Live
- They always want me to win, and now I feel lucky to have been offered a story like ‘Zebra’: Satyadev Kancharana
- ‘Democracy first, humanity first’: PM Modi in Guyana's parliament on two countries' similarities
- PKL Season 11: Telugu Titans register third straight win to top standings
- Is Pollution Contributing to Your COPD?
- NASA Unveils Underwater Robots for Exploring Jupiter's Moons
- Additional Central forces arrive in violence-hit Manipur
- AR Rahman and Saira Banu’s Divorce: Legal Insights into Common Issues in Bollywood Marriages
- 82.7 pc work completed in HPCL Rajasthan Refinery area: official
- Curfew relaxation extended in 5 Manipur districts on Friday
- Tab scam prompts Bengal govt to adopt caution over fund disbursement
HC orders Telangana govt to pay Rs 660 cr to Unitech in four weeks
The state apex court on Thursday passed orders to the Telangana government and the state infrastructure corporation TSIIC to pay Rs 660 crore to Unitech including the interest in four weeks
The state apex court on Thursday passed orders to the Telangana government and the state infrastructure corporation (TSIIC) to pay Rs 660 crore to Unitech including the interest in four weeks.
Justice MS Ramachandra Rao also told the government to recover the amount from AP government and its industrial infrastructure corporation (APIIC) under section 53 or 47 of AP Reorganisation Act, 2014.
Unitech paid Rs 165 crore to erstwhile Andhra Pradesh in 2007 to develop an integrated township project and aerospace park in 350 acres at Saroornagar.
However, the project was stopped after a dispute over the land arose between the government and private parties. The government also lost the case in the court but failed to refund the money back to Unitech.
And as the state was bifurcated in 2014, the issue stood still by then.
