Unitech Group

Unitech's UCP shortlists 6 bidders for Gurgaon IT SEZ

UPC, a Unitech group firm listed in London has short-listed six bidders including the likes of General Insurance Company (GIC), Blackstone, Dishman Pharma, Mapletree and Canadian Pension Fund for Gurgaon IT SEZ.

Unitech group co UCP plans to sell IT SEZ for Rs 2,800 cr

Unitech Corporate Parks, a Unitech group firm listed in London, is planning to sell its IT Special economic Zone (SEZ) in Gurgaon comprising about 3.5 million sq ft of office space for about Rs 2,800 crore.

Unitech plans to raise Rs 1200 crore from Gurgaon land sale

The Gurgaon IT SEZ will fetch Unitech Corporate Parks around Rs 3,000 crore, of which Unitech will get Rs 1,100-1,200 crore on account of the fact that it owns 40 percent in UCP

HC modifies CLB order on Telenor-Unitech row

The Delhi High Court today modified a Company Law Board (CLB) order and allowed Uninor to receive till August 8 the expressions of interest (EoI) from bidders interested in purchasing the telecom major, a joint venture of Norwegian firm Telenor and Unitech Group.

Unitech drags foreign partner Telenor to CLB

Real estate major Unitech Group has dragged its telecom parter Telenor to the CLB alleging mismanagement in operations of the joint venture by the Norwegian partner, giving another twist to the already strained relation between them.

Deck cleared for Uninor to raise funds through rights issue

New telecom operator Uninor today said the Punjab and Haryana High Court has cleared the way for the firm to raise up to Rs 6,500 crore through a right issue.

Hope to solve dispute over Uninor rights issue soon:Telenor

Unable to secure long-term loans from Indian banks, Norway's Telenor hopes to reach a consensus on a Rs 6,500 rights issue with its Indian partner in joint venture Unitech Wireless, which offers telecom services under the brand name Uninor, within a month.