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Aircel Maxis Probe: Supreme Court Asks CBI, What Is Taking So Long?
The Supreme Court has given the Central Bureau of Investigation and the Enforcement Directorate, a six-month deadline to complete the investigations into the cases linked to the 2G scam, including the Aircel-Maxis deal.
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How The Collapse Of CBI's 2G Case Could Be Linked To 2 Officers
When Judge OP Saini acquitted the 17 politicians including former Telecom Minister A Raja and corporate executives in India's biggest corruption scandal, he squarely blamed the prosecution for "miserably" failing to prove any charge. The judge's scathing criticism had triggered questions how a case probed by the country's premier Central Bureau of ...
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Karti Chidambaram, Summoned For Questioning, Wants More Time
ED has issued summons to Karti Chidambaram, son of former Finance Minister P Chidamabram, in connection with its money laundering probe in the Aircel-Maxis deal of the 2G scam.
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Karti Chidambaram's Office Searched By Enforcement Directorate
The office of Karti Chidambaram, son of former finance minister P Chidambaram, was searched today in Chennai by the Enforcement Directorate, which is investigating allegations of money-laundering linked to the 2G spectrum case.
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BJP Attacks Congress Over Corruption, Targets P Chidambaram
With the Rajya Sabha witnessing frequent disruption by the Congress, BJP today tore into it over alleged involvement of its leaders in corruption cases and also questioned former Finance Minister P Chidambram's role in 2G scam, raking up recent Enforcement Directorate (ED) raids at firms linked to his son.
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2G Case: Money-Laundering Charges Framed Against A Raja, Kanimozhi
Charges have been framed against former telecom minister A Raja, DMK parliamentarian Kanimozhi and her stepmother Dayalu Ammal in a money-laundering case linked to the 2G scam.
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Why is only some spectrum, not all, being auctioned: Supreme Court to government
The Supreme Court has asked the government to explain why it is not auctioning all the spectrum that was linked to 122 mobile network licenses cancelled in February this year. The auction is scheduled for November 12.
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2G spectrum scam: RAW informs CBI of hawala transactions
The CBI has started a probe into the hawala transactions allegedly linked to former Telecom Minister A Raja with the belief that a possible money trail could be unearthed in the spectrum allocation scam it was probing.
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DB Realty Group's Director N Shridhar resigns
With effect from yesterday, he has resigned from the services of the company citing health and personal reasons. One of the firms linked to the 2G spectrum scam, it has seen many resignations ever since the scandal broke out.
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Don't link Sibal-Ambani controversy to 2G scam: Supreme Court
The Supreme Court today refused to accept a petition against Kapil Sibal that accuses the Telecom Minister of bending the rules to favour Anil Ambani and his Reliance Communications (RCom). The court did not comment on the merits of the allegations - it has for now only said that they cannot be linked to the 2G telecom scam that is bei...
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TRAI report on linking 2G price to 3G in 2-3 weeks
Telecom regulator TRAI today said it would give recommendations on one-time charge for extra 2G spectrum held by operators and linking it with the 3G prices, in two-three weeks. TRAI had proposed the process for linking 3G spectrum price with 2G spectrum in order to give level playing field to all operators. "When we gave our recommendati...
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Nifty ends above 5900; 2G linked stocks decline
The markets have begun the week on a strong note with the NSE benchmark Nifty closing above the psychological 5,900 mark. The Sensex rose 281 points to 19,701 while the Nifty advanced 82 points to 5,908. The markets have witnessed a terrific rally in the last fortnight. Banking and IT stocks have been on the forefront of this rally. IT...
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Sensex up on IT stocks, 2G linked firms fall
The Indian markets have opened on a strong note. The Sensex rose 75 points to 19,495 while the Nifty advanced 19 points to 5,845 at 9.46 am. IT stocks were the top gainers in early trade. Infosys rose 1.74 per cent, Wipro advanced 1.71 per cent and TCS was trading 1.49 per cent higher. Reliance Communications was the top loser on the S...
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Sensex snaps 5-day rally; 2G linked stocks tank
The markets have closed lower snapping the five day winning streak. The Sensex fell 295 points to 18,211 and the Nifty declined 87 points to end at 5,458. Analysts said the decline suggested that the five day rally was a pullback and lacked inherent strength. The Sensex had gained more than 1,000 points in the last five sessions on the back...
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CBI to approach CLB on links between R-Comm, Swan in 2G scam
The Central Bureau of Investigation (CBI) will soon approach the Company Law Board to look into the association between Reliance Group and Swan Telecom in the 2G spectrum scam. The Comptroller and Auditor General (CAG) had earlier said in a report that Swan Telecom, which got 2G licences, appeared to be acting as a front company for Relianc...
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Aircel Maxis Probe: Supreme Court Asks CBI, What Is Taking So Long?
The Supreme Court has given the Central Bureau of Investigation and the Enforcement Directorate, a six-month deadline to complete the investigations into the cases linked to the 2G scam, including the Aircel-Maxis deal.
-
How The Collapse Of CBI's 2G Case Could Be Linked To 2 Officers
When Judge OP Saini acquitted the 17 politicians including former Telecom Minister A Raja and corporate executives in India's biggest corruption scandal, he squarely blamed the prosecution for "miserably" failing to prove any charge. The judge's scathing criticism had triggered questions how a case probed by the country's premier Central Bureau of ...
-
Karti Chidambaram, Summoned For Questioning, Wants More Time
ED has issued summons to Karti Chidambaram, son of former Finance Minister P Chidamabram, in connection with its money laundering probe in the Aircel-Maxis deal of the 2G scam.
-
Karti Chidambaram's Office Searched By Enforcement Directorate
The office of Karti Chidambaram, son of former finance minister P Chidambaram, was searched today in Chennai by the Enforcement Directorate, which is investigating allegations of money-laundering linked to the 2G spectrum case.
-
BJP Attacks Congress Over Corruption, Targets P Chidambaram
With the Rajya Sabha witnessing frequent disruption by the Congress, BJP today tore into it over alleged involvement of its leaders in corruption cases and also questioned former Finance Minister P Chidambram's role in 2G scam, raking up recent Enforcement Directorate (ED) raids at firms linked to his son.
-
2G Case: Money-Laundering Charges Framed Against A Raja, Kanimozhi
Charges have been framed against former telecom minister A Raja, DMK parliamentarian Kanimozhi and her stepmother Dayalu Ammal in a money-laundering case linked to the 2G scam.
-
Why is only some spectrum, not all, being auctioned: Supreme Court to government
The Supreme Court has asked the government to explain why it is not auctioning all the spectrum that was linked to 122 mobile network licenses cancelled in February this year. The auction is scheduled for November 12.
-
2G spectrum scam: RAW informs CBI of hawala transactions
The CBI has started a probe into the hawala transactions allegedly linked to former Telecom Minister A Raja with the belief that a possible money trail could be unearthed in the spectrum allocation scam it was probing.
-
DB Realty Group's Director N Shridhar resigns
With effect from yesterday, he has resigned from the services of the company citing health and personal reasons. One of the firms linked to the 2G spectrum scam, it has seen many resignations ever since the scandal broke out.
-
Don't link Sibal-Ambani controversy to 2G scam: Supreme Court
The Supreme Court today refused to accept a petition against Kapil Sibal that accuses the Telecom Minister of bending the rules to favour Anil Ambani and his Reliance Communications (RCom). The court did not comment on the merits of the allegations - it has for now only said that they cannot be linked to the 2G telecom scam that is bei...
-
TRAI report on linking 2G price to 3G in 2-3 weeks
Telecom regulator TRAI today said it would give recommendations on one-time charge for extra 2G spectrum held by operators and linking it with the 3G prices, in two-three weeks. TRAI had proposed the process for linking 3G spectrum price with 2G spectrum in order to give level playing field to all operators. "When we gave our recommendati...
-
Nifty ends above 5900; 2G linked stocks decline
The markets have begun the week on a strong note with the NSE benchmark Nifty closing above the psychological 5,900 mark. The Sensex rose 281 points to 19,701 while the Nifty advanced 82 points to 5,908. The markets have witnessed a terrific rally in the last fortnight. Banking and IT stocks have been on the forefront of this rally. IT...
-
Sensex up on IT stocks, 2G linked firms fall
The Indian markets have opened on a strong note. The Sensex rose 75 points to 19,495 while the Nifty advanced 19 points to 5,845 at 9.46 am. IT stocks were the top gainers in early trade. Infosys rose 1.74 per cent, Wipro advanced 1.71 per cent and TCS was trading 1.49 per cent higher. Reliance Communications was the top loser on the S...
-
Sensex snaps 5-day rally; 2G linked stocks tank
The markets have closed lower snapping the five day winning streak. The Sensex fell 295 points to 18,211 and the Nifty declined 87 points to end at 5,458. Analysts said the decline suggested that the five day rally was a pullback and lacked inherent strength. The Sensex had gained more than 1,000 points in the last five sessions on the back...
-
CBI to approach CLB on links between R-Comm, Swan in 2G scam
The Central Bureau of Investigation (CBI) will soon approach the Company Law Board to look into the association between Reliance Group and Swan Telecom in the 2G spectrum scam. The Comptroller and Auditor General (CAG) had earlier said in a report that Swan Telecom, which got 2G licences, appeared to be acting as a front company for Relianc...
