Essar-Loop case: Court allows Ravi Ruia to travel abroad

The court allowed his plea observing that Ruia has earlier been permitted to travel abroad on numerous occasions and has complied with all the conditions imposed upon him.

Loop Telecom Ltd 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.

Transactions involving Loop Telecom funded by Essar: CBI

Continuing final arguments in the case arising out of the investigation in 2G spectrum allocation scam, Special Public Prosecutor Anand Grover said as per the documents on record, the money trail originated from various firms of Essar Group.

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

Loop Telecom Ltd (LTL) was "used" by Essar Group of companies to acquire 2G spectrum licences by "circumventing" the procedures, the CBI on Wednesday argued before a special court.

DoT seeks time to file reply on Loop Telecom's plea

Department of Telecommunication (DoT) on Tuesday sought six weeks from a special court to file its response on a plea by Loop Telecom Ltd, facing trial in a case relating to the probe into the 2G spectrum allocation scam, for referring the matter to the Lok Adalat.

Essar-Loop case: Court to hear final arguments from January 16

A special court on Thursday said that it would hear from January 16 next year the final arguments in a case arising out of the probe into the 2G spectrum allocation scam allegedly involving promoters of Essar Group, Loop Telecom and others.

Loop seeks time till Oct 31 to comply with Trai directions

Mumbai-based Loop Mobile has sought time till October 31 to comply with telecom regulator Trai's direction of informing all its customers about closure of services.

Essar-Loop case: Court to hear final arguments from Nov 20

A special court Monday concluded recording of defence evidence in a case arising out of the probe into the 2G spectrum allocation scam allegedly involving promoters of Essar Group, Loop Telecom and others and fixed the matter for commencement of final arguments on November 20.

Loop Mobile, Loop Tele owe Rs 808 cr to govt: DoT

The government has estimated that Khaitan Group's telecom companies Loop Mobile and Loop Telecom owe about Rs 808 crore in spectrum and other charges to the DoT, which is likely to start recovery proceedings soon.

DoT may withdraw penalty on Loop Telecom

According to sources, a senior advocate has opined that DoT cannot levy the penalty as it would be contempt of court.

2G: Essar Group, Loop Telecom to answer 645 queries

Promoters of Essar Group and Loop Telecom, facing trial in a case arising out of the probe into 2G spectrum allocation scam, will have to face 645 questions of a Delhi court.

2G: DoT seeks time to file reply on Loop's plea

The telecom department Thursday sought more time from a Delhi court for filing its reply on a plea filed by Loop Telecom seeking directions for referring the matter to Lok Adalat for "settlement" in a case arising out of the 2G probe.

Loop Mobile to participate in auction for licence renewal

Despite Loop Mobile's legal tussle with the government, Khaitan Holdings Mauritius Ltd (KHML) -- the foreign investor in the company -- has indicated that it may participate in the third round of spectrum auction that is expected to be held by January.

Loop's investor files int'l arbitration against Indian govt

Loop Telecom's investor KHML has filed international arbitration against Indian government seeking damages of over USD 1 billion for 2G licences in which it had invested and were cancelled by Supreme Court on February 2, 2012.

DoT tells Vodafone, Loop their licences cannot be extended

Department of Telecommunications is learnt to have told Vodafone and Loop Telecom that their licences cannot be extended and they will need to bid for airwaves to continue their services.

SC seeks DoT's response on plea against show cause to Loop

Loop Telecom was one of the company whose licences for 2G spectrum was quashed by the apex court's February 2, 2012 judgement.

Telecom firms' licence renewal be decided in 2 wks: DoT to HC

"The government will decide their applications (for renewal of licences) within two weeks as per the law," Additional Solicitor General (ASG) A S Chandhiok told a bench of Justice Rajiv Shakdher.

TDSAT to decide on Loop's plea against Airtel on SMS agreement

The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) rejected the plea of Bharti Airtel and held that it has power to look into the agreement signed by the two operators.

2G case: CBI witness contradicts statement

During recording of the statement, Sangeeta Lakhi, who is associated with a law firm and was also on the board of directors of some Loop (rpt Loop) group companies, said she used to receive instructions from I P Khaitan and Kiran Khaitan, the promoters of Loop Telecom and accused in the case, regarding Santa Trading (P) Limited (STPL), which, according to the CBI, was controlled by Essar.

Govt to begin 2G telecom spectrum auction on Monday

The government will begin tomorrow the auction for telecom spectrum through which it is hoping to meet Rs 40,000 crore revenue target.