




The BJP's Prime Ministerial candidate underlined that those at the helm should adopt zero tolerance policy against corruption rather than indulging in blame-game.
The Central Bureau of Investigation (CBI) on Wednesday moved the Supreme Court to cancel Unitech Managing Director Sanjay Chandra's bail in the 2G spectrum scam case saying that a taped conversation between him and former CBI prosecutor AK Singh to muddle up the case has been found to be genuine.
Advisor to Prime Minister Dr Sam Pitroda feels Indian telecom companies are obsessed with valuations and market capitalisation.
The 2G case took a new twist on Wednesday with Siddharth Behura, the former telecom secretary being granted bail. After this development, former telecom minister, A Raja, one of the prime accused in the 2G case, has applied for bail after a 16-month stint in jail.
The 2G Trial Court has once again issued summons to the accused in Loop Telecom license matter, reports CNBC-TV18's Malvika Jain.
A special CBI court on Wednesday accepted CBI's chargesheet against Essar Group and Loop Telecom in the 2G spectrum scam case.
The 2G spectrum scam seems to be back in the news as the charge-sheet in the Loop Telecom conspiracy is likely in the next few days, reports CNBC-TV18's Malvika Jain.
R.Krishnamurthy, the petitioner who had sort to drag Ratan Tata and Niira Radia as accused in the CBI trial court has been asked to wait until May 30, when the court will hear the matter, reports CNBC-TV18.
Swan Telecom Promoter Shahid Usman Balwa, chargesheeted in the 2G spectrum scam, on Wednesday told a Delhi court that the CBI should have named Prime Minister Manmohan Singh as one of the witnesses in the case.
The PAC committee questioned Ratan Tata on a handwritten letter he directly chose to write to the Tamilnadu chief minister M Karunanidhi bypassing the Prime Minister. In fact, the panel members also pointed out that Tata should have written to the prime minister instead of writing it to Karunanidhi.
Besides damaging confidence in the Congress-led coalition government, the 2G spectrum scam has also worried investors in Asia's third-largest economy. Suresh Mahadevan of UBS Securities and Kunal Bajaj from Analysys Mason shared their concerns with CNBC-TV18 on the issue.
Now that the government has agreed to a Joint Parliamentary Committee (JPC) on 2G spectrum scam, we ask should it hearings be held in public or on camera and how do we ensure that the JPC is not hijacked by small influential cabal or over the influence by its chairman.
Senior BJP leader Arun Shourie claimed that Prime Minister Manmohan Singh was informed about Former Telecom Minister A Raja's involvement in the 2G spectrum scam in 2009.