INX media case: After court denies bail, what next for Chidambaram?

Senior Congress leader P Chidambaram suffered a major setback on Tuesday as the Delhi HC dismissed his anticipatory bail in the INX Media scam, paving way for the investigating agencies, CBI and ED, to arrest him.

The Delhi HC said the INX media case involving Chidambaram is a "classic case of money laundering" and it was of the prima facie opinion that his custodial interrogation is required for an effective investigation in the matter.