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Court Slams CBI for 'Fabricating' Charges Against Accused in a 2G Case, Orders Inquiry
In a major embarrassment to the CBI, a special court today discharged a former top bureaucrat and three telecom firms in the 2002 additional spectrum scam, saying the agency had filed a "false and fabricated" chargesheet against the accused.
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Bharti Airtel, Idea Cellular Rebound after Friday's Fall
Bharti Airtel will pay around Rs 29,100 crore towards renewal of spectrum in six circles and three additional circles, which were not due for renewal providing it with pan-India footprint for 3G services.
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Bharti Airtel, Idea Fall on Higher Spectrum Auction Price
Analysts say higher auction price for nationwide spectrum is likely to put additional burden on the balance sheet on mobile carriers, which are already indebted heavily. High interest costs have also impacted margins for most telecom operators, analysts say.
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Sunil Mittal, Ravikant Ruia Not to Face Trial in 2G Case, Says Supreme Court
The Supreme Court today said that Sunil Bharti Mittal, the chairman and managing director of Bharti Cellular Ltd and Ravi Ruia, the promoter of Essar Group, will not face trial in a case of allocation of additional spectrum.
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Supreme Court Verdict on Sunil Mittal, Ravi Ruia's Trial in 2G Spectrum Case Today
The Supreme Court will decide tomorrow whether Sunil Bharti Mittal, the chairman and managing director of Bharti Cellular Ltd and Ravi Ruia, the promoter of Essar Group, will face trial in the additional spectrum case.
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Court to hear pleas by Mittal, Ruia in additional spectrum case on April 4: report
A Delhi court on Thursday fixed for April 4 the hearing in the additional spectrum case, in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused.
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CAG blames telcos' cartelisation behind flop spectrum auction
The CAG said that declining to participate in auction negated their telecom operators position of seeking additional spectrum.
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2G case: New bench to hear Sunil Mittal, Ravi Ruia's plea in Supreme Court on Thursday
After the recusal of two judges, a new bench has been constituted in the Supreme Court to hear the petitions of Bharti Cellular Ltd chairman and managing director Sunil Bharti Mittal and Essar Group promoter Ravi Ruia in a case of alleged irregularities related to allocation of additional 2G spectrum in 2002.
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Court adjourns additional 2G spectrum allocation case to April 29
A Delhi court today fixed April 29 for hearing the matter in additional 2G spectrum allocation case in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused.
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2G case: Supreme Court defers proceedings against Ravi Ruia in CBI court
The Supreme Court today postponed till April 16 the proceedings in the Special CBI court against Essar Group promoter Ravi Ruia, who has been summoned as an accused in a corruption case related to allocation of additional 2G spectrum in 2002.
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Ravi Ruia moves Supreme Court challenging CBI court's summoning order
A day after Sunil Bharti Mittal, CMD of Bharti Cellular Ltd, got a temporary relief in a graft case related to allocation of additional 2G spectrum in 2002, Essar Group promoter Ravi Ruia also moved the Supreme Court challenging the special CBI court's order summoning him as an accused in the case.
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2G case: Court pulls up CBI for not naming corporate honchos in chargesheet
A Delhi court on Friday grilled the CBI for only -blaming- government servants and not naming any company officials in connection with the charge sheet against Airtel, Vodafone and other telecom operators for alleged irregularities in the allocation of additional spectrum to them during NDA regime.
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Court to consider charge sheet in telecom scam on February 11
A Delhi court today fixed February 11 for considering taking cognisance of charge sheet filed against Airtel, Vodafone and others for alleged irregularities in allocation of additional spectrum to them during the NDA regime.
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Bharti Airtel, Idea shares correct on poor response to 2G auction
Shares in Bharti Airtel traded at the top of the 50-share Nifty benchmark on Monday. Bharti, India's biggest mobile carrier is participating in the 2G spectrum auction, already underway today, to buy additional airwaves frequencies. Bharti can bid for a maximum of two blocks in a telecom area.
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Court Slams CBI for 'Fabricating' Charges Against Accused in a 2G Case, Orders Inquiry
In a major embarrassment to the CBI, a special court today discharged a former top bureaucrat and three telecom firms in the 2002 additional spectrum scam, saying the agency had filed a "false and fabricated" chargesheet against the accused.
-
Bharti Airtel, Idea Cellular Rebound after Friday's Fall
Bharti Airtel will pay around Rs 29,100 crore towards renewal of spectrum in six circles and three additional circles, which were not due for renewal providing it with pan-India footprint for 3G services.
-
Bharti Airtel, Idea Fall on Higher Spectrum Auction Price
Analysts say higher auction price for nationwide spectrum is likely to put additional burden on the balance sheet on mobile carriers, which are already indebted heavily. High interest costs have also impacted margins for most telecom operators, analysts say.
-
Sunil Mittal, Ravikant Ruia Not to Face Trial in 2G Case, Says Supreme Court
The Supreme Court today said that Sunil Bharti Mittal, the chairman and managing director of Bharti Cellular Ltd and Ravi Ruia, the promoter of Essar Group, will not face trial in a case of allocation of additional spectrum.
-
Supreme Court Verdict on Sunil Mittal, Ravi Ruia's Trial in 2G Spectrum Case Today
The Supreme Court will decide tomorrow whether Sunil Bharti Mittal, the chairman and managing director of Bharti Cellular Ltd and Ravi Ruia, the promoter of Essar Group, will face trial in the additional spectrum case.
-
Court to hear pleas by Mittal, Ruia in additional spectrum case on April 4: report
A Delhi court on Thursday fixed for April 4 the hearing in the additional spectrum case, in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused.
-
CAG blames telcos' cartelisation behind flop spectrum auction
The CAG said that declining to participate in auction negated their telecom operators position of seeking additional spectrum.
-
2G case: New bench to hear Sunil Mittal, Ravi Ruia's plea in Supreme Court on Thursday
After the recusal of two judges, a new bench has been constituted in the Supreme Court to hear the petitions of Bharti Cellular Ltd chairman and managing director Sunil Bharti Mittal and Essar Group promoter Ravi Ruia in a case of alleged irregularities related to allocation of additional 2G spectrum in 2002.
-
Court adjourns additional 2G spectrum allocation case to April 29
A Delhi court today fixed April 29 for hearing the matter in additional 2G spectrum allocation case in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused.
-
2G case: Supreme Court defers proceedings against Ravi Ruia in CBI court
The Supreme Court today postponed till April 16 the proceedings in the Special CBI court against Essar Group promoter Ravi Ruia, who has been summoned as an accused in a corruption case related to allocation of additional 2G spectrum in 2002.
-
Ravi Ruia moves Supreme Court challenging CBI court's summoning order
A day after Sunil Bharti Mittal, CMD of Bharti Cellular Ltd, got a temporary relief in a graft case related to allocation of additional 2G spectrum in 2002, Essar Group promoter Ravi Ruia also moved the Supreme Court challenging the special CBI court's order summoning him as an accused in the case.
-
2G case: Court pulls up CBI for not naming corporate honchos in chargesheet
A Delhi court on Friday grilled the CBI for only -blaming- government servants and not naming any company officials in connection with the charge sheet against Airtel, Vodafone and other telecom operators for alleged irregularities in the allocation of additional spectrum to them during NDA regime.
-
Court to consider charge sheet in telecom scam on February 11
A Delhi court today fixed February 11 for considering taking cognisance of charge sheet filed against Airtel, Vodafone and others for alleged irregularities in allocation of additional spectrum to them during the NDA regime.
-
Bharti Airtel, Idea shares correct on poor response to 2G auction
Shares in Bharti Airtel traded at the top of the 50-share Nifty benchmark on Monday. Bharti, India's biggest mobile carrier is participating in the 2G spectrum auction, already underway today, to buy additional airwaves frequencies. Bharti can bid for a maximum of two blocks in a telecom area.
