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UNITECH FUNDRAISING
Government looking to place checks on companies raising FDsSeparately, the International Monetary Fund has also written to the government suggesting that the provision for companies to access deposi...
Unitech plans to raise Rs 500 crore from private equity firmsThe company is in advance stage of discussion with 2-3 private equity firms, including one from the Middle East, to raise funds, sources sa...
- Realty stocks continue to bleed
Analysts estimate that the scam could see a slide in property prices by as much as 20%.
- We have been able to actually generate extra volume: Sanjay Chandra
ET NOW talks to Sanjay Chandra, MD, Unitech.
- Unitech's $700 mn FCCB plan hits regulatory wall
Unitech is looking overseas to lower the overall cost of debt, at around 13%, though it said the FCCB money would be used to develop a town...
- Unitech seeks approval to raise $700 m through FCCB issue
The company has assured the government that the fund will be used for an integrated township and not for repaying existing debts.
- 'Low-cost housing model can survive only with govt help'
Bhaskar Chakraborty, who tracks real-estate companies at IIFL Capital, in an exclusive interaction said volume growth for developers in Mum...
- TDI lines up Rs 1,000 cr for budget homes
The New Delhi-based realty firm TDI is planning to invest Rs 1,000 crore to build low-priced homes in the national capital region in the ne...
- Era Infra looks to raise Rs 600 cr via QIP route
Delhi-based engineering and construction company Era Infra Engineering is looking to raise Rs 500-600 crore by issuing fresh shares through...
- Realty firms plan to raise over Rs 25,000 cr by share sale
Enthused by improving market conditions, eight real estate firms including Unitech, Parsvnath and Sobha Developers are looking to raise mor...
- Orbit to raise Rs 500 cr through share sale
Real estate developer Orbit Corporation has announced that it would raise nearly Rs 500 crore through sale of shares to meet its long-term ...
- Unitech in talks with PEs to raise $500 m via debt issue
Unitech, the financially troubled Gurgaon-based realty company, is planning to raise $300-500 million through an issue of convertible debt ...
- Unitech sounds out PEs to sell hotel properties
The company is in talks with a few private equity investors to sell all its six properties, being constructed at Gurgaon and Kolkata.
- Tech vendors in a bind as new telcos delay operations
Datacom Solutions and Unitech Wireless say negotiations have hit a roadblock, with the new telecom entrants facing an uphill climb to raise...
- Outsourcing vendors in fix as $1.5 bn deals hit funds barrier
Vendors vying for large IT outsourcing deals from Datacom Solutions and Unitech Wireless say negotiations have hit a roadblock, with the te...
- Rising cost of funds hits real estate cos
High cost of borrowing from alternative channels and soaring interest rates have had a major impact on the bottom lines of real estate firm...
- Rate hike to delay realty projects
Caught between sluggish demand and rising cost of capital and construction, developers are deferring launch of new projects. Some even fear...
- Omaxe defers mega fund-raising plan
The volatility in stock market, which has almost halved the market capitalisation of most real estate firms in the past two months, is also...
- Unitech likely to hive off telecom business
Real estate major Unitech, which was awarded a pan-India telecom licence on Thursday, plans to hive off its telecom business as a separate ...
- After AIM, realty cos turn to Dubai to raise funds
India’s leading real estate developers are now ‘aim’ing for new shores. After raising funds from UK’s AIM, they are now flocking to the DIF...