News for 'Sahara India Group'

PM received kickbacks from Sahara and Birla: Rahul's 'quake'

PM received kickbacks from Sahara and Birla: Rahul's 'quake'

Rediff.com21 Dec 2016

Last week, Gandhi claimed that he had evidence of "personal corruption" of the prime minister but he was being prevented from speaking in the Lok Sabha because it would cause an earthquake.

Have You Tried These Sandwiches?

Have You Tried These Sandwiches?

Rediff.com27 May 2024

You'll be spoilt for choices with these varieties.

SC asks Sahara to deposit Rs 5092.6 crore to keep Roy out of jail

SC asks Sahara to deposit Rs 5092.6 crore to keep Roy out of jail

Rediff.com28 Feb 2017

The judges said the group can sell 13 out of the 15 properties mentioned in one of the lists to deposit the amount.

Sebi moves US court with $12 mn claim on Sahara jet sale

Sebi moves US court with $12 mn claim on Sahara jet sale

Rediff.com12 Apr 2015

Case in the US relates to an Airbus Corporate Jet

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.

Supreme Court nod for Sahara boss to hold asset sale talks

Supreme Court nod for Sahara boss to hold asset sale talks

Rediff.com25 Jul 2014

Subrata Roy has been in a Delhi jail since March 4 after failing to appear at a contempt hearing in his group's legal battle with the Securities and Exchange Board of India over the company's failure to repay investors who bought the outlawed bonds.

Sahara chief offers to pay Rs 300 cr as bank guarantee

Sahara chief offers to pay Rs 300 cr as bank guarantee

Rediff.com26 Aug 2016

Subrata Roy's parole, granted on humanitarian grounds following his mother's death.

New twist in Sahara case as Justice Khehar opts out

New twist in Sahara case as Justice Khehar opts out

Rediff.com15 May 2014

A 'communication dated May 6, 2014 received from Justice J S Khehar was placed before the Chief Justice of India on May 7.

SAT to hear Sahara plea against Sebi tomorrow

SAT to hear Sahara plea against Sebi tomorrow

Rediff.com12 Apr 2013

The Tribunal will hold on Saturday its 'preliminary hearing' of four petitions in this matter related to the high-profile case involving a refund of over Rs 24,000 crore (Rs 240 billion) raised through 'various illegalities' by two Sahara companies.

Sahara on a selling spree to raise funds for Roy's release

Sahara on a selling spree to raise funds for Roy's release

Rediff.com8 Dec 2014

After selling land in Gurgaon for Rs 1,211 crore recently, the Sahara group is believed to have finalised two more realty deals, one in Mumbai and another in Jodhpur, for Rs 1,250 crore.

Sebi asks Sahara to refund Rs 4,843cr to investors

Sebi asks Sahara to refund Rs 4,843cr to investors

Rediff.com24 Jun 2011

The order, concerning debentures issued by two group companies, is subject to Supreme Court clearance

Subrata Roy moves court against Jet

Subrata Roy moves court against Jet

Rediff.com4 Jul 2006

A lengthy court battle between Jet Airways and Air Sahara over their failed takeover deal does not seem inconceivable, as Sahara Group chief Subrata Roy has now moved a local court seeking stay on refund of Rs 500 crore

Sahara's refusal to bat ends cash drain

Sahara's refusal to bat ends cash drain

Rediff.com23 May 2013

Sahara will save Rs 400 crore (Rs 4 billion) annually by pulling out IPL team Pune Warriors India and not re-bidding for national team sponsorship.

'It's not end of the road for Sahara-BCCI relations'

'It's not end of the road for Sahara-BCCI relations'

Rediff.com26 Oct 2013

Pune Warriors India are disappointed at being axed from the IPL but expressed hope that it would not be the end of the road as far as their relationship with the BCCI is concerned.

Sahara sells Rs 1,211 cr worth Gurgaon land to free Subrata Roy

Sahara sells Rs 1,211 cr worth Gurgaon land to free Subrata Roy

Rediff.com4 Dec 2014

Looking to raise funds to ensure release of its chief Subrata Roy from jail, Sahara has sold a big land parcel at the outskirts of the national capital for Rs 1,211 crore to Gurgaon-based developer M3M India Ltd.

New bench to hear Sahara case on May 19

New bench to hear Sahara case on May 19

Rediff.com17 May 2014

A new bench has been constituted in the Supreme Court to hear the Sahara case which will take up the matter on May 19.

The take-off and crash-landing of Jet's Naresh Goyal

The take-off and crash-landing of Jet's Naresh Goyal

Rediff.com4 Sep 2023

In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class - Naresh Goyal and his wife Anita - were offloaded by the immigration authorities, who said the duo cannot leave the country. Goyal, founder of Jet Airways, was stunned. The man, who ruled the aviation sector for two and a half decades with an iron hand, did not expect to be offloaded in this fashion.

Sahara sponsorship: Cricket's loss is hockey's gain

Sahara sponsorship: Cricket's loss is hockey's gain

Rediff.com7 Feb 2012

They have snapped ties with cricket but the Sahara Group has renewed its association with Indian hockey signing a five-year sponsorship deal with Hockey India.

SC rejects Subrata Roy's plea, directs him to appear tomorrow

SC rejects Subrata Roy's plea, directs him to appear tomorrow

Rediff.com25 Feb 2014

Roy's plea was mentioned before a bench comprising justices K S Radhakrishnan and J S Khehar which said he has to appear on Wednesday.

FICA concerned about plight of Kochi, Pune IPL teams

FICA concerned about plight of Kochi, Pune IPL teams

Rediff.com9 Feb 2012

Federation of International Cricketers' Associations CEO Tim May has expressed concern over Sahara India's withdrawal of its franchise, Pune Warriors, from the Indian Premier League.

Ranchi franchise becomes third team in Hockey League

Ranchi franchise becomes third team in Hockey League

Rediff.com14 Sep 2012

The joint venture of Patel-Uniexcel Group has taken up the Ranchi franchise in the much-hyped Hockey India League, making it the third of the six teams which will compete in the event starting in January next year.

Sahara-Birla diaries case: SC rejects plea for probe against PM Modi

Sahara-Birla diaries case: SC rejects plea for probe against PM Modi

Rediff.com11 Jan 2017

The case based on "random materials" like loose sheets, papers, e-mail print outs is "merit less" as they are "inadmissible materials" having "no evidentiary value under the law, the court said.

Sebi lowers Sahara case expense estimates to Rs 25.88 cr

Sebi lowers Sahara case expense estimates to Rs 25.88 cr

Rediff.com1 Feb 2015

This was due to a planned expenditure being revised

Subrata Roy gets 10 more days to deposit Rs 710 cr

Subrata Roy gets 10 more days to deposit Rs 710 cr

Rediff.com19 Jun 2017

Besides Roy, two other directors, Ravi Shankar Dubey and Ashok Roy Choudhary, were also arrested for the failure of two group companies.

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.

Sahara auction: Sebi adds 16 new parcels; bid price Rs 1.2k cr

Sahara auction: Sebi adds 16 new parcels; bid price Rs 1.2k cr

Rediff.com16 Jun 2016

More properties are expected to go under the hammer in the coming days.

Sahara stay order: RBI moves apex court

Sahara stay order: RBI moves apex court

Rediff.com6 Jun 2008

The appeal was mentioned before a vacation Bench headed by Justice Arijit Pasayat, which fixed June nine as the date for hearing the matter. The Bench allowed senior advocate P R Andhyrujina, who mentioned the matter, to file a special leave petition against the High Court order later in the day.

One year in jail: Is there hope for Subrata Roy?

One year in jail: Is there hope for Subrata Roy?

Rediff.com4 Mar 2015

The group needs to rustle up Rs 5,000 crore in cash and an equal amount in bank guarantees for bail.

Sahara properties to be auctioned at Rs 1,200-cr reserve price

Sahara properties to be auctioned at Rs 1,200-cr reserve price

Rediff.com2 Jun 2016

Following a go-ahead from the Court, the two entities have put in place a mechanism to auction these properties.

Bharti Airtel, Sahara in race for team sponsorship

Bharti Airtel, Sahara in race for team sponsorship

Rediff.com30 May 2010

The Board of Control for Cricket in India will choose between Bharti Airtel and Sahara Group on Monday as the new team sponsor, as both are the only firms left in the fray at the end of the deadline for submitting the bids for rights along with the requisite security deposit.

Air One to fly between Aamby Valley, Mumbai, Delhi

Air One to fly between Aamby Valley, Mumbai, Delhi

Rediff.com4 Feb 2010

The flight services would be operated by air services provider, Air One. "Flight operations would commence from tomorrow," Sahara India chairman Subrata Roy told reporters on Thursday.

'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.

SC declines Sahara plea to issue notice to govt

SC declines Sahara plea to issue notice to govt

Rediff.com8 Jul 2011

During Friday's proceedings, senior advocate Fali S Nariman, appearing for the Sahara group, said that Sahara was not a listed company and only the government has jurisdiction over it and not market regulator Sebi.

Plea against Subrata Roy in 2G case maintainable: SC

Plea against Subrata Roy in 2G case maintainable: SC

Rediff.com9 Dec 2013

A bench of Justice G S Singhvi and K S Radhakrishnan also issued notice to Roy and his two employees, who were working with his news channel, seeking their response on why probe be not initiated against them.

Dhoni buys stake in Ranchi franchise of Hockey India League

Dhoni buys stake in Ranchi franchise of Hockey India League

Rediff.com25 Oct 2014

After investing in motorsports and football, Indian cricket team captain Mahendra Singh Dhoni has now lent his support to Indian hockey after buying the Ranchi franchise of the Hockey India League (HIL).

Sahara's The Plaza 2nd most popular hotel for the uber-rich

Sahara's The Plaza 2nd most popular hotel for the uber-rich

Rediff.com25 Sep 2014

here are around 495,000 multi-millionaires worldwide (as on June 2014).

'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.

Sahara gets Irda nod for life insurance entry

Sahara gets Irda nod for life insurance entry

Rediff.com7 Jan 2003

Insurance Regulatory and Development Authority has permitted Sahara Group to enter life-insurance segment, and issued 12 letters of intent to insurance broking entities, including three having foreign equity stake, to conduct business in India.

Adani group bids for IPL team

Adani group bids for IPL team

Rediff.com5 Mar 2010

Ahmedabad could soon have an Indian Premier League team of its own after it was confirmed that billionaire Gautam Adani-owned Adani Enterprises had submitted its bid to buy a new franchise. It is learnt that top corporate houses like Sahara Group, Videocon Enterprises, ICICI are among the other bidders, while guardians of the law of the game Marylebone Cricket Club (MCC) are also in the running for the Pune franchise.