2G case: Promoters of Loop Telecom Ltd face court's ire

Last Updated: Monday, August 3, 2015, 22:46

Promoters of Loop Telecom Ltd Monday faced the ire of special 2G court for allegedly concealing the fact regarding change of official liquidator, dealing with the issue of winding up of Loop Mobile India Ltd, with the judge warning that their bail could be cancelled for such an act.

Ex-UBS, Citigroup trader convicted in UK of Libor rigging

Last Updated: Monday, August 3, 2015, 20:40

A trader who worked for UBS and Citigroup on Monday became the first person to be convicted by a jury in Britain of rigging the benchmark Libor inter-bank lending rate.

Louis Berger case: Former India head Satyakam Mohanty arrested

Last Updated: Monday, August 3, 2015, 16:53

Louis Berger group`s former vice president Satyakam Mohanty was arrested here on Monday by the Crime Branch for paying off Goa politicians and officials in 2010 while he was serving as the head of the international consultancy firm in India.

2G case: Court to resume hearing final arguments from Aug 4

Last Updated: Thursday, July 30, 2015, 19:47

A special court would resume from August 4 the final arguments in the 2G spectrum allocation scam case in which former Telecom Minister A Raja, DMK MP Kanimozhi and 15 others are facing trial.

Call drops: Unfair to only blame telcos, says Assocham

Last Updated: Thursday, July 30, 2015, 14:20

"...It is unfair to put the blame on the operators only, since many of the critical factors causing the problem are not within the control of the telecom industry," Assocham said.

Rs 200-crore illegal gratification transferred to KTV: ED to court

Last Updated: Monday, July 27, 2015, 22:01

Enforcement Directorate (ED) on Monday told a special court that Rs 200 crore "illegal gratification" was transferred to DMK-run Kalaignar TV by DB group firm through a "circuitous route" in return for grant of 2G telecom spectrum to Swan Telecom by former Telecom Minister A Raja.

Can't adjourn 2G case due to Delhi HC circular on strike: Court

Last Updated: Monday, July 27, 2015, 21:35

A special court on Monday said that in the wake of the Delhi High Court circular that no adjournment will be given owing to lawyers strike in 2G telecom spectrum allocation scam case in which former Telecom Minister A Raja, DMK MP Kanimozhi and 15 others are facing trial.

No legal case filed before consumer court against Nestle: Govt

Last Updated: Friday, July 24, 2015, 20:29

Weeks after regulatory action forced Nestle to pull out popular snack Maggi, the government Friday said it has not filed any legal case before National Consumer Dispute Redressal Commission (NCDRC) against the Swiss food maker for alleged sale of sub-standard items.

Additional spectrum case: Court dismisses pleas on jurisdiction

Last Updated: Thursday, July 23, 2015, 21:57

A special 2G court Thursday dismissed the "frivolous" pleas of two telecom firms, chargesheeted in the 2002 additional spectrum allocation case, challenging its jurisdiction to deal with the matter, saying the grounds taken were nothing but an exercise in "taxonomical absurdity".

SpiceJet says no default on TDS obligations

Last Updated: Wednesday, July 22, 2015, 21:55

With a Delhi court summoning SpiceJet and its former executives in income tax cases, the budget carrier Wednesday said it has not defaulted on any tax-deducted at source (TDS) obligations.

Illegal telephone exchange case: CBI seeks cancellation of Maran's interim pre-arrest bail

Last Updated: Thursday, July 16, 2015, 21:22

CBI on Thursday filed a petition in the Madras High Court seeking cancellation of the interim anticipatory bail granted to former Telecom Minister Dayanidhi Maran in the alleged illegal telephone exchange case.

CBI moves Madras HC seeking cancellation of Maran's anticipatory bail

Last Updated: Thursday, July 16, 2015, 20:39

The CBI on Thursday moved Madras High Court for cancellation of anticipatory bail given to former Telecom Minister Dayanidhi Maran in illegal telephone exchange case.