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thousand home buyers. The court has also directed the government to investigate the matter from various agencies including the
Enforcement Directorate (ED) after Unitech and its directors revealed that thousands of crores of flat buyers had been diverted by the forensic report. The court has also flatly refused to grant bail to Unitech directors Chandra brothers, the apex court has asked the government to appoint the current directors of Unitech as independent directors.
317:, Dr. S. P. Shrivastava, Dr. P K Mohanti, Dr. Ramesh Kapur and Dr. Bahri originally formed as United Technical Consultant Private Ltd in 1972 as a soil investigation company. They later moved into civil engineering contracts in 1974. The company began to enter into real estate in 1986, and started to increase focus on real estate in 2000. Few year back, it was India's second-largest listed real estate firm.
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348:'s pressure to do so, followed by news of Unitech's settlement of issues by agreeing to sell its entire stake in the Unitech Wireless to shift the business to a new entity owned by the former almost 1 year later and then Telenor shifted the erstwhile United Wireless' entire assets into a newly formed
399:
Authority has cancelled the allotment of a group housing property to crisis-hit realtor
Unitech over non-payment of dues worth Rs 1,203 crore. In December 2019, the apex court has asked the central government to take over the management of the company, Keeping in mind the interests of about 30
384:. It is alleged that they were able to attain 2G licenses by bribing officials in the Indian Government even though they didn't have any previous telecom experience. As a fallout of this they had a total of 22 licenses cancelled by virtue of a court order, and their Managing Director
371:
In 2021, the
Enforcement Directorate filed a criminal case against Unitech Limited under suspicion that the organization had illegally diverted Rs 2,000 crore to tax havens. Another 2023 criminal fraud case was filed by the ED against the organization and its directors.
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magazine, 32nd in India. Its construction business includes highways, roads, powerhouses, transmission lines, and it has residential projects called
Unitech Cities/Uni World, in cities like Mumbai, Delhi,
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In March 2017, Sanjay
Chandra, who had been out on bail in the 2G case, and brother Ajay were arrested by the Economic Offences Wing of the Delhi Police for allegedly duping home-buyers in a
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named
Lakshdeep Investments & Finance Pvt. Ltd. and rest of the 74% owned by Telenor directly, thus sealing the end of Unitech's presence into
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305:, Chennai, Hyderabad, Mohali, Bangalore, Kochi, Noida, Greater Noida, Agra, Lucknow, Varanasi, Gurgaon, and Ghaziabad.
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to create
Unitech Wireless Ltd., in August 2009, it secured a 50 billion rupee ($ 1 billion) loan from
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340:(explained below), the company got involved in a public spat due to which its Chairman
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After ending its telecom joint venture Uninor with
Unitech, Norway's Telenor...
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Entered into Civil
Engineering Projects into Libya in 1978, 20 August 2001.
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Unitech Ltd (UNTE.BO), India's second-largest listed real estate firm..."
281:, and once claimed to be the largest real estate builder in the country.
418:"Yudvir Singh Malik appointed Unitech's CMD after govt supersedes board"
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Sanjay
Chandra, who is in judicial custody for alleged involvement...
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Supreme Court mandated Claim Submission Portal for Unitech Buyers
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Construction and civil engineering companies established in 1972
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659:"Unitech settles disputes with Telenor, to sell stake in Uninor"
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Realty firm Unitech on Thursday said it has amicably settled...
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project. Till date both are in jail. On October 21, 2019, The
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486:. Offplanpropertyexchange.com. 8 January 2009. Archived from
484:"Three new schemes for Indian property investment developer"
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Unitech had formed a large joint venture with Norway-based
292:
listing of the top 2000 public companies in the world by
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Companies listed on the National Stock Exchange of India
811:"SC orders government to take over Unitech management"
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Construction and civil engineering companies of India
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Telewings Communications Services Pvt. Ltd., another
617:"India Unitech Wireless gets $ 1 bln loan from SBI"
510:"India Unitech Wireless gets $ 1 bln loan from SBI"
368:so far, only after 15 days since last development.
328:(SBI.BO) to fund its mobile phone network rollout.
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638:"Sanjay Chandra quits as Uninor chairman: Sources"
703:"Unitech ex-promoters get bail from Delhi court"
380:Unitech Wireless is one of the accused in the
860:Companies listed on the Bombay Stock Exchange
573:"Unitech: Building on a diversified strategy"
8:
786:"The Story Of Unitech Empire: Rise And Fall"
680:"Telenor signs Lakshdeep as its new partner"
438:"Unitech Group consolidated financials 2023"
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870:Real estate companies established in 1972
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905:Indian companies established in 1972
277:investment company headquartered in
557:Unitech supremo: A reluctant tycoon
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527:Special Report:Forbes Global 2000
468:The New Mantra for Reality sector
360:which 26% stake was owned by an
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880:Real estate companies of India
244:(US$ −140 million) (FY23)
198:(US$ −330 million) (FY23)
16:Real estate investment company
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747:"Cancellation of 2G licenses"
221:(US$ 3.2 billion) (FY23)
175:(US$ 6.4 million) (FY23)
885:Companies based in New Delhi
152:(US$ 59 million) (FY23)
544:India's Business Directory.
532:, The Global 2000. 04.02.08
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354:majority-owned subsidiary
26:
593:Cyber India Online Ltd.
284:The company is based in
338:2G-spectrum controversy
313:Founded by 5 partners,
890:Economy of West Bengal
344:al while on bail over
840:Unitech Group website
597:. Voicendata.ciol.com
542:Unitech Group Profile
767:"Accused in 2G Scam"
644:. 26 November 2011.
336:In 2011, due to the
133:, Executive chairman
688:. 26 October 2012.
665:. 11 October 2012.
326:State Bank of India
288:and ranks 1484, in
250:Number of employees
23:
817:. 22 December 2019
773:. 22 October 2011.
755:. 2 February 2012.
729:"What is 2G scam?"
707:The Indian Express
623:. 18 August 2009.
560:The Economic Times
471:The Economic Times
426:. 21 January 2020.
366:telecommunications
290:Forbes Global 2000
790:www.proptiger.com
709:. 27 January 2024
578:Financial Express
516:. 18 August 2009.
423:Business Standard
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895:2G spectrum case
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271:Unitech Limited
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22:Unitech Group
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819:. Retrieved
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488:the original
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450:23 September
448:. Retrieved
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332:Prosecutions
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228:Total equity
205:Total assets
150:491.95 crore
107:Headquarters
36:Company type
18:
821:24 December
795:24 December
713:11 February
642:NDTV Profit
601:23 November
494:23 November
303:Bhubaneswar
275:real estate
254:400+ (2021)
173:53.61 crore
83:Real estate
854:Categories
815:News Track
404:References
182:Net income
126:Key people
752:The Hindu
685:The Hindu
286:New Delhi
279:New Delhi
112:New Delhi
48:Traded as
393:Gurugram
79:Industry
663:IBNLive
621:Reuters
514:Reuters
445:Unitech
352:as its
346:Telenor
309:History
299:Kolkata
259:Website
138:Revenue
97:Founder
89:Founded
70:UNITECH
68::
59::
530:Forbes
294:Forbes
61:507878
40:Public
441:(PDF)
397:Noida
118:India
823:2019
797:2019
771:NDTV
733:NDTV
715:2024
603:2010
496:2010
452:2023
92:1972
66:NSE
57:BSE
856::
813:.
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240:₹
217:₹
194:₹
171:₹
148:₹
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