Adani Enterprises arm to acquire toll roads in Guj, Andhra from Macquarie Asia Infra Fund for Rs 3,110 crAdani Road Transport, a wholly-owned subsidiary of Adani Enterprises, will be acquiring a 100% stake in Swarna Tollway Private Ltd (STPL) a...
Berger Paints to acquire Kolkata-based construction materials makerIn a filing with the stock exchanges, the company said it is buying 95.53% stake of STPL. Balance 4.47% stake will remain with STPL’s exist...
Raja told DoT officers that STPL was eligible for 2G, says CBICBI claimed in a special court that former Telecom Minister A Raja had told Department of Telecommunications that Swan Telecom was eligible...
2G scam: Reliance ADAG entirely funded Swan Telecom, says CBIThe CBI today told a special court that Reliance ADA Group had made the entire funding for Swan Telecom Pvt Ltd (STPL), one of the accused ...
2G case: Swan Telecom was front company of Reliance ADAG, says CBICBI today claimed in a special 2G court that STPL was a "front company" of ADAG which infused Rs 28.29 crore to increase its net worth for ...
2G case: Reliance ADAG funded STPL through front cos, says CBICBI today claimed in a special 2G court that Reliance ADAG had structured front companies to fund STPL to increase its net worth for baggin...
2G scam: Swan a front company of ADAG, CBI saysCBI claimed in a special court that Reliance ADAG had infused thousands of crores in Swan which allegedly was a front company to bag 2G lic...
Reliance ADAG infused crores in Swan Telecom, claims CBIThe probe agency told a special 2G court that the front company was not eligible in March 2007 to apply for the radiowaves.
STPL was Reliance ADA Group company: CBI to 2G case witnessThe CBI today grilled a Reliance ADAG official before a Delhi court alleging that STPL was one of the group companies of Anil Ambani-led en...
A Raja denies giving 2G licences to ineligible Swan Telecom Pvt Ltd, UnitechBesides Raja, promoters of STPL-- Shahid Usman Balwa and Vinod Goenka, Unitech Ltd Managing Director Sanjay Chandra and others are facing t...
- 2G spectrum scam case: Reliance Telecom Ltd told bank to transfer Rs 974.49 crore to STPL, says witness
RTL had instructed a bank in March 2007 to transfer from its account Rs 974.49 cr to STPL which belonged to the Reliance ADA, a CBI witness...
- 2G case: Surendra Pipara had intimated RoC as Director of STPL, says witness
A prosecution witness told a Delhi court that Surendra Pipara had intimated the RoC about appointment of four additional directors in the f...
- Reliance Telecom Ltd transferred Rs 1,902 cr to Swan Telecom, says witness
Reliance Telecom had transferred Rs 1,900 cr to Swan Telecom between Jan & June 2007, a HDFC bank official said.
- Swan Telecom was just a mask for Reliance Telecom: court
Special CBI Judge O P Saini dismissed the contention of RTL that Swan Telecom was not its "associate" saying it was, directly or indirectly...
- 2G scam: Reliance Telecom moves High Court against charges
RTL moved the Delhi High Court for quashing of charges framed against it by a CBI court in 2G spectrum case, saying there is no material to...
- CBI to question Loop Telecom promoters, Essar Group brass
Essar, according to CBI sources, also lent Rs 2,500 crore to STPL when it applied for UAS licences in September, 2007.
- Loop Tele under DoT watch
The telecom department is set to issue a show-cause notice to Loop Telecom asking the telco to explain why its mobile licences across 21 ci...