Promoters of Essar Group and Loop Telecom were on Friday granted bail by a Delhi court in connection with a case arising out of the 2G spectrum allocation scam.

Essar group promoters Ravi Ruia and A

In a fresh trouble for telecom giants, Income Tax department has initiated a post-2008 probe into the finances, investments and returns of all those 122 2G spectrum licence benefactors whose author

Loop Telecom, whose 2G licences were among the 122 telecom licences cancelled by the Supreme Court, on Tuesday said it is in process to shut down its business in India.

"We have no other option. The

Promoters of Essar Group and Loop Telecom, named as accused in a case flowing out of the 2G scam, on Saturday appeared before a Delhi court.

Essar group promoters Ravi and Anshuman Ruia and Loop Tel

Promoters of Essar Group Anshuman and Ravi Ruia and Loop Telecom promoters I.P. Khaitan and Kiran Khaitan were on Wednesday granted exemption from personal appearance by a Delhi court, which had su

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

The 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