New Delhi: A 2G case prosecution witness on Monday told a Delhi court that Sonata Investment Limited, allegedly involved in transfer of funds between Swan Telecom and Reliance ADA Group, was a part of the latter but Anil Ambani was not on its board of directors. "I am aware of Sonata Investment Ltd. This company is also part of Reliance ADA Group. Sonata Investment Ltd is part of Reliance Energy...
06:17 PM, Feb 13, 2012
New Delhi: Three top executives of Reliance Telecom Ltd on Thursday moved the Delhi High Court challenging the trial court order framing charges against them in the 2G spectrum case. Justice VK Shali asked Reliance ADAG officials - Group Managing Director Gautam Doshi, Senior Vice President Hari Nair and Group President Surendra Pipara - to file short synopsis in addition to their petition against framing of criminal charges against them...
01:30 PM, Dec 22, 2011
New Delhi: Unitech MD Sanjay Chandra's plea to visit Singapore has been rejected by a Delhi court on Tuesday. Chandra, an accused in the 2G case, wanted to visit Singapore for the treatment of his minor son, who has been diagnosed with diabetes. Chandra moved an application before Special CBI Judge OP Saini seeking release of his passport which was surrendered before the court following the conditions laid down by...
05:36 PM, Dec 20, 2011
New Delhi: After over seven months' stay in Tihar prisons, five top corporate executives accused in the 2G case were tonight released after being granted bail by the Supreme Court. The Supreme Court had earlier in the day granted bail to Swan Telecom Director Vinod Goenka, Unitech Wireless (Tamil Nadu) Ltd Managing Director Sanjay Chandra, and three top officials of Reliance ADA Group - Gautam Doshi, Surendra Pipara and Hari...
09:58 PM, Nov 23, 2011
New Delhi: Five top corporate executives accused of cheating, forgery and conspiracy in the 2G spectrum allocation scam have been granted bail by the Supreme Court, raising hopes of other accused including former telecom minister A Raja and DMK MP Kanimozhi, who have been jailed for more than six months. Following the first bail order in the 2G case by a two-judge bench of the Supreme Court comprising Justice GS...
08:54 PM, Nov 23, 2011
New Delhi: The Supreme Court on Wednesday granted bail to five corporate executives charged in the 2G spectrum allocation scam on two sureties of Rs 5 lakh each. This is the first set of bail granted in the mutli-crore telecom spectrum scam, which according to a Comptroller and Auditor General report caused a loss of Rs 1.76 lakh crore to the state exchequer. The two-judge bench comprising justices GS Singhvi...
10:39 AM, Nov 23, 2011
New Delhi: A plea by former Telecom Minister A Raja that he would not cross-examine prosecution witnesses unless the CBI probe is over in 2G spectrum case, was dismissed on Friday by a Delhi court which began formal trial in the matter. Raja made the plea minutes before Special Judge OP Saini commenced formal trial, beginning it with the recording of first prosecution witness, Reliance Capital Ltd Vice President Anand...
01:10 PM, Nov 11, 2011
New Delhi: Former telecom minister A Raja, DMK MP Kanimozhi along with 12 other people and three companies, who have been accused in the 2G spectrum allocation scam case, have been charged under Indian Penal Code Section 409 (criminal breach of trust by public servant, or by banker, merchant or agent). The maximum punishment if convicted for criminal breach of trust is life term while the minimum punishment is seven...
01:09 PM, Nov 11, 2011
New Delhi: The trial in the biggest corruption case in the country got off to a noisy start in the court of Special Central Bureau of Investigation Judge OP Saini in New Delhi on Friday. As soon as the trial in the 2G spectrum allocation scam began the defence counsel objected to the trial being conducted in a cramped space. There was more drama as prime accused in the 2G...
01:01 PM, Nov 11, 2011
New Delhi: The trial in the biggest corruption case in the country began on Friday as Special CBI Judge OP Saini started recording the statement of Assistant Vice President of Reliance Capital Anand Subramaniam as prosecution witness in the case. Subramaniam's chief examination by CBI is over and most of the accused refused to cross-examine him. Reliance Telecom executives said they can't cross-examine till they are given a written copy...
10:33 AM, Nov 11, 2011
New Delhi: The trial in the biggest corruption case in the country begins on Friday with the CBI all set to examine its first witness. In all, 150 witnesses will be examined in the Supreme Court monitored trial involving high profile individuals like former Telecom Minister A Raja and DMK MP Kanimozhi in the 2G spectrum scam case. Of the 28 witnesses to be questioned by the November 30, 11...
06:41 AM, Nov 11, 2011
New Delhi: The much-awaited trial in the 2G spectrum allocation scam case, involving high-profile accused including former Telecom Minister A Raja, DMK MP Kanimozhi, top corporate honchos and telecom firms, is likely to commence from Friday before a Delhi Court. Top corporate executives of Reliance Anil Dhirubhai Ambani Group (ADAG) are likely to be first among the over 150 witnesses named by the CBI to be examined by the special...
04:05 PM, Nov 10, 2011
London: Billionaire business tycoon Anil Ambani has been appointed to the board of Warwick Business School, becoming the first Indian to be a part of the well-known British institution's board. Ambani, who steers the diversified Reliance Anil Dhirubhai Ambani Group, has accepted the invitation and been appointed as a board member of Warwick Business School, according to sources in-the-know. He is the first Indian to be on the board of...
12:13 PM, Nov 06, 2011
New Delhi: The Supreme Court on Monday will hear the bail pleas of five corporate executives involved in the 2G scam. Unitech Wireless' MD Sanjay Chandra, Swan Telecom's Director Vinod Goenka and Reliance Anil Dhirubhai Ambani group's executives Hari Nair, Gautam Doshi and Surrendra Pipara will be appearing in court for the hearing. Meanwhile, CBI has instructed its lawyer to oppose their bail plea. On Sunday, the CBI decided to...
07:13 AM, Oct 31, 2011
New Delhi: The CBI will oppose the bail of five corporate executives in the Supreme Court which will hear their petitions on Monday, in connection with the 2G scam, days after it did not object to the bail pleas of DMK MP Kanimozhi and four others in the trial court. Sources in the investigating agency confirmed that it has instructed the lawyer to oppose the plea of corporate executives -...
10:05 AM, Oct 30, 2011
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