Essar was controlling Loop Telecom Ltd, facts misrepresented before DoT: CBICBI told a special court that Essar was "effectively controlling" Loop Telecom which had "fraudulently and dishonestly" misrepresented fact...
Essar personnel exercised control in Loop Telecom Ltd: CBICBI today told a special court that Essar group offficials were exercising control in Loop Telecom Ltd (LTL), a "front company", to bag 2G ...
2G Spectrum case: CBI says Loop Telecom Ltd was front company for EssarCBI today told a special court that Loop Telecom Ltd was a "front company" for Essar Tele Holding Ltd to bag 2G spectrum licences.
Essar created 'corporate veil' to conceal holding in Loop Telecom: CBICBI alleged before a special court that Essar Group had created a "corporate veil" through a web of firms to "conceal" its actual holding i...
2G spectrum scam: Arguments on pleas for joint trial to be heard on August 23A Delhi court today fixed August 23 for hearing the arguments on separate pleas filed by Essar Teleholdings Limited (ETHL).
Khaitan Group was ultimate holding firm of BPL Mobile: WitnessA CBI witness today said that Khaitan Group was the "ultimate holding company" of BPL Mobile Communication Ltd which later became Loop Tele...
2G case: Essar Teleholdings seeks joint trial with A Raja and othersEssar Teleholdings moved a special CBI court seeking joint trial with former Telecom Minister A Raja and others.
- 2G case: CBI distorting truth and misleading court, says ETHL
ETHL told a Delhi court hearing the 2G spectrum case that the CBI has deliberately "distorted" the truth and "misled" the court by giving i...
- 2G: CBI should not go on wild-goose chase, ETHL tells court
"You (CBI) do not have to go on a wild-goose chase just because you have seen a complex (corporate) structure," Salve told Special CBI Judg...
- Piramal Health posts Q4 net loss at Rs 38.68 crore
Piramal Healthcare today said it has posted a consolidated net loss of Rs 38.68 crore for the quarter ended March 31, 2012.
- Piramal Healthcare posts Q2 net profit of Rs 52.43 cr
Piramal Healthcare today said it has posted a consolidated net profit of Rs 52.43 crore for the quarter ended September 30.
- Piramal to buy 5.5% stake in Vodafone-Essar for $640 mn
British telecom major Vodafone today said Piramal Healthcare would buy 5.5 per cent stake in Indian joint venture Vodafone-Essar for about ...
- Essar's exit wil allow Vodafone to take crucial decisions without intervention
It’s been a rocky ride for the two partners with the latest fissures in the Vodafone Essar joint venture surfacing in January this year ove...
- Essar Vodafone split: Govt to pocket tax gain of Rs 1,700 crore
The Vodafone-Essar deal will lead to a tax collection of over Rs 1,700 crore, thanks to the double taxation avoidance treaty between India ...
- ETHL prepays Rs 4,230 crore raised through NCDs
Essar group company ETHL Communications Holdings repaid loans worth Rs 4,230 crore ahead of their due date to free the 10.97% stake it hold...
- Essar group co raises Rs 4,280 cr to fund refinery, steel businesses
The Essar Group’s telecom holding company ETHL Communications on Thursday said it has raised Rs 4,280 crore via private placement of zero-c...
- Essar group rejigs Vodafone stake to raise $1.2 billion
The Essar Group has rejigged its shareholding in Vodafone Essar, its joint venture with UK’s Vodafone, in order to raise $1.2 billion for d...