Unitech

  • Cut-off date changed to favour Unitech: CBI to A Raja July 8, 2014

    New Delhi: Former Telecom Minister A Raja on Tuesday was grilled by the CBI before a Delhi court with the agency alleging that the decision to advance cut-off date for accepting the applications for grant of 2G spectrum licences was taken to "favour" Unitech, a charge refuted by him. "It is...
  • 2G scam: Relief for Sanjay Chandra, SC rejects CBI plea against bail March 24, 2014

    New Delhi: In a major relief for Unitech director Sanjay Chandra, the Supreme Court has rejected the CBI plea to cancel his bail. Chandra was granted bail in November 2011 by the Supreme Court. The CBI, however, alleged that in this relief period, Chandra approached the then CBI prosecutor AK Singh...
  • Sensex slumps nearly 450 points as rupee hits record low August 6, 2013

    Mumbai: The BSE Sensex, Nifty fall around 2.5 per cent on Tuesday as lenders such as Yes Bank (YESB.NS) fell on fears that the RBI would announce new cash-draining measures to defend the rupee after it dropped to a record low. Yes Bank fell 8.2 per cent, while HDFC Bank lost...
  • 2G case: Supreme Court issues notice to Unitech MD Sanjay Chandra August 2, 2013

    New Delhi: The Supreme Court has issued a notice to Unitech chairman Sanjay Chandra on the CBI petition's seeking cancellation of his bail in the 2G spectrum allocation case. A bench headed by Justice G S Singhvi granted two weeks time to Chandra to file his response on CBI's petition...
  • I have lost my 'prestige' in the entire 2G saga, says Anil Ambani July 24, 2013

    New Delhi: Reliance ADA Group Chairman Anil Ambani, who has been summoned to depose as a witness in the 2G case, has told the CBI that questions on shell firms allegedly related to his company can be "best answered" by his colleagues as he has "full faith" on them. He...
  • 2G case: CBI moves Supreme Court to cancel Unitech MD Chandra's bail July 3, 2013

    The veracity of the tapes in which Sanjay Chandra is speaking to AK Singh has been proved during a test at the CFSL, Chandigarh. ...
  • 2G: CBI moves SC to cancel Sanjay Chandra's bail July 3, 2013

    New Delhi: The Central Bureau of Investigation (CBI) on Wednesday moved the Supreme Court to cancel Unitech Managing Director Sanjay Chandra's bail in the 2G spectrum scam case saying that a taped conversation between him and former CBI prosecutor AK Singh to muddle up the case has been found...
  • File FIR in 2G case based on CNN-IBN report: SC February 19, 2013

    New Delhi: An FIR should be filed in the 2G case based on the CNN-IBN expose which showed the alleged nexus between a Central Bureau of Investigation (CBI) prosecutor and a key accused in the case. The Centre for Public Interest Litigation (CPIL) filed an application in the Supreme Court...
  • 2G collusion: CPIL files plea in SC demanding FIR in the case February 19, 2013

    New Delhi: The Centre for Public Interest Litigation (CPIL) has filed an application in the Supreme Court in the 2G case saying an FIR should be registered on the basis of the CNN-IBN revelation. CNN-IBN accessed tapes where former CBI prosecutor AK Singh is allegedly talking to Unitech MD Sanjay Chandra....
  • 2G: CBI to submit status report on Chandra-Singh tapes February 18, 2013

    New Delhi: The Central Bureau of Investigation (CBI) will file its status report on the audio tapes in which Unitech Managing Director Sanjay Chandra is allegedly heard talking to former CBI prosecutor AK Singh about the 2G spectrum case. In the report the CBI will revealed what action has been...
  • 2G collusion: Voice samples of accused duo sent for forensic test February 15, 2013

    New Delhi: The Central Bureau of Investigation on Friday sent a CD containing voice samples of lead prosecutor in the 2G spectrum case, AK Singh and Unitech chief Sanjay Chandra to the forensic laboratory. This is in connection with the 2G collusion case. Meanwhile, the CD, containing the original conversation between...
  • 2G case: CBI questions prosecution team members February 14, 2013

    New Delhi: CBI on February 14 started questioning of its prosecution team members to understand whether the corruption slur on its prosecutor in the 2G case is an "aberration" or some more individuals have also been allegedly compromised. CBI sources said the statements of 'pairavi officers' and other team members are...
  • Unitech Q3 profit jumps 52 per cent at Rs 84.17 crore February 13, 2013

    New Delhi: Real estate major Unitech on February 13 reported 52.43 per cent jump in consolidated net profit at Rs 84.17 crore for the third quarter ended December 2012 on higher sales realisation and lower finance cost. The company had posted a net profit of Rs 55.22 crore in the...
  • Is CBI unable to handle pressure in high profile corruption cases? February 12, 2013

    The CBI chief admits to the JPC there is evidence of prima facie collusion between its sacked 2G prosecutor and Unitech MD. ...
  • No need to call Unitech MD and CBI prosecutor: JPC chief February 12, 2013

    New Delhi: Rejecting the need to call CBI public prosecutor AK Singh and Unitech MD Sanjay Chandra, who allegedly colluded in the 2G case, JPC chief PC Chacko said, "No need to call the persons who allegedly colluded. We have called the concerned persons. We cannot call everyone. The JPC...
  • Congress owes an explanation on 2G prosecutor issue: BJP February 12, 2013

    New Delhi: BJP on February 12 demanded a thorough probe into the issue of CBI prosecutor in 2G case allegedly being caught on tape sharing prosecution strategy with an accused, claiming that it was yet another "proof" of the agency's "misuse". Asserting that Congress owed an explanation on the "serious revelation",...
  • No serious suggestion to call Unitech MD, CBI prosecutor: JPC chief February 12, 2013

    PC Chacko said that according to the CBI chief, the reports regarding allegations of collusion between its former prosecutor AK Singh and United MD Sanjay Chandra are correct. ...
  • CBI probes own prosecutor in 2G case; Unitech plunges February 12, 2013

    Mumbai: The Central Bureau of Investigation (CBI) said it is looking into whether a prosecutor for the agency discussed a probe into alleged corruption in the allocation of mobile phone airwaves five years ago with Unitech Managing Director Sanjay Chandra, one of the people being investigated. Shares in Unitech slumped more...
  • 2G scam: Unitech shares drop 16 per cent February 12, 2013

    Mumbai: Unitech opened 9.7 per cent down and fell further down to 16 per cent on news that the real estate developer had allegedly colluded with lead 2G prosecutor. CNN-IBN accessed a preliminary enquiry registered by the CBI on February 6, which states that AK Singh, who represented the CBI...
  • Live: JPC to submit 2G case report by May 10 February 12, 2013

    New Delhi: 6:43 pm: The CBI chief was very worried following CNN-IBN's expose, says PC Chacko. 6:41 pm: JPC chief PC Chacko says the parliamentary panel will submit the report on 2G case by May 10. "There is no need to call the ministers. We cannot call everyone. The JPC has...
  • 2G: JPC to quiz CBI chief over alleged prosecutor-accused nexus February 12, 2013

    New Delhi: It is the last hearing of the Joint Parliamentary Committee looking into the 2G scam on Tuesday. CBI director Ranjit Sinha and Telecom Secretary R Chandrashekhar are scheduled to appear before the committee and are likely to be quizzed over the latest 2G twist revealed by CNN-IBN. ...
  • 2G: CBI removes its prosecutor AK Singh for colluding with one of the accused February 12, 2013

    It has been a case which has involved some of the biggest names in politics, corporate India and the bureaucracy. For the last three years, the 2G case has become synonymous with a corrupt system and has had many twists and turns. Now, CNN-IBN reveals another dramatic twist, one which could...
  • India @ 9 with Rajdeep Sardesai February 11, 2013

    CBI finds its own prosecutor AK Singh colluding with one of the accused in 2G case. UP government denies lapse on its part in Allahabad railway station stampede. ...
  • 2G collusion: What this means for the case February 12, 2013

    The CBI has registered a Preliminary Enquiry report, which names the lead 2G prosecutor AK Singh and Unitech MD Sanjay Chandra. ...
  • I don't think it's such a big offence: CBI chief February 11, 2013

    In an exclusive interview to IBN18 Network Editor-in-Chief Rajdeep Sardesai, CBI Director Ranjit Sinha confirmed that the central investigating agency has registered a Preliminary Enquiry report, which names the lead 2G prosecutor AK Singh and Unitech MD Sanjay Chandra.– Here is the transcript on the interview: Rajdeep Sardesai: Ok let's then...
  • Chandra never met CBI prosecutor outside court: Unitech February 11, 2013

    New Delhi: An investigation by CNN-IBN into the 2G case has revealed that the Central Bureau of Investigation (CBI) suspects its own prosecutor, AK Singh, of aiding one of the accused, Unitech MD Sanjay Chandra. Reacting to the report, Unitech issued a statement on Monday, claiming that Chandra had never met...
  • Listen: Alleged conversation between CBI prosecutor and one 2G accused February 11, 2013

    The CBI suspects its own prosecutor AK Singh of aiding one of the accused in the 2G scam case. ...
  • 2G: CBI finds its own prosecutor colluding with accused February 12, 2013

    It has been a case which has involved some of the biggest names in politics, corporate India and the bureaucracy. For the last three years, the 2G case has become synonymous with a corrupt system and has had many twists and turns. Now, CNN-IBN reveals another dramatic twist, one which could...
  • 2G scam: Witness says 4 counters set up for LoIs December 11, 2012

    New Delhi: A former top Department of Telecom official on Tuesday told a Delhi court trying the 2G case that four counters were set up for distribution of letters of intent to eligible telecom firms on January 10, 2008 as only four directors were available in the Access Service Cell...
  • Refund Rs 400 cr penalty to telcos, SC tells govt November 23, 2012

    New Delhi: The Supreme Court on Friday directed the government of India to refund Rs 400 crore that was collected from telecom companies as penalty after they failed to meet the rollout obligations. The companies included Unitech, Aircel, Dishnet, Systema and Videocon. More details are awaited. ...