Aircel Maxis

Aircel Maxis: Delhi Court grants regular bail to ex-Union Minister P Chidambaram, son in cases filed by CBI, ED

The court, which had earlier granted anticipatory bail to both the accused in the matter, accepted the bail bonds of Rs 1 lakh each in both the cases and granted regular bail.

SC refuses to release for 3 more months Rs 10 crore deposited by Karti for travelling abroad

A bench headed by Justice Deepak Gupta said the amount will continue to remain in fixed deposit for another three months.

Aircel-Maxis: Memo containing sensitive materials prompted SC to pass order

A vacation bench of Justice Arun Mishra and Sanjay Kishan Kaul observed that the memo, placed before it by the Centre in a sealed cover yesterday, has "given rise to at least a conclusion that the allegations are serious in nature".

ED Joint Director attacks Revenue Secretary Hasmukh Adhia

ED Director Karnal Singh said former finance minister P Chidambaram “sported an open and direct grudge against him” because of Supreme Court monitored Aircel-Maxis investigation.

Supreme Court to hear on June 26 Subramanian Swamy's plea in Aircel-Maxis case

A vacation bench comprising justices Arun Kumar Misra and S K Kaul also agreed to hear the plea of ED officer Rajeshwar Singh that contempt proceedings be initiated as attempts have been made to thwart the ongoing investigation in the Aircel-Maxis case.

Aircel, 2 other companies come under SFIO lens

The Serious Fraud Investigation Office (SFIO) is probing alleged financial irregularities at debt-laden Aircel as well as two group entities -- Aircel Cellular and Dishnet Wireless

Karti Chidambaram's firms received Rs 1.16-crore bribe in Aircel-Maxis deal: ED tells court

Former Union minister P Chidambaram's son Karti controlled two firms which allegedly received Rs 1.16 crore as bribe money in the Aircel-Maxis money laundering case, the Enforcement Directorate (ED) today

Aircel-Maxis: P Chidambaram appears before ED for second time

The investigating officer of the case is expected to record Chidambaram's statement under the Prevention of Money Laundering Act (PMLA) today, like the last time, they added.

Aircel-Maxis PMLA case: P Chidambaram expected to appear before ED tomorrow

Official sources said the agency has issued fresh summons to the senior Congress leader to appear before the investigating officer of the case.

CJI recuses from hearing pleas relating to Aircel-Maxis deal

The CJI, who was presiding the bench comprising Justices A M Khanwilkar and D Y Chandrachud, said he as the Chief Justice of the Delhi High Court had heard the case pertaining to 2G spectrum allocation and hence, would not like to hear the instant petitions.

Illegal, mala fide, harassment: Karti Chidambaram on CBI summons in Aircel Maxis case

Karti was called by the CBI to appear for questioning today in the case that pertains to a foreign investment clearance given by the FIPB to Global Communication Services Holdings Ltd for investing in Aircel.

Delhi HC seeks Maran brothers' reply on ED's plea

ED had, on May 2, moved the High Court challenging a special court's February 2 order discharging the Maran brothers and others in the Aircel-Maxis money laundering case.

Here’s why Citi Research is upbeat on Sun TV

Valuation discount to peers, better ad revenues and a leadership position in Tamil Nadu along with improved Telugu ratings to bode well for the firm, it feels.

Aircel-Maxis case: Court to pass order on charge on January 24

Special Judge O P Saini, who was scheduled to pass the order today on framing of charge as well as on bail applications of the Maran brothers and other accused persons, deferred it to January 24, saying the order is yet to be prepared.

SC restrains Aircel-Maxis from transferring 2G licences

The Supreme Court today restrained transfer of 2G licences from Malaysia's Maxis, which was originally allotted to Aircel, to any other telecom company.

SC stays Aircel 2G sale; deal with Rel Com in jeopardy: Srcs

Sources tell CNBC-TV18 that Supreme Court has stayed Aircel's 2G spectrum sale. The apex court has directed the Department of Telecom to sell Aircel spectrum if promoters don't cooperate with agencies.

Aircel-Maxis case: Court to pass order on charge on Dec 22

Special Judge O P Saini, who was scheduled to pass the order today on framing of charge as well as on bail applications of the Maran brothers and other accused persons, deferred it to December 22, saying the order is yet to be prepared.

SC moved to stop Aircel-Maxis from selling spectrum

A plea was today filed in the Supreme Court seeking directions to the Centre, CBI and ED to stop Aircel-Maxis from selling allotted spectrum to Bharti Airtel and Reliance Communications, claiming it would allow Maxis to "escape law and abscond" with crores of rupees.

Aircel-Maxis: Court to pass order on charge, bail on Nov 30

A special court has reserved its order on the issue of framing charges against former Telecom Minister Dayanidhi Maran, his brother Kalanithi Maran and others in the Aircel-Maxis deal case lodged by CBI and Enforcement Directorate (ED).

Aircel-Maxis: HC defers plea on 2G court jurisdiction

Special Public Prosecutor Anand Grover, appearing for the CBI, submitted that since the apex court was monitoring the issue, the accused cannot file such an appeal before two platforms.

HC appears disinclined to interfere in Aircel-Maxis case

A bench of Chief Justice G Rohini and Justice Sangita Dhingra Sehgal expressed this view while reserving its order on a PIL for directions to CBI to move the trial court for "attachment and forfeiture of shares and all the assets of Aircel Ltd", as held by Maxis and its subsidiaries.