Sahara India


'Sahara India' - 113 News Result(s)

'Sahara India' - 15 Video Result(s)

'Sahara India' - 113 News Result(s)

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

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

    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

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

    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

    Evaluating Sahara Life For Take-Over: ICICI Prudential Life

    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

    Regulator Bars Sahara From Selling Life Insurance Policies

    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

    Insurance Regulator Takes Over Management Of Sahara Life Insurance

    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

    Big Setback For Sahara, Supreme Court Orders Auction Of Aamby Valley

    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

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

    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

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

    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

    Regulator Warns Sahara India Life Insurance For Non-Compliance

    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

    Mortal Remains Of Subrata Roy's Mother Consigned To Flames

    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

    Sahara India Retain Lucknow Franchise in Indian Badminton League

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

  • RBI Cancels Registration Certificate of Sahara India Financial Corporation

    RBI Cancels Registration Certificate of Sahara India Financial Corporation

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

  • Court Extends Stay of Proceedings Against Sahara Chief in Tax Case

    Court Extends Stay of Proceedings Against Sahara Chief in Tax Case

    The Delhi High Court on Monday extended till July 2 trial court proceedings against Sahara chief Subrata Roy, now lodged in Tihar Jail, in an income tax case for allegedly not filing returns for a group company for assessment year 2013-14.

  • Sebi Makes Fresh Bid to Find Sahara Investors for Refunds

    Sebi Makes Fresh Bid to Find Sahara Investors for Refunds

    Making a fresh bid to locate Sahara investors eligible for refunds, the Securities and Exchange Board of India (Sebi) has asked the bondholders of two Sahara firms to submit their claims along with the proof of investments.

  • More Trouble for Sahara, Court Fiat on Diversion of Funds

    More Trouble for Sahara, Court Fiat on Diversion of Funds

    Facing tough times in its attempt to get its chief Subrata Roy out of jail, Sahara Group on Tuesday landed in a soup again as the Supreme Court asked it to explain how it encashed securities, deposited with the Reserve Bank of India (RBI), and diverted them to pay depositors to the tune of Rs 484 crore without the court's nod.

  • Sebi Makes Fresh Bid to Find Sahara Investors

    Sebi Makes Fresh Bid to Find Sahara Investors

    In a fresh effort to locate Sahara investors eligible for refunds, the Securities and Exchange Board of India (Sebi) has asked bondholders to submit their claims by next month along with necessary proof of their investments.

  • Special Court to Hear Sebi Matters Likely Soon

    Special Court to Hear Sebi Matters Likely Soon

    To fast track prosecution and investigations initiated by the Securities and Exchange Board of India (Sebi) against defaulters, a special court may be set up soon to hear such cases as the regulator has taken up this matter with the government and judiciary.

  • Sebi Makes Fresh Bid to Find Sahara Investors; Sets Deadline

    Sebi Makes Fresh Bid to Find Sahara Investors; Sets Deadline

    Those having invested in various bonds issued by two Sahara firms, Sahara India Real Estate Corp Ltd (SIRECL) and Sahara Housing Investment Corp Ltd (SHICL) have been asked by Sebi to submit their refund applications along with necessary documentary proof by September 30, 2014.

  • Regulator Fines Sahara India Life Insurance for Violating Norms

    Regulator Fines Sahara India Life Insurance for Violating Norms

    The Insurance Regulatory and Development Authority (Irda) has imposed a penalty of Rs 5 lakh on Sahara India Life Insurance Company Ltd for non-compliance of social sector obligations in 2012-13.

  • Sahara Group Residential Project Sold to Ahmedabad-based Firm

    Sahara Group Residential Project Sold to Ahmedabad-based Firm

    In a bid to arrange money for imprisoned Sahara India chief Subrata Roy's release, the group has sold approximately 4.21 lakh square metres of land belonging to its residential scheme 'Sahara City' in Ahmedabad to city-based developers for a sum of Rs 464 crore.

  • Sahara Is Big Pariwar, They Can Manage, Say Judges Refusing Bail For Jailed Chief

    Sahara Is Big Pariwar, They Can Manage, Say Judges Refusing Bail For Jailed Chief

    Sahara said it is willing to sell hotels located in New York and London to raise the amount needed to secure the release of its chairman, who was arrested in February 28.

  • Supreme Court Likely to Deliver Verdict on Subrata Roy Plea on Tuesday

    Supreme Court Likely to Deliver Verdict on Subrata Roy Plea on Tuesday

    The Supreme Court is likely to deliver its verdict on Sahara Chief Subrata Roy's petition on Tuesday, challenging its decision to send him to jail for not complying with its order to deposit around Rs. 20,000 crore of investors' money with the Securities and Exchange Board of India (SEBI).

  • March salary for Sahara staff may get delayed: report

    March salary for Sahara staff may get delayed: report

    Under pressure from a long-running investor refund battle with market regulator Securities and Exchange Board of India (Sebi), the Sahara group has informed its staff that their salaries may get delayed due to the prevailing adverse situation, according to PTI.

  • Sahara chief Subrata Roy spends first night at Tihar as 'ordinary prisoner'

    Sahara chief Subrata Roy spends first night at Tihar as 'ordinary prisoner'

    Sahara chief Subrata Roy, who has been sent to judicial custody for a week by the Supreme Court, spent his first night at Delhi's Tihar Jail as an "ordinary prisoner" yesterday. Jail officials had yesterday said he would be kept at the prion's Jail No. 3 where he will sleep on the floor and eat jail food.

  • Subrata Roy to sleep on floor at Tihar, eat jail food

    Subrata Roy to sleep on floor at Tihar, eat jail food

    Sahara chief Subrata Roy, who was sent in judicial custody for a week in Delhi by the Supreme Court today, will be kept in high-security Tihar prison where he will sleep on the floor and eat jail food like an ordinary prisoner.

  • Sahara Housingfina stock slumps 3%

    Sahara Housingfina stock slumps 3%

    Shares of Sahara Housingfina Corporation today fell over three per cent as Sahara Group chief Subrata Roy, who was arrested on Friday, appeared in the Supreme Court.

  • Who is Subrata Roy? 10-point cheat-sheet

    Who is Subrata Roy? 10-point cheat-sheet

    Sahara chairman Subrata Roy will remain in police custody till the next hearing, the Supreme Court ruled today. Mr Roy unconditionally apologised for not appearing in the Supreme court last week. He was arrested on Friday after failing to appear at a hearing - which he says he missed to attend to his ailing mother - related to a multi-billion-doll...

  • Who is Subrata Roy? 10-point cheat-sheet

    Who is Subrata Roy? 10-point cheat-sheet

    Subrata Roy, the chief of the Sahara conglomerate, will remain in police custody till the next hearing in a case related to refunding investors, the Supreme Court ruled on Tuesday. Roy was arrested on Friday after failing to appear at a Supreme Court hearing, which he says he missed to attend to his ailing mother.

  • Sebi relies on Sahara order to nail fraudsters

    Sebi relies on Sahara order to nail fraudsters

    Citing the apex court order in Sahara case, Sebi has passed orders against at least five companies and 21 individuals charged with collecting thousands of crores fraudulently through issuance of bond instruments like OFCDs, RPSs, CPSs and art funds.

  • Sahara justifies cash dealings, blames Sebi for refund delay

    Sahara justifies cash dealings, blames Sebi for refund delay

    Under fire for claiming it has refunded thousands of crores of rupees to investors in cash, the Sahara Group on Wednesday said such large-scale dealings were possible with its vast network of branches.

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