DB Realty and Unitech shares rise after top executives post bail in 2G scam

Stocks DB Real Estate as well as Unitech grew after the top managers of these companies were released on bail in a 2G fraud case. DB Realty shares rose 40% and Unitech shares rose 4%. However, some of the internal problems that these companies suffer from and uncertainty about the results 2G scam may prevent any significant appreciation of the share price. Curtailment of projects with government…

2G scam: HC asks ED to respond to firm’s plea for release of attached properties

NEW DELHI: The Delhi High Court Monday sought response of the Enforcement Directorate (ED) on a plea by a firm, which was acquitted in the 2G scam related money laundering case along with former telecom minister A Raja and others, seeking to release its properties worth Rs 22 crore attached by the agency.

Justice Brijesh Sethi, who was conducting hearing through video conferencing, issued notice…

Always the bridesmaid and never the bride, Ananth Kumar was, at best, one of the builders of BJP in Karnataka; a power broker like Pramod Mahajan

Union minister and Bangalore South MP Ananth Kumar’s premature demise at the age of 59 will hog the news headlines, at least in Karnataka, for the next few hours.

Adjectives will pour forth in a torrent from his colleagues, compatriots, commentators and constituents as they try to make sense of the brutality of the grim reaper.

That is as it should be.

Speaking uncritically of the dead is a…

2G scam: UPA victim of lies, failed to stand up and defend itself: Kapil Sibal | India News

NEW DELHI: Four years after the UPA was ousted from office, senior Congress leader and lawyer Kapil Sibal says the then CAG Vinod Rai exceeded his brief in alleging a scam in the allocation of 2G spectrum contracts to the tune of Rs 1.76 lakh crore. The subsequent scam storm was one of the reasons the UPA lost the “battle of perception” in 2014, according to him.

In a new book titled ‘Shades of…

ysrcp-leader-ambati-ramababu-fires-on-bjp #ambatirambabu #ysrcp #pdaccounts #andhracmchandrababu #bjp #gvlnarasimharao #2gscam #koradanews

ఏపీలో రాజకీయం మరోసారి వేడెక్కింది. బీజేపీ నాయకులు చేసిన వ్యాఖ్యలు రాజకీయాలను వేడెక్కించాయి. బీజేపీ నేత చేసిన ఆరోపణలను వైసీపీ తమకు అనుకూలంగా మలుచుకునే పనిలో పడింది. ఆ ఆరోపణల ద్వారా సీఎం చంద్రబాబు నాయుడిని ఇరుకున పెట్టాలని చూస్తోంది.

  ఏపీలో రూ. 53వేల కోట్లు దారిమళ్లాయని, టీడీపీ ప్రభుత్వం ఈ మేరకు సొమ్మును 58 వేల పీడీ అకౌంట్లలోకి మళ్లించి.. దేశంలోనే అతి పెద్ద కుంభకోణానికి పాల్పడిందని బీజేపీ ఎంపీ…

Supreme Court: CBI, Enforcement Directorate (ED) to close all 2G scam related cases in 6 months

New Delhi, Mar 12 The Supreme Court has directed the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) to finish probes and close all cases related to the 2G scam within six months.

In the wake of hearing the case for near seven years, a Special CBI Court, on December 21, 2017, vindicated DMK pioneers A Raja, Kanimozhi and 15 other blamed for the situation.

Prior, in an…