Anshuman Ruia

The apex court had on September 22 reserved its verdict on a petition filed by the company and its promoters Ravi and Anshuman Ruia contending that since their is no offence made out against them under Prevention of Corruption Act, Special 2G Court had no jurisdiction to prosecute them in the case.

Essar-Loop case: 2G court to hear final arguments on Nov 17

CBI had chargesheeted the accused on December 12, 2011, alleging they had cheated the DoT by using Loop Telecom as a "front" to secure 2G licences in 2008.

Essar-Loop case: Special court dismisses Ravi Ruia's plea

The court rejected Ruia's application in which he had sought modification of the bail condition regarding surrender of his passport.

Essar, Ruias violated 2G auction norms:CBI to Special Court

Advancing the ongoing final arguments in the case, Special public prosecutor Anand Grover said that people may have nominal role in a firm but the question is who exercises the direct control or who have "significant influence" in the policy-making of a company.

Loop Telecom was 'front company' for Essar: CBI to court

Advancing the ongoing final arguments in the case, Special public prosecutor Anand Grover said that violation of clause 8 of UASL guidelines by the accused firms was a crucial factor.

Essar created corporate veil to hide holdings in Loop: CBI

CBI on Thursday alleged before a special court that Essar Group of companies had created a “corporate veil” through a web of firms to “conceal” its actual holding in Loop Telecom Ltd (LTL) to “circumvent” the guidelines of Unified Access Services Licences (UASL).

Essar Group used Loop Telecom to acquire 2G licences: CBI

Advancing the final arguments in a case arising out of its probe into the 2G scam, the agency said the evidence brought on record showed that Loop Telecom was "controlled" by the Essar Group of companies.

HC allows Essar & Loop promoters to go abroad

The promoters of Essar Group and Loop Telecom, facing trial in a case arising out of the probe into the 2G spectrum allocation scam, were today allowed by a Delhi court to visit abroad from tomorrow till August 26.

2G scam: Essar, Loop officials fail to appear in court

Top executives of Essar and Loop Telecom accused in the 2G spectrum allocation scam failed to appear before a Delhi court on Friday.

2G scam: Essar, Loop officials fail to appear in court

Top executives of Essar and Loop Telecom accused in the 2G spectrum allocation scam failed to appear before a Delhi court on Friday.

2G scam: Essar-Loop may move Supreme Court

Essar and Loop Telecom, summoned for hearing in connection to the 2G case may move the Supreme Court, reports CNBC-TV18.

CBI chargesheets Essar, Loop Telecom in 2G

The Central Bureau of Investigation (CBI) has filed another chargesheet against Essar and Loop Telecom in the 2G spectrum allocation scam case. Essar has been charged with controlling Loop Telecom through a stake in Vodafone.

CBI chargesheets Essar, Loop Telecom in 2G

The Central Bureau of Investigation (CBI) has filed another chargesheet against Essar and Loop Telecom in the 2G spectrum allocation scam case. Essar has been charged with controlling Loop Telecom through a stake in Vodafone.

CBI questions Anshuman Ruia in 2G scam

CBI today questioned Essar group's Promoter-Director Anshuman Ruia in connection with the company's alleged association with Loop Telecom, beneficiary of 2G Telcom licenses.