Tag: Market Capitalization

Unitech in talks with PEs to raise $500 m via debt issue

December 23, 2008 – 11:42 pm

Unitech is planning to raise $300-500 million through an issue of convertible debt instruments to multiple private equity investors. According to a person with direct direct knowledge of the company’s plan, Unitech, which is desperately looking for a cash infusion to repay a debt of Rs 2,700 crore in three months, is holding negotiations with […]

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Unitech In Search Of Telecom Ally

June 3, 2008 – 12:53 am

Real estate giant Unitech Limited is likely to finalize by the end of June the entity which will pick up a 25-30 % stake in its new telecom venture. The country’s second largest real estate developer by market capitalization, which has been awarded start up spectrum in five telecom circles, will open next week the […]

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