Page 3 - Unitech

SC frowns over special treatment to Chandra brothers in Tihar jail

A report says Unitech officials are enjoying facilities in Tihar. These persons are enjoying TV. They are sitting on sofas, the Bench observed

'They are enjoying': SC snaps at Unitech bosses 'luxurious life' in jail

Sanjay and Ajay Chandra have an office and home-like comfort in their cell in Tihar prison, other inmates have alleged.

Crisis-hit Unitech records Q2 net loss at Rs 1.30 billion; income dips

Unitech is facing a huge crisis as it has defaulted in giving delivery of its housing projects on time to customers

Hyderabad HC directs Telangana govt, TSIIC to pay over Rs 6.6 bn to Unitech

Justice M S Ramachandra Rao gave the direction on October 23, on the petition by Unitech Limited

Unitech appoints Hemangi Dhir as non-executive independent director

Crisis-hit Unitech has appointed Hemangi Dhir as an additional non-executive independent director of the company. With appointment of Dhir, the company said it was complying with the mandatory provisions of Sebi (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding combination of directors with at least one woman director. In a regulatory filing, Unitech said the appointment has been made with effect from October 3, 2018, for a term of five years. Dhir is a Bachelors of Science in Finance and Management from University of South Carolina, United States. She is managing partner in garment export house since 2012. She has worked with Ernst & Young, Washington DC. Gurugram-based Unitech has defaulted in making timely deliveries of its housing projects across the country, forcing buyers to protest and file legal cases in courts. The company has been trying to sell off its assets to complete projects, but without much success.

CBI arrests Saket SHO in bribery case, books Unitech founder Ramesh Chandra

Besides Kumar, an advocate identified as Neeraj Wali has also been arrested

SC orders auction of Unitech properties to refund money to homebuyers

A bench headed by Chief Justice Dipak Misra also directed Unitech Ltd to submit a list of all properties of the company

Unitech Q4 net loss widens to Rs 10 bn on higher operational expenditure

For entire 2017-18, Unitech posted a net loss of Rs 12.75 billion as against a loss of Rs 4.02 billion in 2016-17

Hyderabad HC likely to hear Unitech's plea on Monday

Now, the Telangana government and the state-owned TSIIC have to return the money with interest which will be about Rs 500 crore

Unitech seeks stay of NCLT order letting govt to take over management

The NCLT's principal bench, by its December 8 order, had suspended eight directors of the Unitech.

Unitech shares rise 20% as NCLT allows govt to appoint 10 directors

Today's rally is the fourth consecutive one for the stock. On December 8, the Unitech scrip had jumped 20 per cent

Action against Unitech a wake-up call for realtors

A govt takeover could be justified if there was fraud involved but not because of the failure of the company, says Niranjan Hiranandani

Unitech: The decline of realty major

A decline in the real estate sector, rising debt and Unitech's alleged involvement in 2G scam caused damage to the business and its image

Management interference detrimental to stakeholders: Unitech on NCLT order

The company said that despite its two managing directors in judicial custody, they have been striving hard to secure financing

NCLT says govt nominated Unitech directors will work as per SC directive

Any interference in working of current management will be detrimental to cause of all stakeholders, Unitech said about the NCLT order.

Govt to seek court approval to take control of Unitech; stock surges 20%

Till 02:46 PM; a combined 145 million representing 5.5% of total equity of Unitech changed hands and there were pending buy orders for 15.73 million shares on the NSE and BSE.

NCDRC asks Unitech to refund Rs 41 lakh to buyer

It also noted that the firm was not in a position to hand over the possession of the apartment

Unitech independent director Ghanshyam Roopchand Ambwani quits

The board has accepted his resignation with immediate effect,

SC declines Unitech MD Sanjay Chandra's interim bail plea

The court directed the next hearing of the matter on September 21

Unitech soars 20% on heavy volumes

On July 6, Manish Lakhi purchased 15.48 million shares of the company at price of Rs 6.24 per share