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Order reserved on charge framing against Essar, Loop promoters

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A Delhi Court on Friday reserved for May 25 its order on framing of charges against Essar group and Loop Telecom promoters for allegedly committing offences of cheating and criminal conspiracy for

SC issues notice to CBI on Essar Teleholdings' petition

The Supreme Court on Wednesday issued notices to the CBI and the Centre for Public Interest Litigation on a petition of Essar Teleholdings Limited and Loop Telecom Limited, which have questioned the s

Essar suffers $1 billion tax setback, shares plunge

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Essar Energy suffered a major financial blow on Tuesday when India's Supreme Court said the firm could no longer defer payment of more than $1 billion in taxes.

The decision sent the company's shares

2G: Loop Telecom, Essar move high court

Loop Telecom and Essar Group, accused in the 2G spectrum scam, on Thursday moved the Delhi High Court pleading that their case should not be heard by a special CBI court as they have not been charged

2G scam: SC seeks CBI, ED response on charges they are soft on telcos

The Supreme Court on Thursday sought response from CBI and the Enforcement Directorate over a charge that they were going soft on companies like Essar, Loop and their promoters by not slapping cor

Essar Energy chairman Ravi Ruia steps down

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Essar Energy said its chairman Ravi Ruia would step aside temporarily after the Central Bureau of Investigation (CBI) alleged that he had suppressed facts about the extent of an Essar Group holding in

2G: Court takes cognisance of charge sheet against Essar, Loop

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Essar group promoters Anshuman and Ravi Ruia alongwith five others were on Wednesday issued summons by a Delhi court which took cognisance of CBI's charge sheet arising out of investigation in the

2G: Court to take cognisance of offence against Essar on Wed

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A Delhi Court on Saturday reserved its order for December 21 for taking cognisance of CBI's third charge sheet arising out of investigation in the 2G scam case against Essar Group and Loop Telecom p

2G case: CBI may file chargeheet against some Essar officials

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The CBI may file a charge sheet against some officials of Ruias-led multinational conglomerate Essar in the 2G spectrum case, a move for which Attorney General G E Vahanvati has given his nod, sour

Essar official held for funding Maoists

An Essar Group general manager was arrested on Tuesday for his role in paying "protection money" to the Maoists to help the company reopen a 267-km iron ore slurry supply pipeline in Chhattisgarh's Da

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