In relief for homebuyers, govt to take over Unitech

In a major relief to around 30,000 homebuyers, the Centre agreed to take over troubled real estate giant Unitech to streamline the management of the company which is in a financial mess caused by siphoning off of more than 50% of money deposited by individuals and financial institutions.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/38sekcr