News for 'Sahara Group'

Savers in dark over Sahara's latest shadow banking schemes

Savers in dark over Sahara's latest shadow banking schemes

Rediff.com23 Dec 2015

Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.

A picturesque dwelling the Sahara chief could do without

A picturesque dwelling the Sahara chief could do without

Rediff.com2 Mar 2014

At the Kukrail guest house, Roy is under the watch of a DSP, three station officers and armed constables.

'Subrata Roy not liable for refunding Rs 24,000 crore'

'Subrata Roy not liable for refunding Rs 24,000 crore'

Rediff.com6 Aug 2013

The Sahara group on Tuesday told the Supreme Court that its chief Subrata Roy is not liable for refunding Rs 24,000 crore (Rs 240 billion) collected by its two firms from investors, countering the arguments of SEBI, which wanted his passport to be impounded till the contempt plea against him and companies is decided.

Sebi struggles to shield savers from more Saharas

Sebi struggles to shield savers from more Saharas

Rediff.com9 Apr 2015

Sahara chief Subrata Roy may not come out clean in the biggest ever investment fraud that he allegedly did few years ago.

Supreme Court delays decision on jailed Sahara chief

Supreme Court delays decision on jailed Sahara chief

Rediff.com14 May 2015

Subrata Roy has been held in jail for more than a year.

Mirach fiasco: Sahara initiates legal action; eyes new deal

Mirach fiasco: Sahara initiates legal action; eyes new deal

Rediff.com12 Feb 2015

Sahara said it has initiated legal action against Mirach Capital.

Sahara is by no means financially weak and Force India will race on: Mallya

Sahara is by no means financially weak and Force India will race on: Mallya

Rediff.com10 Nov 2014

Force India co-owner Vijay Mallya has rejected speculation about his Formula One team's finances, saying they will be racing for years to come.

Subrata Roy can't leave India: SC

Subrata Roy can't leave India: SC

Rediff.com28 Jan 2014

Sahara Group chief Subrata Roy will not be allowed to leave the country with the Supreme Court today refusing to relax its order restraining him from going abroad till his company furnishes details of refunding Rs 20,000 crore of investors money.

Sahara now ventures into IT

Sahara now ventures into IT

Rediff.com9 Sep 2004

'I doubt if Sahara is serious about selling properties'

'I doubt if Sahara is serious about selling properties'

Rediff.com30 Jul 2014

Owners of Pune-based Serum Institute of India, the Poonawalla's have thrown the hat to acquire the iconic Grosvenor Hotel in UK from Sahara Group.

Petition on Subrata Roy's detention dismissed

Petition on Subrata Roy's detention dismissed

Rediff.com12 May 2005

The Allahabad high court on Thursday dismissed the habeas corpus petition claimed to have been filed on behalf of the ailing Sahara group chairman Subrata Roy

Author of book on Sahara hopes to probe the group further

Author of book on Sahara hopes to probe the group further

Rediff.com13 Jun 2014

Tamal Bandyopadhyay was in Kolkata on Thursday evening for his book's launch at the Oxford Bookstore. Indrani Roy grabbed a few moments with him to file this report.

Sahara's untold story: What the book reveals

Sahara's untold story: What the book reveals

Rediff.com6 May 2014

An extract from Tamal Bandyopadhyay's book shows that wrangling with regulators is nothing new for the Sahara group. In the 1990s, too, it had run into the income-tax department and had used similar tactics as it is using against Sebi today to deflect the investigation into its affairs.

Sahara's untold story: What the book reveals

Sahara's untold story: What the book reveals

Rediff.com6 May 2014

An extract from Tamal Bandyopadhyay's book shows that wrangling with regulators is nothing new for the Sahara group. In the 1990s, too, it had run into the income-tax department and had used similar tactics as it is using against Sebi today to deflect the investigation into its affairs.

Will Mukesh Ambani Pay 4 Billion For Liverpool?

Will Mukesh Ambani Pay 4 Billion For Liverpool?

Rediff.com14 Nov 2022

This is not the first time Reliance has eyed a stake in the club.

SC to Sahara: Explain why properties are not auctioned

SC to Sahara: Explain why properties are not auctioned

Rediff.com28 Sep 2015

The Supreme Court has given troubled conglomerate Sahara a month's time to explain why a receiver should not be appointed to auction off its properties.

Lalit Modi connection emerges in Sahara hotel deals

Lalit Modi connection emerges in Sahara hotel deals

Rediff.com18 Aug 2015

Former IPL chief shooed off potential buyers at the behest of Sushanto Roy, says broker

Sahara says Mirach forged bank letter guaranteeing funds

Sahara says Mirach forged bank letter guaranteeing funds

Rediff.com5 Feb 2015

Sahara accuses Mirach Capital of cheating, forging bank letter.

61 Sahara properties to be e-auctioned

61 Sahara properties to be e-auctioned

Rediff.com24 May 2016

Sebi roped in HDFC Realty and SBI Cap after being asked by the Supreme Court to initiate the process of selling Sahara properties whose titles have been deposited with it by the group

Sahara renews ties with Indian hockey

Sahara renews ties with Indian hockey

Rediff.com8 Feb 2012

The Sahara India Group on Wednesday renewed its ties with Indian hockey by signing a five-year deal to sponsor the national men's and women's teams.

Sebi makes fresh bid to find Sahara investors for refunds

Sebi makes fresh bid to find Sahara investors for refunds

Rediff.com3 May 2015

Latest exercise follows two similar attempts made by Sebi in the past

Will Subrata Roy get a favourable verdict?

Will Subrata Roy get a favourable verdict?

Rediff.com3 Jun 2014

The Supreme Court is likely to pronounce on Wednesday its verdict on a plea of jailed Sahara Group chief Subrata Roy seeking modification of an earlier order asking him to pay Rs 5,000 crore (Rs 50 billion) in cash besides a bank guarantee of an equivalent amount for securing his release.

Subrata Roy seeks more time for deal-making in Tihar jail

Subrata Roy seeks more time for deal-making in Tihar jail

Rediff.com10 Nov 2015

Sahara group has sought extension of negotiation facilities in the Tihar jail here for its chief Subrata Roy by a further 45 days.

Get back to work, EC to Patna DM

Get back to work, EC to Patna DM

Rediff.com25 Dec 2004

Goswami had said on Friday that he had proceeded on leave for a brief period as his request to join the Sahara group was yet to be responded to by the state government.

Tough decisions as endgame nears for Sahara

Tough decisions as endgame nears for Sahara

Rediff.com23 Mar 2015

The top court last week gave Sahara a final chance to raise funds.

Sahara gets unsolicited offers for prized hotel assets

Sahara gets unsolicited offers for prized hotel assets

Rediff.com12 Mar 2014

Embroiled in a major crisis back home, Indian conglomerate Sahara has got unsolicited offers for at least three prized assets -- London's Grosvenor House and New York's Plaza and Dreams Downtown hotels.

Tender apology or pay compensation: Mirach warns Sahara

Tender apology or pay compensation: Mirach warns Sahara

Rediff.com7 Feb 2015

In a fresh twist to the alleged "forgery" saga, US-based Mirach has asked Sahara to make a "formal apology" for tarnishing its image.

PIX: Jeetendra, Anil Kapoor celebrate Sridevi's Padma Shri

PIX: Jeetendra, Anil Kapoor celebrate Sridevi's Padma Shri

Rediff.com24 Apr 2013

Checkout who all made it for the bash.

Supreme Court rejects Subrata Roy's bail plea again

Supreme Court rejects Subrata Roy's bail plea again

Rediff.com4 Jun 2014

The apex court asked Securities and Exchange Board of India to release title deeds of the property to be sold by Sahara in favour of purchasers for arranging the money.

Pune cricket stadium named after Subrata Roy

Pune cricket stadium named after Subrata Roy

Rediff.com5 Feb 2011

The new cricket stadium being built by the Maharashtra Cricket Association (MCA) on the outskirts of Pune is to be named after Subrata Roy Sahara, the Chairman and Managing Worker of the Sahara Group.

SAT to hear Subrata Roy's appeal on Mar 11

SAT to hear Subrata Roy's appeal on Mar 11

Rediff.com7 Mar 2013

The SAT had listed the appeal for 'admission' today, but decided to post the matter for March 11 before the Tribunal's presiding officer.

Sahara's Pune Warriors pulls out of IPL

Sahara's Pune Warriors pulls out of IPL

Rediff.com21 May 2013

The Sahara India Group pulled its team Pune Warriors India out of the Indian Premier League following the Board of Control for Cricket in India's decision to encash the bank guarantee after they failed to pay the franchisee fee.

Another controversy haunts the Sahara parivar

Another controversy haunts the Sahara parivar

Rediff.com14 Mar 2014

Battling a long-drawn legal tussle with Sebi, conglomerate Saharas claim to have as many as 4,799 establishments under its fold, but its 'Chief Guardian and Managing Worker' Subrata Roy holds board seats on just a handful of registered group companies.

Subrata Roy feels the Delhi heat, pleads SC to pass order soon

Subrata Roy feels the Delhi heat, pleads SC to pass order soon

Rediff.com30 Apr 2014

Roy and the other two directors of the Group have been in judicial custody since March 4.

Sahara complies with RBI norms

Sahara complies with RBI norms

Rediff.com26 Apr 2006

Private placement to 30 million investors? Sebi chief perplexed

Private placement to 30 million investors? Sebi chief perplexed

Rediff.com16 Jul 2013

Sebi has been engaged in a long-running case with Sahara group over refund of more than Rs 24,000 crore (about $five billion) collected by two Sahara companies from more than three crore investors through issue of certain bonds.

Private placement to 30 million investors? Sebi chief perplexed

Private placement to 30 million investors? Sebi chief perplexed

Rediff.com16 Jul 2013

Sebi has been engaged in a long-running case with Sahara group over refund of more than Rs 24,000 crore (about $five billion) collected by two Sahara companies from more than three crore investors through issue of certain bonds.

The saga of Subrata Roy: From a flamboyant boss to Tihar inmate

The saga of Subrata Roy: From a flamboyant boss to Tihar inmate

Rediff.com2 Apr 2014

Sahara's propensity to issue full-page advertisements indirectly targeting the court's wisdom every time it suffered a setback could have hardly helped its cause.

Rescue plan for Sahara in doubt as Spanish bank denies loan

Rescue plan for Sahara in doubt as Spanish bank denies loan

Rediff.com25 Mar 2015

Spanish bank denies credit line to bail Sahara boss.