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Essar created 'corporate veil' to conceal holding in Loop: CBI

The Central Bureau India (CBI) on Monday 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......

Ruias to sell 49% in Essar Oil to Rosneft for Rs 10,500 cr

The deal, in the works for a few months, is likely to be announced today The Ruias of the Essar group are set to sell 49 per cent stake in Essar Oil to Russian oil and gas giant Rosneft for about......

Essar pulls out of race to buy Nokia's Chennai mobile plant

Indian conglomerate Essar Group on Thursday said it is no longer interested in buying Nokia's Chennai mobile manufacturing unit. "In recent times there has been a spate of media reports on Essar......

SC notice to centre, CBI, Essar on corporate-bureaucrat nexus

The Supreme Court on Monday issued notices to the Essar group, the central government and the Central Bureau of Investigation (CBI) on a public interest petition seeking court-monitored......

Additional spectrum case: Relief to Sunil Mittal, Ravi Ruia

In a relief to Bharti Cellular Ltd chief executive officer-cum-managing editor Sunil Bharti Mittal and Essar Group promoter Ravi Ruia, the Supreme Court on Friday set aside the order of the special......
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Private banks well placed despite rise in provisions

Mumbai: The increase in provisions by private sector banks in the quarter ended June should not be read as an early indicator of a likely rise in... ...

http://www.livemint.com/Industry/l3jIXTT5sk3nL2FRDOwrfK/Private-banks-well-placed-despite-rise-in-provisions.html
Promoters of Loop Telecom Ltd face 2G court's ire for allegedly concealing fact

NEW DELHI: Promoters of Loop Telecom Ltd today faced the ire of special 2G court for allegedly concealing the fact regarding change of official... ...

http://economictimes.indiatimes.com/news/politics-and-nation/promoters-of-loop-telecom-ltd-face-2g-courts-ire-for-allegedly-concealing-fact/articleshow/48330981.cms
CBI

CBI had earlier told the court that accused firm Loop Telecom was used by Essar Group of companies to acquire 2G licences by circumventing the... ...

http://businesstoday.feedsportal.com/c/33681/f/593013/s/48a8b354/sc/24/l/0Lbusinesstoday0Bintoday0Bin0Cstory0Ccbi0Esays0Eloop0Etelecom0Ewas0Efront0Ecompany0Efor0Eessar0Ein0E2g0Ecase0C10C2223460Bhtml/story01.htm
'You won't find such an exhibition elsewhere'

Ahead of the second edition of CeBIT India, Deccan Herald’s Georgy S Thomas sat down for an interaction with Mehul Lanvers-Shah, Managing... ...

http://www.deccanherald.com/content/492963/you-wont-find-exhibition-elsewhere.html
Income Tax Dept moves SC to tax Copal Group's offshore deals

The income tax department has approached the Supreme Court seeking to quash a Delhi High Court order that exempted a series of transactions by... ...

http://www.financialexpress.com/article/economy/income-tax-dept-moves-sc-to-tax-copal-groups-offshore-deals/111819/

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