In an interview with CNBC-TV18, Ajay Bahl, Founding Partner of AZB & Co said the judgment is a well crafted one that just reinstates common sense principles. Eventually, it will help to avoid a lot of confusion, he opined. Adi Godrej, President of CII too welcomes the verdict and feels, there will now be a pick up in infrastructure activity.
Louis Vuitton Moet Hennesy (LVMH) bought 8 percent stake in Fab India, the Indian clothes and lifestyles products retailer. The stake sale saw the exit of Wolfensohn Capital Partners exit from the company.
CNBC-TV18's Shereen Bhan spoke to Ajay Bahl counsel for Uninor on the Supreme Court’s order on the 2G licenses and what the trial court had to say when it dismissed Subramanium Swamy's plea against Chidambaram’s alleged role in the 2G scam.