Unitech dismisses rumours of repayment default after shares fall

Last Updated: Wednesday, June 3, 2015, 14:42

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.

Unitech posts Rs 162.54 cr net loss in Q4 of FY'15

Last Updated: Friday, May 29, 2015, 19:44

Realty firm Unitech on Friday reported consolidated net loss of Rs 162.54 crore for the fourth quarter of last fiscal on lower sales and higher expenditure.

Unitech appoints two non-executive independent directors

Last Updated: Monday, May 25, 2015, 16:04

Real estate firm Unitech today appointed Sunil Rekhi and Chanderkant Jain as additional non-executive independent directors on the company's board.

Unitech to pay penalty to buyers for delay in Gurgaon project

Last Updated: Tuesday, March 10, 2015, 00:10

Realty firm Unitech Monday said that the delivery of the flats in its housing project 'Residences' at Gurgaon got delayed and the company would pay the penalty to the buyers as per the agreement.

Unitech sales bookings down 38% at Rs 663 cr during Apr-Dec

Last Updated: Sunday, February 15, 2015, 11:20

Unitech launched 0.64 million sq ft while delivered 3.04 million sq ft area in the first three quarters of this fiscal.

Tata-Unitech deal: CBI mulling option of closing probe

Last Updated: Sunday, January 11, 2015, 17:35

After re-opening a probe into whether funds from the Rs 1,700 crore Tata Realty-Unitech land deal were diverted for spectrum purchase, the CBI is mulling the option of closing the case again.

2G case: Court fixes March 3 to record statement of accused

Last Updated: Monday, January 20, 2014, 20:46

Special CBI Judge O P Saini adjourned the matter till the next date as the questions to be put to the accused were not yet ready.

Telenor appoints Morten Karlsen Sorby as Uninor CEO

Last Updated: Wednesday, January 8, 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.