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2G Scam | 22 April 2011

2G Scam | 22 April 2011
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First Published: Fri, Apr 22 2011. 01 21 AM IST
Updated: Mon, Apr 25 2011. 01 54 PM IST
Economic Times
2G Scam: Bail plea hearing of top telecom executives to be held on April 26
The Delhi High Court will resume hearing of the bail application of Unitech chief Sanjay Chandra, DB Realty founder Vinod Goenka and three senior executives of Anil Ambani controlled ADA Group- Gautam Doshi, Surendra Pipara and Hari Nair-on April 26. (read more...)
IBN LIVE
2G scam: corporate heads’ reputation in tatters
Refusal of bail for India Inc’s big wigs Sanjay Chandra, Gautam Doshi and Vinod Goenka has sent shockwaves in the corporate world. In Delhi’s Tihar Jail now for their alleged involvement in the 2G spectrum scam it seems that an overdose of ambition led to their downfall. (read more...)
NDTV
Rift in Public Accounts Committee over finalising 2G scam report
The Public Accounts Committee (PAC) studying the 2G spectrum scam is reportedly divided over finalising its report. (read more...)
IBN LIVE
Arrests of top bosses worry DB Realty customers
After the arrest of both Shahid Balwa and Vinod Goenka for their involved in the 2G spectrum scam, DB Realty is now said to be considering a total overhaul of the management. And with the company’s image badly hit, it’s also the buyers of the DB realty projects, who seem to be in a confused state. (read more...)
The Times of India
2G-tainted stocks hammered after court decision
The special CBI court’s decision to deny bail to the top five executives in the 2G case from three companies hit their stocks hard on Wednesday. While the Delhi-based realty major Unitech lost over 5% to close at Rs 41, its peer from Mumbai, DB Realty, closed 4.2% lower at Rs 102. Similarly, the other accused, ADA Group’s telecom flagship RCOM, closed 2% lower at Rs 106. (read more....)
Indian Express
Jail No. 1 request rejected, it’s Ward No. 4, Jail No. 3 for 2G accused
The five top corporate bigwigs arrested in connection with the 2G telecom scam had their first taste of prison rules when the request of one of them to be lodged in Jail No. 1 of Tihar, like former minister A Raja, was rejected. (read more...)
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First Published: Fri, Apr 22 2011. 01 21 AM IST
More Topics: 2G Scam | Media Roundup | Shahid Balwa | A Raja | PAC |