Articles about Aircel

News articles

19 Dec 2018

Aircel-Maxis case: P Chidambaram summoned by ED

Former Union Minister and senior Congress leader P Chidambaram, was on Wednesday summoned by the Enforcement Directorate in the Aircel-Maxis case, ANI reports.

20 Jun 2018

#AircelMaxisCase: SC judge recuses from hearing Subramanian Swamy's plea

A Supreme Court judge recused herself from hearing BJP leader Subramanian Swamy's plea seeking to implead himself as a party in a case related to probe into alleged disproportionate assets of ED officer Rajeshwar Singh, who is investigating the Aircel-Maxis deal case.

12 Jun 2018

Aircel-Maxis: Chidambaram summoned by ED for second round of questioning

Former Finance Minister P Chidambaram today reached the ED headquarters in Delhi for the second round of questioning in the Aircel-Maxis case.

05 Jun 2018

Aircel-Maxis: No arrest for Chidambaram till July-10, but summons tomorrow

Five days after former finance minister P Chidambaram sought relief in the Aircel-Maxis case, a Delhi court today granted him protection from arrest till July 10.

09 Mar 2018

Here's how you can port your Aircel number

Aircel has recently filed for bankruptcy and prepares to shut down its services in India.

28 Feb 2018

Troubled telco Aircel files for bankruptcy in NCLT Mumbai

Telecom operator Aircel said it has filed for bankruptcy as it has been facing "troubled times" in "highly financially stressed" industry. The filing was made in National Company Law Tribunal Mumbai.

24 Feb 2018

Chidambaram approaches SC seeking "fundamental-rights" protection amid CBI, ED raids

Senior Congress leader and former Finance Minister P Chidambaram moved the Supreme Court seeking protection of his fundamental rights, following the raids and summons to his son Karti by CBI and Enforcement Directorate.

19 Feb 2018

Debt-ridden Aircel to file for bankruptcy, exit market soon

It looks like Aircel is in deep water as it's soon going to file for bankruptcy at National Company Law Tribunal (NCLT), according to ET.

04 Oct 2017

CBI: Karti tampered with evidence during visits abroad

The CBI has alleged in the SC that Karti Chidambaram, former FM P Chidambaram's son, has tampered with evidence related to an alleged corruption case by closing foreign bank accounts when he went abroad this year.

02 Oct 2017

RCom cancels merger with Aircel, says it was mutual

Due to the disruption caused by Jio in the already financially strained telecom sector, some players decided to merge in order to survive.

25 Sep 2017

ED attaches Karti Chidambaram's assets worth Rs. 1.16 crore

The Enforcement Directorate (ED) has attached bank assets worth Rs. 1.16 crore belonging to Karti Chidambaram over the alleged money laundering in the Aircel-Maxis case.

29 Jul 2017

Reliance Jio Effect: Telecom operators roll out cheap data plans

When Reliance Jio launched last year, it took the telecom sector by storm.

02 Jun 2017

Anil Ambani: RCom-Aircel merged entity to be called Aircom

In his media briefing today, Anil Ambani announced that the merged entity of RCom and Aircel has been named Aircom. RCom will hold 50% stake in the newly formed company.

17 Apr 2017

ED sends notice to Karti Chidambaram for Forex violation

The Enforcement Directorate has issued a show-cause notice to M/s Advantage Strategic Consulting Private Limited and Karti Chidambaram for alleged forex violations of Rs. 45 crore during the sale of shares of a company to overseas investors.

03 Apr 2017

ED submits report on Chidambaram's role in Aircel-Maxis case

The Enforcement Directorate has submitted its report on P Chidambaram's alleged violation of the Foreign Investment Promotion Board's rules in the Aircel-Maxis case.

21 Mar 2017

CCI approves de-merger of wireless division, says RCom

Reliance Communications has said the Competition Commission of India has approved the de-merger of its wireless division into Aircel Ltd and Dishnet Wireless Ltd.