Sahara India

From Satya to Choked, the Journey of Anurag Kashyap

Akhil Arora | Thursday June 4, 2020

Anurag Kashyap takes Gadgets 360 through all his movies, from the highs of Gangs of Wasseypur to the lows of a seven-year run of five failed films. His new film Choked, on Netflix, is a further step in the evolution of Kashyap.

Sahara Group To Sell Electric Vehicles Under New Brand Sahara Evols

Reported by Seshan Vijayraghvan, Written by CarandBike Team (With Inputs from PTI) | Thursday June 6, 2019

Sahara Group has announced its foray into the automobile sector under the brand name 'Sahara Evols'. The business venture will offer a wide range of electric vehicles (EVs) along with advanced allied services.

Qatar To Buy Sahara's New York Plaza Hotel For $600 Million: Source

World News | Reuters | Tuesday July 3, 2018

The tiny but ultra-rich Gulf state of Qatar has agreed to buy one of New York's most iconic buildings, the Plaza Hotel, for around $600 million, adding a development that was once owned by U.S. President Donald Trump to its luxury property portfolio

Sahara Gets Relief, Fresh Hearing Ordered On Transfer Of Insurance Unit

Business | Press Trust of India | Thursday January 11, 2018

Irdai on July 28, 2017 had ordered the transfer of the life insurance portfolio of Sahara India Life to ICICI Prudential Life with a view to protect the interests of policyholders of the embattled life insurer.

Sahara's Aamby Valley Set To Go On Auction In October, Says Supreme Court

Business | A Vaidyanathan | Monday September 11, 2017

Spread over 8,900 acres, Aamby Valley is Sahara's flagship project comprising luxury resorts and an airport and valued at around Rs 38,000 crore.

Evaluating Sahara Life For Take-Over: ICICI Prudential Life

Business | Indo-Asian News Service | Wednesday July 5, 2017

Operations of Sahara India Life, a unit of Sahara Group, was taken over by Irdai on 12 June.

Regulator Bars Sahara From Selling Life Insurance Policies

Business | Indo-Asian News Service | Friday June 23, 2017

The regulator on June 12, in a first order of its kind, appointed an administrator to manage the affairs of Sahara India Life Insurance.

Insurance Regulator Takes Over Management Of Sahara Life Insurance

Business | Press Trust of India | Monday June 12, 2017

The regulator said it has "reasons" to believe that Sahara India Life Insurance Company "is acting in a manner likely to be prejudicial to the interest of holders of life insurance policies".

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.

SEBI vs Sahara India Case: Auction Aamby Valley, Says Supreme Court As Subrata Roy Fails To Pay Up

India News | Reported by A Vaidyanathan, Edited by Shuchi Shukla | Monday April 17, 2017

The Supreme Court has ordered that the Sahara's luxurious 8,900-acre Aamby Valley City near Pune be auctioned as the group's chief Subrata Roy has failed to deposit Rs 5092.6 crore with markets regulator SEBI to refund investors. The property in Lonavla is valued at Rs 39,000 crore.

Sahara Arm Asked To Deposit Rs 3.5 Crore For Delay In Delivery Of Flats

Business | Press Trust of India | Monday September 5, 2016

The Supreme Court on Monday directed Sahara India Commercial Corporation Limited (SICCL) to deposit Rs 3.5 crore to pay back investors who had bought flats in its Gurgaon project but did not receive possession on time.

Regulator Warns Sahara India Life Insurance For Non-Compliance

Business | Press Trust of India | Wednesday June 1, 2016

The Insurance Regulatory and Development Authority (IRDAI) has warned Sahara India Life Insurance Co for non-compliance of 'expenses of management' (EoM) norms and asked it to bring the expenditure levels within the limits by the end of 2016-17.

Mortal Remains Of Subrata Roy's Mother Consigned To Flames

India News | Press Trust of India | Sunday May 8, 2016

The last rites of Chhabi Roy, mother of Sahara India group chief, Subrata Roy Sahara, were performed at the Baikunth Dham in Lucknow on Saturday evening.

Sahara India Retain Lucknow Franchise in Indian Badminton League

Written by Press Trust of India | Tuesday October 20, 2015

Indian Badminton League is being organised this year, after a gap of two seasons.

RBI Cancels Registration Certificate of Sahara India Financial Corporation

Business | NDTV | Monday September 14, 2015

The Reserve Bank of India (RBI) on Monday cancelled the certificate of registration of Sahara India Financial Corporation under the RBI Act.