Mallya has lived on the edge for long enough to know that his extradition from UK is not a given, says N Sundaresha Subramanian.
Star India Pvt. Ltd. was awarded the team sponsorship rights of the Indian team on Monday for a period of three years after Sahara's bid was declared ineligible by the BCCI in Chennai.
Sahara has ploughed at least Rs 1,500 crore from two of its credit cooperatives into the Aamby Valley resort project
Holding that it was playing "hide and seek" and cannot be trusted any more, the Supreme Court on Monday directed the Sahara group to hand over title deeds of its properties worth Rs 20,000 crore (Rs 200 billion) to SEBI warning that failure to comply would mean Subrata Roy cannot leave India.
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
'The entire explanation of the episode is difficult to digest.'
RBI has sought to stop one of its firms from disposing off assets.
Suitors came with all-cash offers but were rebuffed
Sahara accuses Mirach Capital of cheating, forging bank letter.
'People wondered aloud why she had given up on the aging, getting-day-by-day-more-infirm avatar. And was freshly blooming.'
Under Section 71 of the legislation, which took effect this month, corporate bond issuers have to create a debenture redemption reserve equivalent to at least 50% of a planned bond sale before the maturity of the security.
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
Top leaders from India Inc may be busy throughout the year, but they too have a very strong social life beyond work.
While Sahara maintains it has already repaid more than 93 per cent of the outstanding dues directly to the concerned bondholders and the remaining amount was just about Rs 2,500 crore (Rs 25 billion), it deposited Rs 5,120 crore (Rs 51.2 billion) to Sebi in December 2012 towards the investor refunds as per Supreme Court orders.
Unable to verify or trace a large number of bondholders in Sahara refund case, Sebi has begun a process to consult the business conglomerate for verifying the genuineness of such investors.
'It is not impossible that there will be some arrangement with the Congress in West Bengal after the ongoing local body polls.'
Prakash Bhandari chalks the journey of Lalit Modi from his troubled adolescent days to his mid-life crisis, from his grand success at the India Premier League to his dramatic exit from it
Few top honchos of India Inc did very well in 2014.
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