Loop Telecom

  • Not committed any wrongdoing: Ravi Ruia tells 2G court May 19, 2014

    New Delhi: Essar Group promoter Ravi Ruia, facing trial in a case arising out of the investigation into the 2G spectrum allocation scam, on Monday told a Delhi court that he had not committed any wrongdoing and many facts were not properly probed by CBI. Deposing before Special CBI Judge OP...
  • 2G case: Court to commence recording of statements of accused May 4, 2014

    New Delhi: A special CBI court is likely to commence tomorrow the recording of statements of the accused, including former Telecom Minister A Raja, in the 2G spectrum allocation scam. Special CBI judge OP Saini, who had earlier supplied the draft questionnaire containing 1,718 questions running into 824 pages to...
  • Loop Telecom Ltd plea for settlement: Court order on March 27 March 22, 2014

    A special CBI court on Saturday fixed March 27 for pronouncing its order on a plea filed by Loop Telecom Limited seeking directions for referring the matter to Lok Adalat for "settlement" in a case arising out of the 2G scam probe. Special CBI Judge O P Saini, who was scheduled...
  • 2G scam: Court fixes April 4 to record statements of accused March 3, 2014

    New Delhi: A special CBI court on Monday fixed April 4 for recording the statements of accused, including former Telecom Minister A Raja, DMK MP Kanimozhi and some top corporates executives, in the 2G spectrum case. Special CBI Judge OP Saini, who was scheduled to record the statements of the accused,...
  • 2G scam: SC rejects Essar, Loop plea on special court jursdiction July 1, 2013

    New Delhi: Supreme Court on Monday rejected the plea by telecom service provider Essar tele holding and Loop telecom limited that they could not be proceeded against by the 2G special court into the charges of cheating and conspiracy in the allocation of 2G licences and allocation spectrum. The apex court...
  • Telecom licence renewal decision in 2 weeks: Govt February 22, 2013

    New Delhi: The Centre on Friday informed the Delhi High Court that the renewal of licences for 900 MHz spectrum of three leading mobile service operators would be decided within two weeks. "The government will decide their applications (for renewal of licences) within two weeks as per the law," Additional...
  • Loop Telecom seeks compensation for cancelled 2G licence May 29, 2012

    Loop Telecom moved the Telecom Disputes Settlement & Appellate Tribunal (TDSAT) on Tuesday for compensation for its cancelled 2G licence. ...
  • 2G: Loop Telecom moves TDSAT against govt, TRAI May 29, 2012

    New Delhi: Loop Telecom on Tuesday took the government and TRAI before the sector's tribunal TDSAT seeking refund of Rs 1,454 crore paid for 2G licence and sought Rs 1,000 crore damages for loss of reputation after its cancellation. In its petition, Loop Telecom has submitted that the Supreme Court has...
  • 2G: CBI court charges Essar, Loop promoters May 25, 2012

    New Delhi: Essar promoters Ravi and Anshuman Ruia, and Loop Telecom's Kiran Khaitan and IP Khaitan have been charged with conspiracy while Essar's Director for Strategy and Planning Vikash Saraf has been charged with cheating and conspiracy in the 2G spectrum allocation scam. The Special Central Bureau of Investigation (CBI)...
  • 2G: Charges to be framed against Essar, Loop today May 25, 2012

    New Delhi: A Delhi Court will pronounce its order on Friday on farming of charges against Essar group and Loop Telecom promoters for allegedly committing offences of cheating and criminal conspiracy for obtaining the 2G spectrum licences from government. "Put up for order on May 25. All the five accused person...
  • 2G: Arguments against Essar, Loop from May 3 April 21, 2012

    New Delhi: A special Central Bureau of Investigation (CBI) court on Saturday said arguments on the framing of charges against some top corporate honchos from Loop Telecom and Essar Group will commence May 3. Special CBI Judge OP Saini put, for May 3, the arguments on framing of charges and bail...
  • 2G: Loop Telecom to close down operations April 10, 2012

    Mumbai: Loop Telecom will close down its operations after losing its licenses in the wake of an alleged multi-billion dollar corruption scandal, a company spokesman said, while its sister company Loop Mobile would continue operations in Mumbai. Supreme Court in February ordered cancellation of 122 telecom licences held by eight operators,...
  • Assocham delegation to meet PM over 2G licences March 5, 2012

    New Delhi: A delegation of industry chamber Assocham, led by its newly-elected president Rajkumar Dhoot along with DLF chief KP Singh, will meet the Prime Minister on Tuesday over the impact of Supreme Court judgement cancelling 2G licences. "The meeting with the Prime Minister will cover issues related to the industry...
  • 2G: Essar, Loop promoters skip court again February 22, 2012

    New Delhi: The promoters of Loop Telecom and Essar Group failed to appear in court yet again on Wednesday. Promoters I P Khaitan and Kiran Khaitan were granted exemption from personal appearance by a Delhi court, which had summoned them as accused in the 2G case. "Exemption applications of four accused (Ruias...
  • 2G: Loop, Essar promoters to appear before court February 22, 2012

    New Delhi: The promoters of Loop Telecom and Essar Group have been summoned to appear before the 2G court in Delhi on Wednesday. This comes a week after the Supreme Court refused to grant interim stay on the summonses issued against them and their officials by a special CBI court...
  • 2G: Court summons promoters of Essar, Loop December 21, 2011

    New Delhi: The promoters of Essar Group and Loop Telecom were among the five persons who were directed to appear on January 27 before a Delhi Court which on Wednesday took cognizance of the CBI charge sheet arising out of the probe in the 2G scam case against them. "I have...
  • 2G: Essar questions CBI court's jurisdiction December 21, 2011

    New Delhi: Essar group on Wednesday said the special 2G court had no jurisdiction in taking cognisance of the CBI chargesheet filed against its five officials and three companies, and said it would be taking legal recourse in this regard. The company said in a statement that it has been "advised...
  • 2G: Chargesheet against Essar, Loop accepted December 21, 2011

    New Delhi: A special CBI court on Wednesday accepted CBI's chargesheet against Essar Group and Loop Telecom in the 2G spectrum scam case and issued summons to all eight accused named in the chargesheet. Notices have been sent to the eight accused - Anshuman Ruia, Ravi Ruia, Vikas Saraf, IP Khaitan,...
  • 2G: Court to deliver order in Essar case December 21, 2011

    New Delhi: A special CBI court is expected to decide whether to take cognizance of the CBI's chargesheet against Essar Group and Loop Telecom in the 2G spectrum scam case on Wednesday. Promoters of both companies are accused of cheating and criminal conspiracy. Special CBI Judge OP Saini who had reserved his...
  • Court yet to note chargesheet against Essar, Loop December 17, 2011

    New Delhi: The special trial court set up to hear the case against Essar and Loop Telecom in the 2G spectrum allocation case, is yet to take cognizance of the chargesheet filed against both companies. The court on Saturday reserved its decision on the chargesheet till December 21. The trial court...
  • CBI chargesheets Essar, Loop Telecom in 2G December 12, 2011

    New Delhi: The Central Bureau of Investigation (CBI) has filed another chargesheet against Essar and Loop Telecom in the 2G spectrum allocation scam case. Essar has been charged with controlling Loop Telecom through a stake in Vodafone. The 106-page chargesheet, third in the telecom scam case, names five individuals and three...
  • CBI to soon file another chargesheet in 2G case December 1, 2011

    New Delhi: The Central Bureau of Investigation (CBI) may soon file a chargesheet against some officials of Loop Telecom and Department of Telecom for alleged misrepresentation of facts about the cross-holding of shares by oil major Essar in the telecom venture in the grant of 2G spectrum allocation case. Both the...
  • 2G: CBI to probe Shourie's tenure, question Jaswant September 1, 2011

    New Delhi: There is some relief for former Union Minister Dayanidhi Maran in the 2G spectrum allocation scam case while the licences granted during the regime of Bharatiya Janata Party-led National Democratic Alliance (NDA) could be investigated. The Central Bureau of Investigation (CBI) in its progress report on the 2G scam...
  • 2G: ED issues notice to two Loop telecom firms August 18, 2011

    New Delhi: The Enforcement Directorate (ED) has issued show cause notices to two Loop telecom firms for alleged violation of foreign exchange laws to the tune of about Rs 384 crore in connection with the 2G scam. The Directorate had earlier slapped various charges of FEMA violations on Loop Mobile...
  • 2G: Raja and Behura quizzed by CBI for Loop-Essar July 24, 2011

    New Delhi: Carrying on its probe into the 2G scam, the CBI has recorded the statements of jailed former telecom Minister A Raja and the then telecom secretary Siddhartha Behura in connection with grant of spectrum licence to Loop and the role of Essar group. Highly-placed sources said the duo was...
  • CBI questions A Raja, 2 others in 2G scam July 18, 2011

    New Delhi: The Central Bureau of Investigation (CBI) on Monday questioned former telecom minister A Raja, former telecom secretary Siddartha Behura and Gautam Doshi with regards to Loop Telecom's association with Essar, sources said. According to sources, a complaint regarding Loop's irregularity in getting the license was made in 2010. It...
  • Loop was a front company for Essar: CBI on 2G July 6, 2011

    New Delhi: In the other end of the 2G investigations the CBI's status report in the Supreme Court on Wednesday said there is a prima facie case against the Essar group. The agency submitted to the court that there is evidence to indicate that the 2G beneficiary Loop telecom was...
  • CBI implicates Maran in 2G status report July 6, 2011

    New Delhi: The Central Bureau of Investigation (CBI) in its probe report to the Supreme Court on Wednesday implicated Former Telecom Minister Dayanidhi Maran in the 2G spectrum scam saying that initial enquiry revealed that Maran deliberately sat on Aircel's licence application. The clock is ticking for Dayanidhi Maran with the...
  • 2G scam: CBI may give Raja's account details July 6, 2011

    New Delhi: The Central Bureau of Investigation (CBI) will file an interim report on 2G spectrum scam case in the Supreme Court on Wednesday. The report could tell the Apex court about former telecom minister A Raja's foreign bank accounts. The agency is likely to request for more time to look...
  • CBI charge sheet delayed in 2G spectrum scam June 29, 2011

    New Delhi: The CBI charge sheet in 2G spectrum scam will be delayed. Sources told CNN-IBN that the delay came after the Ministry of Corporate Affairs (MCA) gave a new report saying Loop Telecom was not a front for Essar. Sources said the Central Bureau of Investigation (CBI) will question the...