Unitech to raise $1 bn for hotel, retail projects

Unitech, the country's second-largest property developer, is planning to raise nearly $1 billion (Rs 4,200 crore) in the current financial year from private equity players for its hotel, commercial......

RBI plans norms for PSU banks for private equity

The Reserve Bank of India is formulating guidelines that would allow government-owned banks get into the private equitybusiness. "The guidelines are almost ready," said a person familiar with......

Realtors hope for sunny 2022 with better sales

India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. Illustration: Dominic Xavier/Rediff.com The performance, though short of......

Radia Tremor: How Unitech got entangled in the tapes

With the managing director out on bail & being questioned in relation to the 2G spectrum scam, the company is still not out of the mess. When real estate major Unitech forayed into wireless......