Unitech Ltd

NCDRC asks Unitech to refund over Rs 49 lakh with 10% interest p.a to a home buyer

NCDRC asks Unitech to refund over Rs 49 lakh with 10% interest p.a to a home buyer

The home buyer had booked a flat in 'Unitech Horizon', at Greater Noida in 2006 with an assurance by the firm that possession would be given by November 2008.

Sep 20, 2017, 14:59 PM IST
Unitech bosses sent to police custody in fraud case

Unitech bosses sent to police custody in fraud case

The promoters of real estate firm Unitech Ltd, Sanjay Chandra and Ajay Chandra, have been sent to police custody for four days by a Delhi court in an alleged cheating case relating to a housing project in Greater Noida.

Sep 07, 2017, 17:30 PM IST
Unitech to open escrow account, use money to complete projects: Delhi High Court

Unitech to open escrow account, use money to complete projects: Delhi High Court

 The Delhi High Court has granted an opportunity to beleaguered real estate major Unitech Ltd to complete its delayed housing projects and hand over possession of flats to buyers by opening escrow accounts and using the money deposited in it solely for these projects.

Sep 11, 2016, 13:54 PM IST

Unitech's independent director Sanjay Bahadur resigns

In a regulatory filing, Unitech informed that "Sanjay Bahadur, a non-executive independent director of the company, has resigned from the office of director of the company w.e.f. February 23, 2016 vide his resignation letter dated February 23, 2016."

Feb 23, 2016, 22:06 PM IST

Unitech dismisses rumours of repayment default after shares fall

Property firm Unitech Ltd denied on Wednesday what it called "false and misleading" market rumours of the company defaulting on repayments to lenders, as its stock plunged as much as 50 percent, hitting its lowest in 10 years.

Jun 03, 2015, 14:42 PM IST

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

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.

Nov 17, 2013, 15:44 PM IST

2G: SC notice to Sanjay Chandra on CBI plea to cancel his bail

The Supreme Court on Friday agreed to hear CBI's plea for cancellation of bail granted to Sanjay Chandra, MD of Unitech Ltd, in 2G case for allegedly trying to "sabotage the trial" and issued notice to him.

Aug 02, 2013, 12:33 PM IST

Unitech to reimburse rent to buyer for delay in giving flat

Realty major Unitech Ltd has been directed by the apex consumer commission to reimburse nearly Rs 14 lakh spent by a customer on rent after the flat for which he paid over Rs 1.37 crore in 2007 was not handed over to him till date.

Jun 03, 2013, 17:37 PM IST

Unitech clocks 13-fold jump in Q4 profit

Realty major Unitech Ltd Thursday reported over thirteen-fold jump in consolidated net profit at Rs 30.33 crore for the quarter ended March 31 on account of higher revenues from real estate segment.

May 30, 2013, 23:34 PM IST

Telenor, Unitech settle dispute over JV Uninor: HC told

Norwegian firm Telenor and Indian real estate major Unitech Ltd today told the Delhi High Court that they have put an end to their ongoing dispute over the auction-sale of their joint venture (JV) Uninor by arriving at an amicable settlement.

Oct 11, 2012, 16:39 PM IST

Unitech sales booking in Q1 drops 31% at Rs 701 crore

Real estate major Unitech Ltd sold properties worth Rs 701 crore during the first quarter of this fiscal, down by 31 percent as compared to the year-ago period.

Aug 16, 2012, 15:38 PM IST

2G case: CBI opposes Chandra's plea to visit Thailand

Three telecom firms -- Reliance Telecom Ltd, Swan Telecom and Unitech (Tamil Nadu) Wireless Ltd -- were also put on trial by the court.

Jul 27, 2012, 19:44 PM IST

Unitech Q4 net profit plunges 98%

Unitech Ltd, the country's third largest real estate developer by market value, Wednesday reported 97.79 percent dip in consolidated net profit at Rs 2.26 crore for the quarter ended March 31, 2012 on lower sales.

May 16, 2012, 11:57 AM IST

Unitech was ready for 2G spectrum in advance: Court told

Unitech Ltd, facing trial in the 2G spectrum allocation case, had readied itself four months in advance with the demand draft to secure the government's letters of intent (LoIs) for grant of radio waves to it, a former executive of the firm told a Delhi Court on Tuesday.

Apr 25, 2012, 18:55 PM IST

Unitech defends it right to seek arbitration

Realty company Unitech on Thursday told Company Law Board that its dispute with Norwegian firm Telenor over their joint venture Uninor was fit case for arbitration.

Mar 29, 2012, 20:59 PM IST

Legality of Telenor claim for damages can be examined: Govt

With Norwegian telecom operator Telenor claiming damages for cancellation of its 2G licences, the government Tuesday said the legality of the notice could be examined within the parameters of Indian law.

Mar 27, 2012, 10:35 AM IST

Uninor examining legal options, rules out quitting India

Unitech Wireless Ltd is a joint venture between Norway-based Telenor Group and India's Unitech Ltd.

Feb 15, 2012, 20:39 PM IST

2G case: Unitech MD withdraws plea seeking nod to go Singapore

Sanjay Chandra, Managing Director of Unitech Ltd and a co-accused in the 2G case, today withdrew his plea from the Delhi High Court seeking permission to go to Singapore for treatment of his 9-year-old son.

Dec 26, 2011, 15:45 PM IST

Unitech may sell tower-making business: Report

Real estate developer Unitech Ltd is trying to sell its telecom tower-making business for up to Rs 7.5 billion (USD 157.6 million) as part of its deleveraging initiatives, the Daily News & Analysis said on Tuesday.

Aug 04, 2009, 09:49 AM IST