CBI to examine Ratan Tata and Cyrus Mistry of Tata Sons

Image
Press Trust of India New Delhi
Last Updated : Apr 03 2014 | 9:44 PM IST
CBI will examine Tata Sons' former Chairman Ratan Tata and its current Chief Cyrus Mistry in connection with the agency's ongoing preliminary enquiries relating to intercepted communications of corporate lobbyist Niira Radia.
CBI sources said today the agency would seek clarifications from Tata and Mistry as the agency has named Tata group in two enquiries registered by it arising out of intercepted telephonic calls of Radia. The sources said the clarifications would be sought soon.
"We don't have any information on this. We do not know about this," a Tata Sons spokesperson said when asked to comment on the CBI move.
The matter related to supply of low floor buses by Tata Motors to Government of Tamil Nadu under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme of Government of India is under enquiry by Chennai branch of CBI.
The allotment of iron ore mines at Ankua, Singhbhum district of Jharkhand to Tata steel is also being enquired into, they said.
They said although the agency has so far not found any criminality in its enquiries but it will seek clarification from Tata and Mistry over some issues regarding tapped conversations where references were made about these deals.
They said a journalist from a TV channel and a senior executive of a leading newspaper group have already been examined by the agency.
Besides, executives of Reliance, Unitech and Tata Motors have also been examined by the agency in connection with its enquiries.
CBI has registered 14 preliminary enquiries into issues of alleged corruption arising in the communications of Radia intercepted by the Income Tax department.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 03 2014 | 9:44 PM IST

Next Story