Live
- Chhath Puja Essentials 2024: A Complete Guide to Worship the Sun God
- Chhath Puja 2024 Fasting Guide: Essential Dos and Don’ts for a Safe and Meaningful Fast
- Xiaomi India President Muralikrishnan moves on, COO Mathur to guide key functions
- Chhath Puja 2024: Nahay Khay Date, Rituals, and Important Guidelines
- Rajasthan signs 2 MoUs in hospitality sector with Saudi Arabia-based firms
- Blow for BJP as Gavit quits to contest as Independent from Akkalkuwa
- EC approves Sanjay Kumar Verma’s appointment as new Maharashtra DGP
- Weather update: Light to Moderate Rain Predicted Across AP for next three days
- We can stay on top of KL Rahul for the majority of the summer: Boland
- 'Don't want to contest any more elections': Sharad Pawar says he wants to hang up boots
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.
