 "Former Telecom minister A Raja waves at his supporters after he was acquitted by a special court in the 2G scam case, in New Delhi")
Shares of companies linked to the 2G spectrum scam case surged up to 20 per cent today after a special court acquitted all the accused.
Unitech surged 11.86 per cent, D B Realty 19.89 per cent, Reliance Communications 4.05 per cent and Sun TV Network 4.51 per cent on the BSE.
Former telecom minister A Raja and DMK MP Kanimozhi were today acquitted by a special court in the 2G spectrum scam case. Fifteen other accused in the case and three companies were also set free.
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Others acquitted in the case are former telecom secretary Siddharth Behura, Raja's erstwhile private secretary R K Chandolia, Swan Telecom promoters Shahid Usman Balwa and Vinod Goenka, Unitech Ltd MD Sanjay Chandra and three top executives of Reliance Anil Dhirubhai Ambani Group (RADAG) -- Gautam Doshi, Surendra Pipara and Hari Nair.
Besides them, three telecom firms -- Swan Telecom Pvt Ltd (STPL), Reliance Telecom Ltd and Unitech Wireless (Tamil Nadu) Ltd -- were acquitted in the case.
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