Loop Telecom

  • Loop Telecom Ltd plea for settlement: Court order on March 27 22-03-2014 02:57 PM

    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...
  • 2G scam: Court fixes April 4 to record statements of accused 03-03-2014 10:48 AM

    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...
  • 2G scam: SC rejects Essar, Loop plea on special court jursdiction 01-07-2013 11:54 AM

    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...
  • 2G: Court summons promoters of Essar, Loop 21-12-2011 05:57 PM

    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...
  • 2G: Essar questions CBI court's jurisdiction 21-12-2011 05:43 PM

    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...
  • 2G: Chargesheet against Essar, Loop accepted 21-12-2011 03:13 PM

    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...
  • 2G: Court to deliver order in Essar case 21-12-2011 08:47 AM

    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...
  • Court yet to note chargesheet against Essar, Loop 17-12-2011 06:55 AM

    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...
  • CBI chargesheets Essar, Loop Telecom in 2G 12-12-2011 03:36 PM

    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...
  • CBI to soon file another chargesheet in 2G case 01-12-2011 08:03 PM

    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...
  • 2G: CBI to probe Shourie's tenure, question Jaswant 01-09-2011 04:14 PM

    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...
  • 2G: ED issues notice to two Loop telecom firms 18-08-2011 11:22 AM

    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 24-07-2011 07:37 PM

    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...
  • CBI questions A Raja, 2 others in 2G scam 18-07-2011 05:14 PM

    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....
  • Loop was a front company for Essar: CBI on 2G 06-07-2011 10:25 PM

    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 06-07-2011 04:36 PM

    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...
  • 2G scam: CBI may give Raja's account details 06-07-2011 08:19 AM

    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...
  • CBI charge sheet delayed in 2G spectrum scam 29-06-2011 08:12 PM

    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...
  • 2G: CBI examines new documents of Essar-Loop 19-06-2011 05:03 PM

    New Delhi: Ahead of filing a fresh charge sheet, the CBI is examining the new set of documents provided by the Essar group suggesting that the Ruias-led group held only 2.15 per cent stake in Loop telecom and not over 10 per cent as alleged at the time when 2G...
  • 2G: CBI seeks info on RCom from Mauritius 30-05-2011 06:05 PM

    New Delhi: The noose is tightening around Reliance Communications and Loop telecom in the 2G scam. CBI sources have said that the CBI team to Mauritius has asked for specific information on who was the real beneficiary of the 9.9 per cent equity sale by Reliance Communications to Delphi Investment....
  • 2G scam: Dubai based industrialist grilled 23-05-2011 06:58 PM

    New Delhi: With its sleuths already in Mauritius for 2G spectrum scam probe, the CBI on Monday questioned Dubai-based industrialist IP Khaitan for his alleged interests in Loop Telecom, one of the beneficiaries of the allocations. Khaitan, who arrived at the CBI headquarters in the morning, was grilled by the...
  • CBI questions Essar CEO in 2G scam 12-05-2011 10:40 AM

    New Delhi: Essar Group CEO Prashant Ruia appeared before the Central Bureau of Investigation (CBI) for questioning in the 2G spectrum scam on Wednesday. The central probe agency is likely to question him about Essar's alleged links with Loop Telecom, which got Unified Access Service. The Essar CEO was earlier...
  • 2G scam probe exposes Loop Telecom-Essar link 24-02-2011 09:02 AM

    New Delhi: The Central Burau of Investigation (CBI) last week questioned Essar CEO Prashant Ruia as the investigating agency probes into the invisible owners of 2G licences and tried to find out the link between Loop Telecom and Ruias of Essar. The Enforcement Directorate is also investigating whether Essar group...
  • 2G scam: Loop Telecom a front for Essar? 23-02-2011 07:45 PM

    New Delhi: The 2G scam and the probe into the invisible owners is looking at the link between Loop Telecom and Ruias of Essar. CEO Prashant Ruia was questioned by the CBI last week. The Enforcement Directorate (ED) is also investigating and CNN-IBN has accessed a confidential report of the...
  • 2G: CBI summons Raja's brother, Loop Tele CEO 23-02-2011 12:24 PM

    New Delhi: Continuing its probe into the 2G spectrum scam, the Central Bureau of Investigation on Wednesday summoned Kalai Perumal, the brother of former telecom minister A Raja and Loop Telecom CEO Sandeep Basu to the CBI Headquarters in New Delhi. While Basu is being questioned on Wednesday, the CBI...
  • Telecom firms pay Rs 73.73 crore as penalty 01-01-2011 05:36 PM

    New Delhi: The government has collected Rs 73.73 crore as penalty from new telecom operators for missing the network roll-out deadline, but is still keeping open the option of cancelling the licences. "Total penalty is about Rs 219 crore for missing roll-out obligations. We had generated demand for over Rs...