Shahid Balwa

Bombay HC admits Etisalat plea for winding up of telecom JV with DB group

Justice S J Kathawalla passed the order earlier this week while hearing a petition filed by UAE government controlled Etisalat Mauritius Ltd, seeking to wind up the joint venture company on account of quashing of the 2G licenses by the Supreme Court and a "dysfunctional" board of directors.<br /><br />

2G:CBI opposes Balwa plea, says he travelled abroad without permission

The agency made this statement in the court when Balwa's counsel Vijay Aggarwal moved an application seeking exemption from personal appearance from September 2 to September 6 on grounds of "emergency".<br /><br />

2G collusion: Balwa questioned by CBI, says unaware of any conversation

Swan and DB Realty promoter Shahid Balwa was on Wednesday question by the CBI in New Delhi for over four hours.

JPC report may be delayed, DMK wants Raja as witness

DMK today insisted on calling Raja and Swan Telecom's Shahid Balwa.

2G shocker: CBI prosecutor found colluding with accused

The taped conversation also records the prosecution lawyer of detailing out to the accused what he has been briefing to the senior officers of CBI.

Etisalat starts winding up Indian operations

Etisalat said it was no longer possible for EDB to continue its telecommunications operations since there is a lack of capital and the commercial position.

2G fraud: Etisalat sues Swan Tele's Goenka, Balwa

On Wednesday, Etisalat said that it was shutting down its Indian operations following the Supreme Court's decision to cancel its licences.Etisalat said this decision has been taken to protect the interests of its stakeholders and avoid incurring further costs.

'Bribe' to Kalaignar TV: Delhi HC issues notice to Centre, ED

The ED had, on 9 March, 2010, based on the charge sheet in the 2G spectrum allocation scam, ordered attachment of the properties of five companies.

DB Realty gains after reappointing 2G accused founders

The Supreme Court had granted bail to both Vinod Goenka and Shahid Balwa charged in a telecom licencing scandal.

2G spectrum is not my property: Swan's Balwa

The arguments on behalf of Shahid Balwa remained inconclusive and would continue on October 12.