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Latest Articles in sahara group

SEBI 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.

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Bombay 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

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Complaints 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)

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Aamby 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

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Subrata 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

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Sahara 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

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Sahara 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

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Will 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

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Supreme 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

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Supreme 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

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Kolkata-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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Supreme Court Cancels Subrata Roy's Bail, Orders That He Be Sent To Jail

The court asked Sahara chief to deposit Rs 300 crore to be allowed to remain on bail; the apex court on September 2 asked Sahara Group to disclose from where it raised Rs 25,000 crore

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Sahara Rejects $1.3 Billion Offer For Hotels

Subrata Roy's crisis-hit group says the new bid is 'a devious attempt to benchmark the price much lower than the actual market value of the properties in order to ruin the market'

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New Suitor Offers $1.3 Billion For Sahara's Overseas Hotels

Scurrying for funds, embattled Sahara group has got a $1.3 billion offer from a new suitor for its three prized overseas hotels including the Grosvenor House and Park Plaza

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Sahara Auction: Sebi Adds 16 New Parcels, Bid Price Rs 1,245 Crore

This has taken the total number of properties of the beleaguered group to be auctioned to 42 with a combined reserve price of Rs 4,345 crore

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