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Latest Articles in sahara group
SEBI Recovers Rs 6.57 Cr In Debts From Sahara Group Firms, Subrata Roy
Sebi ordered the attachment of Sahara India Real Estate Corporation (now known as Sahara Commodity Services Corporation), Subrata Roy, Ashok Roy Choudhary, Ravi Shanker Dubey and Vandana Bharrgava's bank and demat accounts in December to recover 6.42 crore
Read MoreSahara Group Gets Rs 6.42 Cr Demand Notice From Sebi
The fresh notice came after the entities failed to pay the fine imposed on them by Sebi in June.
Read More9 Sahara Group Firms To Face Fraud Probe As SC Sets Aside HC Order
The apex court observed that the high court was "not justified" in staying the investigation in the matter
Read MoreOver Rs 24,000 Cr Funds Lying Unutilised With Sebi: Sahara
The group had paid back only Rs 129 crore to bondholders and that it was maintaining an escrow account with over Rs 23,000 crore.
Read MoreSEBI Demands $8.4 Billion From Sahara In Supreme Court petition
SEBI said that Sahara's non-compliance over eight years had caused the regulator "great inconvenience" and that those guilty of contempt should be taken into custody if they failed to deposit the amount.
Read MoreBombay HC Judges To Facilitate Auction Of Aamby Valley: SC
The Sahara Group had earlier sought 18 months to repay around Rs 9,000 crore balance of the principal amount of Rs 24,000 crore
Read MoreComplaints On Sahara, SEBI Top Grievances To Government
The pan-ministry study found that the bulk of the grievances related to the Department of Economic Affairs were on the National Spot Exchange Ltd (NSEL) scam and significant losses due to the levy of Commodity Transaction Tax (CTT)
Read MoreAamby Valley Auction Process Begins At Rs 37000 Crore Reserve Price
A Mauritius-based investor, Royale Partners Investment Fund, last week said it has offered to invest $1.67 billion (over Rs 10,700 crore) in Sahara group's Aamby Valley project
Read MoreSubrata Roy Meets Irdai Chief On Sahara Life; ICICI Prudential
Last month, the Irdai appointed an administrator to run the crippled Lucknow-based Sahara Life due to governance- related issues at the company
Read MoreSahara Group Firm To Pay Rs 1.43 Cr To Home Buyer For Delay
A Sahara Group company has been directed by the apex consumer body to refund over Rs 1.43 crore to a home buyer for its failure to give possession of a bungalow in one of its housing projects near Nagpur
Read MoreSahara In Talks For Sale Of Foreign Hotels, 30 Domestic Assets
The embattled Sahara group is in talks for sale of its three prized foreign hotels, while final bids are being evaluated for auction of its 30 domestic properties estimated at about Rs 7,500 crore
Read MoreWill Auction Aamby Valley If Rs 5,000 Crore Not Paid, Court Tells Sahara
A bench headed by Justice Dipak Misra also directed the international real estate firm, which had shown willingness to buy Sahara's stake in New York's Plaza Hotel for $550 million, to deposit Rs 750 crore in the SEBI-Sahara refund account instead of the apex court registry to show its bonafide
Read MoreSupreme Court Asks Sahara To Deposit Rs 5,092 Crore To Keep Roy Out Of Jail
The judges said the group can sell 13 out of the 15 properties mentioned in one of the lists to deposit the amount
Read MoreSupreme Court Orders Seizure Of Sahara's Aamby Valley Property
Lawyers for Sahara told the Supreme Court that they had deposited about Rs 11,000 crore with the capital markets regulator for the repayment, and owed another Rs 14,000 crore
Read MoreKolkata-Based Entrepreneur Likely To Acquire Sahara News Channels
The deal may not be a smooth one for Kaustuv Ray because of the restrictions imposed on Sahara by the Supreme Court, which is hearing a case related to Sahara chief Subrata Roy and their assets
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