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.
Big Setback For Sahara, Supreme Court Orders Auction Of Aamby Valley
Business | 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 relies on Sahara order to nail fraudsters
Business | Sunday February 23, 2014
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 approaches tribunal with fresh appeal against Sebi: report
Business | Tuesday December 17, 2013
Sahara group has approached the Securities Appellate Tribunal (SAT) with a fresh appeal against the Securities and Exchange Board of India (Sebi), challenging penalty proceedings initiated by the market regulator against Sahara India Real Estate Corporation Ltd (SIRECL).
Not even offered a cup of tea, says Sahara chief after Sebi appearance
Business | Thursday April 11, 2013
Subrata Roy, the chief of the Sahara conglomerate, one of India's biggest corporate groups, met with representatives of market regulator Securities and Exchange Board of India (Sebi) today in Mumbai to explain how the firm is refunding thousands of small investors, as ordered by the Supreme Court.
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.
HP High Court restrains Sahara Group from collecting money
Business | Tuesday March 26, 2013
In a fresh setback to Sahara, the Himachal Pradesh High Court on Monday restrained the Lucknow-based group and its entities from collecting money from the general public through any of the schemes floated by them.
Sebi summons Sahara chief Subrata Roy, 3 executives on April 10
Business | Wednesday March 27, 2013
Sahara Group chief Subrata Roy and three other executives of the company have been summoned by market regulator Securities and Exchange Board of India (Sebi) on April 10. It has asked Mr Roy to submit details of his assets, bank accounts and tax returns by April 8.
Supreme Court refuses to grant more time to Sahara to refund Rs 24,000 crore
Business | A Vaidyanathan | Monday February 25, 2013
The Supreme Court today dismissed a petition filed by the Sahara group seeking an extension of a deadline for depositing money and documents with market regulator Securities & Exchange Board of India (Sebi).
Supreme Court rejects Sahara plea to extend deadline for depositing money with SEBI
Business | Monday February 25, 2013
The Supreme Court dismissed a petition filed by the Sahara group seeking an extension in the deadline for depositing money and documents with the Securities & Exchange Board of India (Sebi). In December, the court had ordered Sahara to make an initial deposit of Rs 5,120 crore, another Rs 10,000 crore in the first week of January and the remainder ...
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.
No loans to troubled Sahara companies; has Rs 800 crore in deposits: SBI
Business | Thursday February 14, 2013
State Bank of India today said it does not have any exposure to Sahara group companies but have deposits of Rs 700-800 crore from the firms.
Sebi freezes bank accounts of 2 Sahara firms, Subrata Roy; order based on old facts, says Sahara
Business | Thursday February 14, 2013
The Securities and Exchange Board of India (Sebi) has ordered a freeze on the assets and bank accounts of two Sahara Group companies, saying they had failed to heed a Supreme Court order to repay investors in a case involving more than Rs. 24,000 crore.
Sahara Group's plea to be listed in due course: Supreme Court
Business | Tuesday January 8, 2013
Sahara group of companies, which have been directed by the Supreme Court to refund Rs 24,000 crore with 15 per cent interest to its investors, today filed another application seeking extension of time till February 20 to submit documents related to debentures to SEBI.
Sahara appeal against Sebi dismissed by tribunal
Business | Thursday November 29, 2012
The Securities Appellate Tribunal today dismissed an appeal by two Sahara group firms against Sebi in the high-profile case involving refund of about Rs 24,000 crore with interest to about three crore investors.
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.
Big Setback For Sahara, Supreme Court Orders Auction Of Aamby Valley
Business | 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 relies on Sahara order to nail fraudsters
Business | Sunday February 23, 2014
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 approaches tribunal with fresh appeal against Sebi: report
Business | Tuesday December 17, 2013
Sahara group has approached the Securities Appellate Tribunal (SAT) with a fresh appeal against the Securities and Exchange Board of India (Sebi), challenging penalty proceedings initiated by the market regulator against Sahara India Real Estate Corporation Ltd (SIRECL).
Not even offered a cup of tea, says Sahara chief after Sebi appearance
Business | Thursday April 11, 2013
Subrata Roy, the chief of the Sahara conglomerate, one of India's biggest corporate groups, met with representatives of market regulator Securities and Exchange Board of India (Sebi) today in Mumbai to explain how the firm is refunding thousands of small investors, as ordered by the Supreme Court.
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.
HP High Court restrains Sahara Group from collecting money
Business | Tuesday March 26, 2013
In a fresh setback to Sahara, the Himachal Pradesh High Court on Monday restrained the Lucknow-based group and its entities from collecting money from the general public through any of the schemes floated by them.
Sebi summons Sahara chief Subrata Roy, 3 executives on April 10
Business | Wednesday March 27, 2013
Sahara Group chief Subrata Roy and three other executives of the company have been summoned by market regulator Securities and Exchange Board of India (Sebi) on April 10. It has asked Mr Roy to submit details of his assets, bank accounts and tax returns by April 8.
Supreme Court refuses to grant more time to Sahara to refund Rs 24,000 crore
Business | A Vaidyanathan | Monday February 25, 2013
The Supreme Court today dismissed a petition filed by the Sahara group seeking an extension of a deadline for depositing money and documents with market regulator Securities & Exchange Board of India (Sebi).
Supreme Court rejects Sahara plea to extend deadline for depositing money with SEBI
Business | Monday February 25, 2013
The Supreme Court dismissed a petition filed by the Sahara group seeking an extension in the deadline for depositing money and documents with the Securities & Exchange Board of India (Sebi). In December, the court had ordered Sahara to make an initial deposit of Rs 5,120 crore, another Rs 10,000 crore in the first week of January and the remainder ...
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.
No loans to troubled Sahara companies; has Rs 800 crore in deposits: SBI
Business | Thursday February 14, 2013
State Bank of India today said it does not have any exposure to Sahara group companies but have deposits of Rs 700-800 crore from the firms.
Sebi freezes bank accounts of 2 Sahara firms, Subrata Roy; order based on old facts, says Sahara
Business | Thursday February 14, 2013
The Securities and Exchange Board of India (Sebi) has ordered a freeze on the assets and bank accounts of two Sahara Group companies, saying they had failed to heed a Supreme Court order to repay investors in a case involving more than Rs. 24,000 crore.
Sahara Group's plea to be listed in due course: Supreme Court
Business | Tuesday January 8, 2013
Sahara group of companies, which have been directed by the Supreme Court to refund Rs 24,000 crore with 15 per cent interest to its investors, today filed another application seeking extension of time till February 20 to submit documents related to debentures to SEBI.
Sahara appeal against Sebi dismissed by tribunal
Business | Thursday November 29, 2012
The Securities Appellate Tribunal today dismissed an appeal by two Sahara group firms against Sebi in the high-profile case involving refund of about Rs 24,000 crore with interest to about three crore investors.
................................ Advertisement ................................
................................ Advertisement ................................
