SC ordered Anil Ambani to pay fine Rs.453 cr

SC ordered Anil Ambani to pay fine Rs.453 cr Supreme court ordered Anil Ambani to pay Rs.453 crore to Ericsson within four weeks. In case of failure to pay, Chairperson Anil Ambani who gave undertaking will have to suffer three months imprisonment. Additionally, one crore fine imposed on each of the companies to be…

Rahul says ‘Corrupt’ PM helped Ambani

Rahul says ‘Corrupt’ PM helped Ambani Firing a fresh salvo at Prime Minister Narendra Modi over the Rafale deal, Congress president Rahul Gandhi alleged on Thursday that he was a “corrupt man” who helped Anil Ambani pocket Rs 30,000 crore in the purchase of the fighter aircraft. The Congress president…

Aircel spectrum to be seized if Maxis owners don’t appear in 2 weeks: Supreme Court

The Supreme Court has proposed to seize and transfer the 2G licence granted to Aircel to some other entity if the owner of Maxis, Malaysia-based Anantha Krishnan, does not appear in court within two weeks.  A Bench headed by Chief Justice JS Khehar also restrained the transfer of 2G spectrum originally granted…