Bail pleas of Shahid Balwa & Asif Balwa dismissed
A Delhi court on Tuesday dismissed the bail pleas of Swan Telecom promoter Shahid Usman Balwa, his cousin Asif Balwa and their associate Rajeev Agarwal in the 2G spectrum allocation case.
Search Results: shahid balwa (34)
Realtor Shahid Balwa has Pak-China links
2G scam accused Shahid Balwa of DB Realty, whose dubious Pakistani and underworld connections are being probed, also allegedly had some Chinese links that raised security concerns within Indian agencies.
Shahid Balwa quits DB Realty following probe & interrogation
Shahid Balwa, a key figure in the telecom scandal that has shaken the government, has resigned as the head of his flagship real estate company, DB Realty. Balwa is vice-chairman of Gulf group Etisalat’s joint venture in the country and at 36 was the youngest billionaire on last year’s Forbes India rich list.
CM does a ‘U-Turn’ in Aldeia de Goa after meeting Balwa & Goenka
Initially the Chief Minister of Goa owing to the pressure brought on by the GBA decide to stand firm against the project and even got the Additional Collector – North Goa to issue of ‘Stop-Work’ order.
DB Realty banking on Balwa’s political clout to mess with Aldeia de Goa
A senior high ranking officer of a Central Intelligence agency revealed to this correspondent that in the investigations surrounding the assets of Shahid Balwa when the investigation stirred towards the DB Realty assets in Goa.
DB Realty ropes in Sr Goenka, Balwa
A day after its Managing Director Vinod Goenka was arrested in the 2G spectrum scam case on Wednesday, the controversial Mumbai-based real estate company DB Realty inducted his father, K M Goenka, as a Non-Executive Director.
Balwa’s resignation led to DB Realty’s shares nosediving a record low
Shares in developer DB Realty hit a record low on Monday after its Managing Director Shahid Balwa, embroiled in a widening telecom corruption investigation, resigned from his position.
DB Realty Goa project: missing files & political ties
The on-going investigations by CBI into the various business enterprises and real estate assets of 2G Scam accused Shahid Balwa of DB Realty is to now bring the controversial project into the eye of the storm.
IL&FS direct beneficiary in DB Realty
The IL&FS has LIC of India, State Bank of India, Central Bank of India, HDFC Bank as prominent shareholders. As per the reports IL&FS owned 4.05 per cent stake in Shahid Balwa’s DB Realty.
DB Realty’s Srinagar deal cancelled
Civil Aviation Minister Vyalar Ravi has cancelled the lease contract of Srinagar’s Centaur Hotel which was allotted to DB Realty, the company of Shahid Balwa.