Over three-and-a-half years after receiving draft papers for the proposed IPO of Sahara Prime City Ltd, Sebi has formally closed this file as the company failed to submit clarifications sought by the market regulator.
Integrated entity for realty, infrastructure sector
The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.
In a heinous terror attack, two Indians were killed while one was abducted in the Dosso region of Niger, as noted by the Indian Embassy in Niger.
'The India which was all about glamour and razzmatazz through which he could earn the trust of people of the other India, which was Bharat.'
Most of the top investment banks will be rendered ineligible to manage the coming initial public offering (IPO) of National Building Construction Corp Ltd (NBCC) if the new rules for appointment of advisors are implemented.
Sushanto Roy, CEO, Sahara Prime City, has in a pre-Budget wish list of expectations said: "Given the pent-up demand for affordable housing which was discovered during the recent slowdown there is a need to reintroduce tax holiday under section 80IB for housing projects constructed after March 31, 2008."
Suitors came with all-cash offers but were rebuffed
Ramoji Rao lived as the interface between business and politics and was an active participant in both for most of his remarkable life.
Jet Airways on Thursday said it would introduce more flights on both its domestic and international networks.
Under U K Sinha, Sebi became a pan-India organisation with local offices in 16 cities
On planes, on Netflix, Amazon Prime, Hotstar, Zee5, Hulu, MUBI, Kanopy, film festivals... Aseem Chhabra tell us how he watched 309 films in 365 days.
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
The IPL, all of a sudden, may have some catching up to do with the Big Bash.
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