According to latest news, the Supreme Court will today deliver the verdict on the plea made by the Janta Party president Subramanian Swamy for CBI probe against the involvement of Union Finance minister P Chidambaram in the 2G Spectrum case.
Further, bench of Justices G.S. Singhvi and K.S. Radhakrishnan reserved orders after hearing counsel for various parties. Read more
Taking a step to bearing its all losses due to cancellation of 2G licences, Loop Telecom on Tuesday approached the telecom sector’s tribunal TDSAT, seeking refund of total 4,700 crore from the government and TRAI regulator.
The refunded amount includes Rs. 1,454 crore as entry fee paid while in 2008 obtaining 21 telecom licence issued by former telecoms minister A Raja. Read more
The fresh news, a special CBI court on Friday produced the bail to all five businessmen who were allegedly charged of criminal conspiracy to cheat the government in connection with a case arising out of the 2G spectrum licensing scandal.
Five business men are- billionaire Ravi Ruia and Anshuman Ruia from the Essar group, Loop Telecom’s I P Khaitan and Kiran Khaitan and Essar group director Vikash Saraf. Read more
Being accused for 15 months, a long period of passing in jail in 2G spectrum allocation scam case, Former telecom minister A Raja, on Tuesday ready to walk on the street of public as special Central Bureau of Investigation (CBI) court granted his bail and after few hours freed him from Tihar Jail.
CBI court’s judge O P Saini granted bail of Raja on a surety of Rs 25 lakh and would not try to influence any witnesses while on bail. Along with this, court also restricted his entry in Tamil Nadu without court’s permission and also directed not to visit the office of the Department of Telecom (DoT). Read more
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