2G scam: RTL moves HC seeks quashing of criminal proceedings

Last Updated: Monday, October 24, 2011, 22:02

Reliance Telecom Ltd (RTL) on Monday moved the Delhi High Court seeking quashing of charges in the 2G spectrum allocation scam, saying it never held stakes in excess of 9.9 percent in Swan Telecom and that too was divested prior to grant of licenses in 2008.

A Raja favoured RTL, Swan, Unitech over Tata: Court

Last Updated: Saturday, October 22, 2011, 22:21

Former Telecom Minister A Raja deliberately gave dual technology benefits to Reliance ADA Group telecom firm and denied it to Tata Group companies by delaying "in-principle approval" for the Unified Access Services (UAS) licenses, a Delhi court on Saturday said.

2G Scam: Allegations of Rs 200 crore bribe not 'absurd': Court

Last Updated: Saturday, October 22, 2011, 19:42

The theory of ‘corporate loan’ advanced by the Swan Telecom to counter the charges of giving Rs 200 crore as bribe to the DMK-run Kalaignar TV in connection with the 2G spectrum scam was on Saturday brushed aside by a Delhi Court which said the allegations are not "imaginary", "absurd" or "unfounded".

2G case: Evidence to frame charge against 17 accused

Last Updated: Saturday, October 22, 2011, 08:38

The 2G spectrum case Saturday reached an important milestone with a Delhi court framing charges against all the 17 accused including former Telecom Minister A Raja and DMK MP Kanimozhi and corporate honchos.

2G: Swan Telecom director opposes CBI plea for new charge

Last Updated: Wednesday, October 12, 2011, 18:02

Swan Telecom Director Vinod Goenka on Wednesday opposed in a Delhi court CBI's move to slap the fresh charge of criminal breach of trust against 2G spectrum allocation scam accused, terming it as "ill-timed, ill-motivated and misconceived."

Spectrum not disposed off as they are not property: Balwa

Last Updated: Monday, October 10, 2011, 19:05

Swan Telecom promoter Shahid Usman Balwa Monday told a Delhi court that all 17 accused cannot be charged for the offence of criminal breach of trust in 2G scam case as spectrum was not "property" which have illegally been disposed off by them.

Spectrum not disposed off as they are not property: Balwa

Last Updated: Monday, October 10, 2011, 18:55

Swan Telecom promoter Shahid Usman Balwa on Monday told a Delhi court that all 17 accused cannot be charged for the offence of criminal breach of trust in 2G scam case as spectrum was not "property" which have illegally been disposed off by them.

2G scam: CBI send LR to Switzerland to probe Swan beneficiary

Last Updated: Tuesday, October 4, 2011, 00:31

Probing the beneficiaries of Swan Telecom, which got a 2G licence, the CBI has sent a request to Switzerland for investigating the antecedents of Mavi Investment Fund which is alleged to have made a payment of four million dollars to Reliance.

2G case: Bail plea hearing of five deferred

Last Updated: Monday, October 3, 2011, 12:42

A Delhi court on Monday deferred the hearing on the bail pleas of five accused in the 2G spectrum scam.

Anil Ambani Group firms shed nearly 10% on CBI probe news

Last Updated: Friday, September 30, 2011, 13:21

Shares of Anil Ambani-led Reliance Group companies fell by nearly 10 percent on the bourses Friday, even as the group asserted that it was not a beneficiary of any telecom licence issued in January, 2008.

Anil Ambani's group says no change in stand by execs

Last Updated: Friday, September 30, 2011, 11:58

Anil Ambani's Reliance Group denied on Friday three executives charged in a multi-billion dollar telecoms scandal had retracted their statements in a court case.

2G Scam: Ambani under scrutiny; Tata, Videocon come clean

Last Updated: Thursday, September 29, 2011, 19:57

The CBI on Thursday virtually gave a clean chit to Tata and Videocon groups in the 2G spectrum scam but said the role of Anil Ambani was being probed as three jailed corporate honchos of his company Reliance ADAG have distanced themselves from any wrongdoing.