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Essar's Ravi Ruia gets bail in 2G case
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  • Essar's Ravi Ruia gets bail in 2G case

Essar's Ravi Ruia gets bail in 2G case

FP Archives • December 20, 2014, 08:40:09 IST
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A special court on Friday granted bail to five corporate executives, including billionaire Ravi Ruia of the Essar conglomerate.

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Essar's Ravi Ruia gets bail in 2G case

[caption id=“attachment_321383” align=“alignleft” width=“380” caption=“AFP”] ![](https://images.firstpost.com/wp-content/uploads/2012/05/RaviRuia_AFP_380x255.jpg "INDIA-ECONOMY-VODAFONE-ESSAR") [/caption]

A special court on Friday granted bail to five corporate executives, including billionaire Ravi Ruia of the Essar conglomerate, charged in a case as part of a probe into a massive telecoms licensing scandal that has drawn in tycoons and a former minister.

The court in New Delhi, which is hearing the case over alleged rigging in the grant of second-generation radio airwaves to carriers in a 2008 state sale, allowed bail pleas of Ruia, his nephew, and a senior Essar group executive.

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The court also granted bail to two of the owners of mobile carrier Loop Telecom.

Reuters

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Essar Group NewsTracker Essar Ravi Ruia Loop Telecommunication International Inc.
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