Big Setback For Sahara, Supreme Court Orders Auction Of Aamby Valley
Business | Edited by Surajit Dasgupta | Monday April 17, 2017
Besides Mr Roy, two other directors - Ravi Shankar Dubey and Ashok Roy Choudhary - were arrested for failure of the group's two companies - Sahara India Real Estate Corporation (SIRECL) and Sahara Housing Investment Corp Ltd (SHICL) - to comply with the court's August 31, 2012 order to return Rs 24,000 crore to their investors.
Sahara Chief Shells Out Rs 31 Lakh for Tihar Jail Special Facilities: Report
Business | Friday October 31, 2014
Sahara group has paid Rs 31 lakh to Tihar Jail authorities as charges for the stay of its chief Subrata Roy in an air-conditioned facility and using services like phone, internet and video conferencing for 57 days to negotiate sale of his luxury hotels abroad.
Sahara Chief Shifted to Conference Room of Tihar Jail: Report
Business | Tuesday August 5, 2014
A number of people including the staff of Sahara chief Subrata Roy on Tuesday visited him at the conference room of Tihar Jail which has been declared "special jail" for negotiations with potential buyers of his overseas hotels to raise Rs 10,000 crore for his bail, according to sources.
Sahara Chief Roy to Raise Bail Money From Conference Room in Jail
Business | Monday August 4, 2014
Jailed Sahara chief Subrata Roy will move to a conference room in Tihar prison on Tuesday where he will have facilities like video conferencing, internet and phone so that he can negotiate with potential bidders for sale of his hotels abroad to raise Rs 10,000 crore for his bail.
Sahara Group stocks fall 5% as Subrata Roy, two directors sent to jail
Business | Wednesday March 5, 2014
Sahara One Media & Entertainment's scrip tanked 4.92 per cent to Rs 61.80 -- its lowest trading permissible limit for the day at the BSE.
Supreme Court accepts Sebi petition, to hear all Sahara cases now
Business | Thursday May 2, 2013
The Supreme Court today accepted Sebi's petition to hear all cases related to Sahara group. The next hearing is scheduled for May 8. The top court has stayed the proceedings in Securities Appellate Tribunal and Allahabad High Court in all pleas by Sahara and Subrata Roy against refunding Rs 24,000 crore to investors.
Supreme Court accuses Sahara of manipulating orders
Business | Monday April 22, 2013
The Supreme Court today pulled up the Sahara group and its chief, Subrata Roy, for not responding to a contempt plea filed against them by the Securities and Exchange Board of India (Sebi). The top court has given Sahara a week's time to file the reply. The next hearing is scheduled for May 2.
Sahara chief Subrata Roy meets with Sebi
Business | Wednesday April 10, 2013
Subrata Roy, the chief of the Sahara conglomerate, one of India's biggest groups, has been summoned today by market regulator Securities and Exchange Board of India (Sebi) today. Sahara group officials have not commented on whether Mr Roy and other executives will follow orders to meet with Sebi.
Supreme Court to hear Sebi plea against Sahara chief on April 22
Business | A Vaidyanathan | Thursday April 4, 2013
The Supreme Court will hear the Securities & Exchange Board of India's plea to initiate contempt action against Sahara chief Subrata Roy on 22 April.
Sebi cautions investors against dealings with Sahara
Business | Wednesday February 27, 2013
Close on the heels of ordering attachment of bank accounts, investments and all other assets of two Sahara group firms and their promoters, including group chief Subrata Roy, market watchdog Sebi on Friday cautioned the investors and general public against transacting with these companies and persons.
Sahara Housing Fina Corp, Sahara One stage smart recovery after early losses
Business | Friday February 15, 2013
Shares of Sahara Housing Fina Corporation and Sahara One Media & Entertainment today staged a smart recovery to end with gains after falling sharply in morning session on Sebi ordering accounts freezing and asset attachment in the Sahara investor refund case.
Big Setback For Sahara, Supreme Court Orders Auction Of Aamby Valley
Business | Edited by Surajit Dasgupta | Monday April 17, 2017
Besides Mr Roy, two other directors - Ravi Shankar Dubey and Ashok Roy Choudhary - were arrested for failure of the group's two companies - Sahara India Real Estate Corporation (SIRECL) and Sahara Housing Investment Corp Ltd (SHICL) - to comply with the court's August 31, 2012 order to return Rs 24,000 crore to their investors.
Sahara Chief Shells Out Rs 31 Lakh for Tihar Jail Special Facilities: Report
Business | Friday October 31, 2014
Sahara group has paid Rs 31 lakh to Tihar Jail authorities as charges for the stay of its chief Subrata Roy in an air-conditioned facility and using services like phone, internet and video conferencing for 57 days to negotiate sale of his luxury hotels abroad.
Sahara Chief Shifted to Conference Room of Tihar Jail: Report
Business | Tuesday August 5, 2014
A number of people including the staff of Sahara chief Subrata Roy on Tuesday visited him at the conference room of Tihar Jail which has been declared "special jail" for negotiations with potential buyers of his overseas hotels to raise Rs 10,000 crore for his bail, according to sources.
Sahara Chief Roy to Raise Bail Money From Conference Room in Jail
Business | Monday August 4, 2014
Jailed Sahara chief Subrata Roy will move to a conference room in Tihar prison on Tuesday where he will have facilities like video conferencing, internet and phone so that he can negotiate with potential bidders for sale of his hotels abroad to raise Rs 10,000 crore for his bail.
Sahara Group stocks fall 5% as Subrata Roy, two directors sent to jail
Business | Wednesday March 5, 2014
Sahara One Media & Entertainment's scrip tanked 4.92 per cent to Rs 61.80 -- its lowest trading permissible limit for the day at the BSE.
Supreme Court accepts Sebi petition, to hear all Sahara cases now
Business | Thursday May 2, 2013
The Supreme Court today accepted Sebi's petition to hear all cases related to Sahara group. The next hearing is scheduled for May 8. The top court has stayed the proceedings in Securities Appellate Tribunal and Allahabad High Court in all pleas by Sahara and Subrata Roy against refunding Rs 24,000 crore to investors.
Supreme Court accuses Sahara of manipulating orders
Business | Monday April 22, 2013
The Supreme Court today pulled up the Sahara group and its chief, Subrata Roy, for not responding to a contempt plea filed against them by the Securities and Exchange Board of India (Sebi). The top court has given Sahara a week's time to file the reply. The next hearing is scheduled for May 2.
Sahara chief Subrata Roy meets with Sebi
Business | Wednesday April 10, 2013
Subrata Roy, the chief of the Sahara conglomerate, one of India's biggest groups, has been summoned today by market regulator Securities and Exchange Board of India (Sebi) today. Sahara group officials have not commented on whether Mr Roy and other executives will follow orders to meet with Sebi.
Supreme Court to hear Sebi plea against Sahara chief on April 22
Business | A Vaidyanathan | Thursday April 4, 2013
The Supreme Court will hear the Securities & Exchange Board of India's plea to initiate contempt action against Sahara chief Subrata Roy on 22 April.
Sebi cautions investors against dealings with Sahara
Business | Wednesday February 27, 2013
Close on the heels of ordering attachment of bank accounts, investments and all other assets of two Sahara group firms and their promoters, including group chief Subrata Roy, market watchdog Sebi on Friday cautioned the investors and general public against transacting with these companies and persons.
Sahara Housing Fina Corp, Sahara One stage smart recovery after early losses
Business | Friday February 15, 2013
Shares of Sahara Housing Fina Corporation and Sahara One Media & Entertainment today staged a smart recovery to end with gains after falling sharply in morning session on Sebi ordering accounts freezing and asset attachment in the Sahara investor refund case.
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