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    DB Realty has no equity connection with Etisalat

    DB Realty has come under a cloud after the arrest of its MD Shahid Balwa in connection with the 2G scam investigations. But speaking exclusively to CNBC-TV18 DB Group chairman Vinod Goenka said that there is no connection between DB Realty and Etisalat DB.

    February 11, 2011 / 17:43 IST

    DB Realty has come under a cloud after the arrest of its MD Shahid Balwa in connection with the 2G scam investigations. But speaking exclusively to CNBC-TV18 DB Group chairman Vinod Goenka said that there is no connection between DB Realty and Etisalat DB.

    He also said that Etisalat was not considering pulling out of the telecom venture in India.

    Further Vinod Goenka also clarified that while he had taken over the management of DB Realty after Shahid Balwa's arrest they were not considering any change in ownership of DB Realty just yet.

    first published: Feb 11, 2011 05:33 pm

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