Essar Loop

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  Delhi High Court Issues Notice to Essar, Loop Promoters for Cheating DoT

  The CBI told Delhi High Court that the trial court had failed to appreciate the evidence which proved that the accused had hatched a conspiracy to cheat the DoT for obtaining spectrum licence.

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  2G trial begins against Essar and Loop Telecom promoters

  The court on May 25 had paved the way for their trial after framing against them the charges of conspiracy to cheat the government.

• 2G: Essar, Loop promoters appear before court, move bail pleas

  Promoters of Essar Group and Loop Telecom, named as accused in a case flowing out of the 2G scam, today appeared before a Delhi court. Essar group promoters Ravi and Anshuman Ruia and Loop Telecom promoters I P Khaitan and Kiran Khaitan moved their bail pleas after they appeared before Special CBI Judge O P Saini.

• 2G case: Court exempts Ruias, Khaitans from personal appearance

  Promoters of Essar Group, Anshuman and Ravi Ruia and Loop Telecom promoters I P Khaitan and Kiran Khaitan, were today granted exemption from personal appearance by a Delhi court, which had summoned them as accused in the 2G case.

• 2G case: Loop, Essar promoters granted exemption from personal appearance

  The lawyers of the promoters of Loop Telecom and Essar Group appeared before the Patiala House court in Delhi today in connection with the 2G case. The promoters, Ravi Ruia and Anshuman Ruia, promoters of Essar, I P Khaitan and Kiran Khaitan, promoters of Loop Telecom, and Vikas Saraf, Director (Strategy and Planning), Essar, failed to appear yet a...

• 2G scam: Ruias, Khaitans skip court appearance, fresh summons issued for Feb 22

  2G case: The Ruias and Khaitans, who are the promoters of Essar and Loop respectively, have ignored a summons to appear in the Delhi court that's handling the trial of the telecom scam. Their lawyers said the summons had been sent to the Delhi homes of the two families, though they are NRIs and their official residences are in Dubai.

• Ruias, Khaitans in Dubai; CBI says they've ignored summons

  The Ruias and the Khaitans, both named in the telecom scam, have left the country, provoking concern among the Central Bureau of Investigation (CBI) which has filed a chargesheet against them in the telecom scam. The Ruias are the promoters of Essar; Loop is promoted by Kiran Khaitan and her husband I P Khaitan.

• Corporate affairs ministry sent a vague reply on Essar: CBI

  The Central Bureau of Investigation (CBI) has said that the Corporate Affairs Ministry chose to send a "non-committal vague report" on the alleged control of Essar Group over Loop Telecom instead of conveying a definite opinion to Department of Telecommunication (DoT).

• 2G scam: CBI summons Essar-Loop management on Jan 27

  A Delhi trial court on Wednesday took cognizance of the third chargesheet filed against officials from Loop Telecom and Essar Group in the 2G spectrum case. It issued summons to all eight accused and now they have to appear in court on January 27.

• 2G case: CBI likely to file third chargesheet today

  The CBI is likely to file the third chargesheet in the 2G case today. CBI sources said that the Director of the agency has given the go-ahead to book corporate giants - the Ruias and Khaitans - for creating Loop as a front company for Essar to get a spectrum licence.

• 2G scam: CBI to chargesheet Loop, Essar this week

  The telecom scam will claim new corporate casualties this week. Sources in the Central Bureau of Investigation (CBI) confirm that a new chargesheet will accuse two big India Inc companies, Loop and Essar, of cheating and conspiracy.

• 2G: CBI to seek legal opinion on Essar-Loop links

  The Central Bureau of Investigation (CBI) is likely to seek the opinion of the Law Ministry on the controversy whether Ruia-controlled oil major Essar was an associate in the telecom joint venture with Loop Telecom in the backdrop of divergence of views with the Ministry of Corporate Affairs (MCA).

• 2G scam: Corporate Affairs Ministry responds to CBI charges

  The Ministry for Corporate Affairs has clarified that it has not conducted any independent investigation to determine if Essar was a major stakeholder in Loop Telecom when the latter was given 21 telecom licenses in 2008.In court yesterday, the Central Bureau of Investigation (CBI) slammed the Ministry of Corporate Affairs for providing contradicto...