construction in Noida projectA farmer halted Unitech's road construction in the Express City project, claiming ownership of a 7,000 square metre plot within the develop...
- Suraksha ARC and JM Financial put Rs 2000 cr in Unitech towards transfer of loansFunding by ARCs to help realtor complete its pending projects; co said to be looking for more investors.
- Unitech, HDFC tank 2% each after share sale to JMFARCFollowing the development, shares of Unitech tanked 2.17 per cent to hit a low of Rs 4.49 on BSE.
- Noida asks LIC to stop e-auction of housing land mortgaged by UnitechThe Authority claims it has no record of any permission sought or granted for mortgaging the land to LIC and that it has the first charge o...
- Court stays NBWs against two MDs of UnitechA Delhi court today suspended the operation of the non-bailable warrants issued against Unitech Managing Directors Sanjay Chandra and Ajay ...
- LIC warns of all options to recover dues from UnitechLIC has said real estate Unitech's Rs 200-crore loan account continues to remain sub-standard and it will pursue all options to recover the...
- Life Insurance Corporation close to seizing Unitech's Noida landBankers said "notional possession" is a step short of taking physical control of an asset, although the property remains under the company'...
- Telenor threatens legal action if Unitech fails to withdraw objections raised with FIPBTelenor will initiate contempt proceedings against Unitech if it doesn't withdraw its objections on their JV's revised rights issue of Rs 1...
- Unitech moves court to stop Telenor from forming JVReal estate developer Unitech Ltd has moved court to restrict Norway's Telenor from creating a new telecom joint venture in India.
- SC asks high court to rehear Unitech Wireless, Telenor pleaThe Supreme Court on Friday set aside an order of the Punjab & Haryana High Court that prevented Unitech Wireless and Telenor from carrying...
- 2G scam: CBI questions Unitech MDThe CBI HQ turned into a corp office with top brass of four companies - Loop, S-Tel, Tata Realty and Unitech - arriving for questioning by ...
- Unitech to raise $ 325 mn through QIPReeling under financial crunch, realty major Unitech has moved to raise 325 mn dollars (about Rs 1,567.75 crore) through qualified institut...
- Unitech seeks nod for $1bn GDRsUnitech, has sought government approval to float global depository receipts (GDR) to raise a maximum of Rs 5,000 crore.
- Unitech seeks govt’s okay to raise $1 b through GDR issueIndia's second-largest listed realty company Unitech has sought the government’s approval to float global depository receipts (GDRs) to rai...
- Unitech in talks with PEs to raise $500 m via debt issueUnitech, the financially troubled Gurgaon-based realty company, is planning to raise $300-500 million through an issue of convertible debt ...
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