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MUMBAI May 16 (Reuters) - Unitech Ltd, India's No.3 real estate developer by market value, said its quarterly profit slumped 98 percent because of high borrowing costs and a slowdown in house sales. Thirteen interest rate increases by the ...
May 16, 2012 at 03:07 | Source: Reuters India
NEW DELHI – Unitech Ltd. (507878.BY), one of India's top realty companies by sales, Wednesday posted a 98% drop in consolidated net profit for the January-March quarter as expensive loans and property prices crimped demand for apartments and ...
May 16, 2012 at 06:06 | Source: FOXBusiness
(RTTNews) - Unitech Ltd. reported fourth-quarter stand-alone net profit of Rs.42.45 crore, down from Rs.64.83 crore for the quarter ended March 31, 2011. Total income decreased to Rs.384.37 crore from Rs.474.43 crore in the year-ago quarter. On a ...
May 16, 2012 at 04:04 | Source: RTT News
Unitech Ltd, the country’s third largest real estate developer by market value, on Wednesday reported 97.79% dip in consolidated net profit at Rs. 2.26 crore for the quarter ended 31st March, 2012 on lower sales. The company had posted a net profit of Rs ...
May 16, 2012 at 09:33 | Source: firstpost.com
“Unitech Overseas Ltd invested $51 million in ‘one yield enhancement certificate’ and Mauritius-based companies were involved in this deal,” a CBI source said. Sources said this transfer was suspicious as Unitech Overseas Ltd had a paid up capital ...
May 19, 2012 at 05:41 | Source: thelinkpaper.ca
All the accused deny any wrongdoing. Raja was the last of 14 charged in the case to be bailed, following the release of officials of Reliance ADA Group, Unitech Ltd. and DB Realty Ltd. The scandal triggered weeks of street protests last year and ...
May 15, 2012 at 13:16 | Source: Bloomberg
(RTTNews) - Realty major Unitech Ltd. reported a lower net profit for the fourth-quarter, both on stand-alone and consolidated basis, hurt by higher borrowing costs and slowdown in income. Thirteen interest rate hikes by the Reserve Bank of India (RBI ...
May 16, 2012 at 05:30 | Source: RTT News
The other accused are Reliance Group executives Gautam Doshi, Surender Pipara and Hari Nair; managing director of Unitech Ltd Sanjay Chandra; the promoters of Swan Telecom Vinod Goneka and Shahid Usman Balwa; and their colleagues Asif Balwa and Rajeev Aggarwal.
May 25, 2012 at 10:41 | Source: Livemint.com
Besides Raja, the other accused in the 2G scam are, Raja's former private secretary R K Chandolia, former Telecom Secretary Siddharth Behura, Unitech Ltd MD Sanjay Chandra, Swan Telecom promoters Vinod Goenka and Shahid Usman Balwa and Reliance Anil ...
May 11, 2012 at 09:46 | Source: Deccan Herald
Telenor's Indian unit, Unitech Wireless Ltd., is facing the risk of closing down its operations unless it gets radio bandwidth reallocated. The Supreme Court of India, which had revoked the telecom licenses of Unitech Wireless and several other companies ...
May 14, 2012 at 13:18 | Source: 4-traders (press release)