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Telenor appoints Morten Karlsen Sorby as Uninor CEO

Last Updated: Wednesday, January 08, 2014, 14:44

Norwegian firm Telenor Wednesday appointed its strategy and regulatory affairs head Morten Karlsen Sorby as the new Chief Executive Officer of its Indian telecom arm Uninor effective immediately.

Telenor invests Rs 1,000 cr to raise stake in Telewings to 74%

Last Updated: Friday, December 27, 2013, 19:16

Norwegian firm Telenor has raised its stake in Telewings Communications, which offers telecom services under brand name Uninor, to 74 percent with an investment of about Rs 1,000 crore.

Four stocks tank up to 8% on MSCI removal

Last Updated: Tuesday, November 26, 2013, 18:32

Realty firm Unitech's scrip tanked 7.67 percent to settle at Rs 15.65, while drug major Wockhardt lost 4.06 percent to end the day at Rs 472.

Unitech sales bookings fall by 53% in first half of FY'14

Last Updated: Sunday, November 17, 2013, 15:44

Realty major Unitech Ltd's sales bookings have dropped by 53 percent during first six months of this fiscal at Rs 717 crore due to slowdown in the property market.

Unitech Q2 net profit down 48% at Rs 25.57 cr

Last Updated: Thursday, November 14, 2013, 23:03

Realty firm Unitech on Thursday reported 48 percent fall in consolidated net profit at Rs 25.57 crore for second quarter ended September 30 due to higher expenses on construction activities.

2G spectrum case: Court rejects CBI plea to recall witness

Last Updated: Wednesday, October 30, 2013, 22:26

A Delhi court on Wednesday dismissed CBI's plea to recall the brother of Unitech MD and 2G accused Sanjay Chandra for further examination as a prosecution witness.

2G: CBI asked to give IO note on transaction of Tata, Unitech

Last Updated: Monday, October 21, 2013, 18:31

The court allowed the plea of private firm director Rajiv Agarwal, an accused in the 2G case, and directed the agency to supply a copy of the note, sent by chief investigating officer (IO) Vivek Priyadarshi to the IT department on March 12.

Unitech inks Rs 1,000 cr office leasing deal with Accenture

Last Updated: Sunday, October 20, 2013, 14:06

Realty firm Unitech Group has leased 8.1 lakh square feet of space in its under-construction Gurgaon IT SEZ to Accenture in a deal that will give Rs 1,000 crore of rental income over 15 years.

Realty stocks surge as Sebi floats norms for listing REITs

Last Updated: Friday, October 11, 2013, 18:51

Shares of Unitech surged 8.10 percent, while Prestige Estates gained 3.31 per cent and DLF was up 3.21 percent.

SFIO final report on Tata-Unitech deal in a 'few days': Pilot

Last Updated: Friday, October 04, 2013, 17:53

Serious Fraud Investigation Office (SFIO) is expected to submit its final report in a "few days" on alleged 'dubious' transactions between Tatas and realty firm Unitech which the two companies had denied.

MCA seeks SFIO probe status on Tata-Unitech deal

Last Updated: Monday, September 30, 2013, 22:50

The SFIO (Serious Fraud Investigation Office) probe was ordered by the Ministry last year into the affairs of Niira Radia-led PR firm Vaishnavi, which used to handle media relations of various Tata group firms and Unitech.

Unitech leases 8 lakh sq ft space in Gurgaon SEZ

Last Updated: Tuesday, September 24, 2013, 18:13

Realty major Unitech has leased 8 lakh sq ft of office space in its Gurgaon SEZ to US-based HR consultancy firm Aon Hewitt with a potential revenue of about Rs 800 crore over the next 15 years.