Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Aircel-Maxis deal case: Charge sheet against Dayanidhi Maran now in Narendra Modi court

May 23 2014, 22:03 IST
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CBI had started preliminary inquiry into the Aircel-Maxis case on Jan 4, 2011. Reuters CBI had started preliminary inquiry into the Aircel-Maxis case on Jan 4, 2011. Reuters
SummaryAircel-Maxis deal allegedly involving Dayanidhi Maran surfaced during probe in 2G scam.

which CBI requested the Law Ministry to get an opinion from the Solicitor General.

According to CBI manual, in case of difference of opinion between CBI director and Director of Prosecution, opinion of Attorney General is taken.

CBI had earlier this month informed the Supreme Court that there has been difference of opinion among its officers on filing charge sheet in the Aircel-Maxis deal allegedly involving Maran, which surfaced during the probe in the 2G spectrum scam and said that matter has been referred to the Attorney General for his opinion.

The agency had filed its status report in a sealed envelope on the Aircel-Maxis deal explaining reason for delay in filing the charge sheet. The bench after going through the report said that it would wait for AG's opinion on the issue before holding further proceedings.

CBI had started preliminary inquiry into the deal on January 4, 2011 and nine months later on October 9 had registered the FIR.

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