Unitech leases office space to Google, to get Rs 600 cr rental

Last Updated: Sunday, August 23, 2015, 16:07

The leasing has been done at Rs 120-130 per square feet, sources said, adding that the deal would lead to rental revenue of around Rs 600 crore over the 9-year lease period.

Can't adjourn 2G case due to Delhi HC circular on strike: Court

Last Updated: Monday, July 27, 2015, 21:35

A special court on Monday said that in the wake of the Delhi High Court circular that no adjournment will be given owing to lawyers strike in 2G telecom spectrum allocation scam case in which former Telecom Minister A Raja, DMK MP Kanimozhi and 15 others are facing trial.

Unitech partners Snapdeal to sell plots in Chennai

Last Updated: Friday, July 24, 2015, 22:52

Realty firm Unitech Friday said it has joined hands with e-commerce major Snapdeal to sell plots in its 240-acre township at Chennai.

Promoters' stake in Unitech down by 12.93% as on June 30

Last Updated: Tuesday, July 21, 2015, 22:40

The shareholding of promoters in realty firm Unitech has come down sharply by nearly 13 percent to 32.61 percent as on June 30.

Unitech raises Rs 70 cr from Piramal group for Chennai project

Last Updated: Sunday, June 28, 2015, 16:10

"We plan to raise Rs 150-200 crore funding through private equity and structured financing to meet working capital needs of our ongoing projects," Chandra had said.

Unitech plans to raise Rs 200 cr for ongoing housing projects

Last Updated: Thursday, June 11, 2015, 17:04

Asked about debt reduction plan, Chandra said: "We have retired all our telecom related liabilities during last fiscal aggregating almost Rs 1,000 crore rupees. Accordingly, our debt servicing requirement has come down to that extent".

Unitech plunges nearly 8% on bourses

Last Updated: Tuesday, June 9, 2015, 18:49

Shares of Unitech plunged nearly 8 percent Tuesday amid reports that the National Consumer Disputes Redressal Commission (NCDRC) has asked the realty major to compensate buyers for delay in delivery of flats in Gurgaon, Haryana.

All debts pertaining to telecom business paid: Unitech

Last Updated: Thursday, June 4, 2015, 19:35

Realty firm Unitech Thursday said it has repaid all debts pertaining to telecom business and will bring down its overall debt of over Rs 6,300 crore gradually with the help of positive cash flow.

Unitech makes a comeback, stock up 10%

Last Updated: Thursday, June 4, 2015, 18:58

Shares of Unitech on Thursday staged a strong comeback, surging nearly 10 percent, after the realty firm blamed certain sections of the market for spreading "false and misleading" rumours about the company defaulting on its debt repayment that resulted in severe slump yesterday.

Realty stocks crash, Unitech plummets 35%

Last Updated: Wednesday, June 3, 2015, 20:54

Led by a free-fall in Unitech, realty stocks witnessed massive selling pressure Wednesday, falling by up to 35 per cent on mounting debt worries amid indications that deficient monsoon may prevent future rate cuts by RBI.