Relief for Karti as court extends interim protection from arre...

[India], Mar 24 (ANI): A Special Delhi Court on Saturday granted anticipatory bail to Karti Chidambaram, son of former finance minister P. Chidambaram in Aircel Maxis case. The court also asked him to appear before the investigating officer whenever he is ...

A Delhi court on Saturday granted protection to Karti Chidambaram from arrest till April 16 in Aircel-Maxis matter arising out of the 2G spectrum cases lodged by the CBI and the Enforcement Directorate. Special Judge O P Saini gave the agencies three weeks to file a detailed reply on the anticipatory bail plea of Karti. The court, which pronounced the judgment in a packed courtroom, also said that Karti shall not leave the country without its permission. Karti was on Friday given bail by the ...

After relief in the INX Media case, Karti Chidambaram on Friday filed an anticipatory bail plea in connection with the Aircel-Maxis case against the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED).The case relates to the ...

The Supreme Court on Tuesday sought a report from the Enforcement Directorate (ED">ED) on the Aircel-Maxis case by March 8. The Apex Court has further adjourned the matter for March 8. A bench of the top Court, headed by Justice Arun Mishra, was hearing the ...

Bloomberg THE company of Malaysian tycoon T Ananda Krishnan (in pic) is poised to lose a total of about $7 billion from a failed 12-year foray in the Indian wireless market, marking his biggest hit on a soured investment, people with knowledge of the matter ...

March is an important month for the business community, as a new financial year starts at the end of it, and new beginnings are planned. For the telecom industry, the month has begun on a sad note. India’s 6th largest telecom company Aircel has finally ...

Aircel, the bankrupt telecom firm, is now facing severe monetary issues and is gasping for air as lenders are knocking at their doors for recovering money. Overall, Aircel has combined debt of Rs 50,000 crore, and the lenders are becoming restless. Meanwhile, ...

Aircel has become the latest victim in the highly-competitive telecom market in the country with the operator along with its units Aircel Cellular and Dishnet Wireless filing for bankruptcy in the National Companies Law Tribunal (NCLT), Mumbai after its ...

As per incoming reports, Aircel has become 4th telco to vanish off the radar, after brutal Jio tsunami hit the Indian telecom sector. Unable to cope with the debt of Rs 15,000 crore, Aircel will soon file for bankruptcy, and maybe dissolve all their existing ...