Essar personnel exercised control in Loop Telecom Ltd: CBI

Last Updated: Wednesday, August 5, 2015, 18:16

CBI Wednesday told a special court that Essar group offficials were exercising control in Loop Telecom Ltd (LTL), a "front company", to bag 2G spectrum licences in violation of a provision under the Unified Access Services Licences (UASL) guidelines.

Essar created 'corporate veil' to conceal holding in Loop: CBI

Last Updated: Thursday, July 2, 2015, 17:51

Special public prosecutor Anand Grover said the money in entire transactions was transferred through various entities and most of it came from Essar Group companies, especially accused firm Essar Tele Holding Ltd (ETHL).

Transactions involving Loop Telecom funded by Essar: CBI

Last Updated: Wednesday, July 1, 2015, 17:17

Continuing final arguments in the case arising out of the investigation in 2G spectrum allocation scam, Special Public Prosecutor Anand Grover said as per the documents on record, the money trail originated from various firms of Essar Group.

Documents filed by Ravi Ruia appear to be "suspect": Court

Last Updated: Wednesday, June 10, 2015, 18:19

Essar Group promoter Ravi Ruia has faced the ire of the special 2G court which dismissed his plea seeking permission to travel abroad noting that the documents attached with his application appeared to be "suspect" and he was apparently "hiding appropriate facts".

Court pulls up Anshuman Ruia, denies permission to go abroad

Last Updated: Monday, June 8, 2015, 15:22

Essar Group promoter Anshuman Ruia, facing trial along with others in a case arising out of the 2G scam probe, has been denied permission to travel abroad with a special court rapping him for "wasting" its time by submitting "obscure" documents.

Essar Steel back in black; posts profit of Rs 684 cr in FY15

Last Updated: Wednesday, May 27, 2015, 19:35

Ruias-promoted Essar Steel Wednesday posted a net profit of Rs 684 crore for the full fiscal ended March 31, helped by better operating margins, consolidation and higher demand for its value added steel products.

Special court allows Ravi Ruia to travel abroad

Last Updated: Monday, May 25, 2015, 21:32

Essar Group promoter Ravi Ruia, facing trial in a case arising out of the probe into the 2G spectrum scam, was Monday allowed to travel abroad by a special court, which also cautioned him to "desist" from filing frequent applications in this regard.

Essar pulls out of race to buy Nokia's Chennai mobile plant

Last Updated: Thursday, May 21, 2015, 13:14

Nokia's Chennai plant is under freeze over an estimated Rs 10,000 crore tax dispute with the Income Tax department.

Govt transfers forest clearance from earlier allotee to Essar

Last Updated: Wednesday, May 20, 2015, 18:33

Essar Power need not apply for fresh forest clearances for captive coal mines in Jharkhand as the government has transferred to it the approvals granted to the earlier allotee.

Essar Group was in touch with ex-finance minister: NGO to SC

Last Updated: Thursday, May 14, 2015, 23:23

Essar Group was allegedly in touch with the then Finance Minister over the issue of Group of Ministers (GoM) constituted by the erstwhile UPA government for clearances on coal allocation issues, an NGO has said in a PIL before the Supreme Court.