News for 'Sahara India'

TV Actors Make The Red Carpet Super Stylish

TV Actors Make The Red Carpet Super Stylish

Rediff.com31 Mar 2026

Television folk had a glamorous night out, when they walked the red carpet for the Universal India Awards 2026, held at Mumbai's Hotel Sahara Star.

Accused Triple Murderer Killed in Bareilly Police Encounter

Accused Triple Murderer Killed in Bareilly Police Encounter

Rediff.com17 Mar 2026

A man accused of murdering his mother-in-law and brother-in-law and stabbing his wife during a panchayat meeting in Bareilly was killed in an encounter with the police.

7 Countries Facing A Toilet Shortage

7 Countries Facing A Toilet Shortage

Rediff.com25 Feb 2026

In several parts of the world, access to proper sanitation remains a serious challenge. Many communities still lack household toilets or safe waste disposal systems, often due to water shortages, economic hardship or limited infrastructure.

India Inc lauds Budget for bold bets on AI, data centres

India Inc lauds Budget for bold bets on AI, data centres

Rediff.com1 Feb 2026

India Inc on Sunday hailed the Union Budget 2026-27 as a 'structural shift' in the country's technology landscape, noting that the government is moving beyond fragmented pilots to build foundational layers where AI serves as a 'horizontal enabler' for the entire economy.

SBI Life to take over liabilities of Sahara India Life Insurance: Irdai

SBI Life to take over liabilities of Sahara India Life Insurance: Irdai

Rediff.com2 Jun 2023

Regulator Irdai on Friday directed SBI Life Insurance Company to takeover the policy liabilities of around two lakh policies along with assets of Sahara India Life Insurance Co Ltd (SILIC) with immediate effect. The decision was taken at the meeting of the Insurance Regulatory and Development Authority of India (Irdai) in view of deteriorating financial health of the SILIC. "The Authority has identified SBI Life Insurance Company Limited (SBI Life), which is one of the largest life insurers in the country with satisfactory financials, as the acquirer insurer of the life insurance business of SlLIC.

Their Dreams Died With Pinky On The Tarmac At Baramati

Their Dreams Died With Pinky On The Tarmac At Baramati

Rediff.com9 Feb 2026

It isn't easy for a girl from Gopal Nagar to chase a dream. But Pinky was extremely determined. A force unto herself, she was going to go places. Literally. Till it abruptly ended one morning on the tarmac at Baramati airport.

Selling Land Is Not a Service, Rules Supreme Court

Selling Land Is Not a Service, Rules Supreme Court

Rediff.com12 Nov 2025

The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax.

Sahara Group chief Subrata Roy dies of cardiorespiratory arrest

Sahara Group chief Subrata Roy dies of cardiorespiratory arrest

Rediff.com15 Nov 2023

Sahara Group chief Subrata Roy passed away on Tuesday due to a cardiorespiratory arrest after a prolonged illness, a company statement said. He was 75. He was 75. According to the company statement, he passed away at 10.30 pm due to cardio-respiratory arrest following an extended battle with complications arising from metastatic malignancy, hypertension, and diabetes.

Dream11 Hit by Online Gaming Ban, India Jersey in Limbo

Dream11 Hit by Online Gaming Ban, India Jersey in Limbo

Rediff.com22 Aug 2025

With the Asia Cup starting September 9 in the UAE, the team could play without a sponsor logo after the government passed the Online Gaming Bill.

Does Trump Know? India, US Unite For Military Drills

Does Trump Know? India, US Unite For Military Drills

Rediff.com4 Sep 2025

'When our soldiers trained side by side, we demonstrated to the world that our partnership is strong, enduring and prepared to meet any challenge.'

Bank, demat accounts of Sahara's Subrata Roy to be attached

Bank, demat accounts of Sahara's Subrata Roy to be attached

Rediff.com1 Feb 2023

Sebi on Wednesday ordered the attachment of bank and demat accounts of Sahara Group chief Subrata Roy and three others to recover Rs 6.48 crore for violating regulatory norms by two group companies. The recovery proceedings have been initiated against these four persons for violating regulatory norms in the issuance of optionally fully convertible debentures (OFCDs) by two group companies. Apart from Sahara, others whose bank and demat accounts were attached are Ashok Roy Choudhary, Ravi Shanker Dubey and Vandana Bharrgava.

What will happen to Rs 25K-cr undistributed fund in Sebi-Sahara accounts?

What will happen to Rs 25K-cr undistributed fund in Sebi-Sahara accounts?

Rediff.com15 Nov 2023

The undistributed funds totalling over Rs 25,000 crore lying with the capital markets regulator Sebi's account have come back into focus after the demise of Sahara Group's chief Subrata Roy. Roy passed away in Mumbai on Tuesday night at the age of 75 after battling a prolonged illness. He faced multiple regulatory and legal battles in connection with his group firms that were accused of circumventing regulations with ponzi schemes, allegations his group always denied.

2 Indians killed, one abducted in terror attack in Niger

2 Indians killed, one abducted in terror attack in Niger

Rediff.com20 Jul 2025

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.

Sahara may rejoin IPL, but won't sponsor Team India

Sahara may rejoin IPL, but won't sponsor Team India

Rediff.com7 Feb 2012

Sahara India chief Subrata Roy says that there is no question of sponsoring the Indian cricket team. However, the group will continue to support the Pune Indian Premier League team.

'Subrata Roy was arbitraging between India and Bharat'

'Subrata Roy was arbitraging between India and Bharat'

Rediff.com16 Nov 2023

'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.'

Rathore joins Sahara as senior VP

Rathore joins Sahara as senior VP

Rediff.com25 Oct 2005

Rajyavardhan Singh Rathore joined the Sahara after receiving the nod from the government and the Indian Army

Sahara to extend Team India sponsorship

Sahara to extend Team India sponsorship

Rediff.com8 Nov 2005

The new deal could be worth anything between Rs 200-300 crore for three to five years.

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

Rediff.com16 Nov 2023

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.

Sahara plans major expansion in FMCG retail space

Sahara plans major expansion in FMCG retail space

Rediff.com14 Sep 2011

"For the first time in India, Sahara India Pariwar is setting up the largest FMCG company in the country with its own distribution network through over 10,000 franchisee outlets...," Sahara India said in a public announcement.

Sahara to be FIH global partner

Sahara to be FIH global partner

Rediff.com16 Mar 2004

The company will get title rights and branding opportunities at major FIH tournaments including the men's and women's World Cup in 2006.

Sahara rewards hockey team

Sahara rewards hockey team

Rediff.com28 Jan 2004

Each member of the Afro-Asian Games gold medal-winning squad was presented a cheque of Rs 150,000.

Sebi cancels Sahara's mutual fund licence

Sebi cancels Sahara's mutual fund licence

Rediff.com28 Jul 2015

Sahara group has been engaged in a long-running regulatory and legal battle with Sebi.

Now, Mayawati goes after Sahara Group

Now, Mayawati goes after Sahara Group

Rediff.com8 Jun 2007

Sahara India Group, led by Subroto Roy, has been served with a notice over 'illegal construction' at its Sahara Sahar township in Gomti Nagar area of Lucknow.

Air Sahara is new team sponsor

Air Sahara is new team sponsor

Rediff.com19 Dec 2005

The private carrier won the rights for sponsorship of the Indian cricket team for the next four years.

SC directs Sahara to approach SAT against Sebi

SC directs Sahara to approach SAT against Sebi

Rediff.com15 Jul 2011

The Supreme Court on Friday directed Sahara Group firm Sahara India Real Estate Corp to approach the Securities Appellate Tribunal against the order of Sebi directing the return of money collected from investors for an OFCD scheme within a period of three weeks.

Sebi flooded with Sahara refund calls

Sebi flooded with Sahara refund calls

Rediff.com12 Sep 2012

Regulator has set up a special cell to carry out the refunding operation.

Sahara-Israel firm to develop solar power tech

Sahara-Israel firm to develop solar power tech

Rediff.com26 May 2010

A memorandum of understanding was signed between SIPCL CEO Ashok K Bhargava and Safesky chairman Amos Bouchnik along with Safesky president and founder Arik Klein.

Sebi begins prosecution proceedings against Sahara

Sebi begins prosecution proceedings against Sahara

Rediff.com25 Nov 2012

Market regulator Sebi has begun prosecution proceedings against two Sahara firms and their top officials, while accusing them of failing to provide documents related to three crore investors as per a Supreme Court order.

Sahara to wind up parabanking by Dec

Sahara to wind up parabanking by Dec

Rediff.com31 Aug 2011

The move comes a full four years before the deadline set by the Reserve Bank of India.

Sahara, US firm in  construction JV

Sahara, US firm in construction JV

Rediff.com10 Feb 2012

Integrated entity for realty, infrastructure sector

Can Sebi bring Sahara Group to justice?

Can Sebi bring Sahara Group to justice?

Rediff.com18 Mar 2013

Sebi's action on Sahara is showing results, but problems remain.

Sahara launches travel company

Sahara launches travel company

Rediff.com9 Mar 2006

Sahara India Parivar on Thursday announced the launch of Sahara Global, a travel and tourism company, targeting a turnover of Rs 200 crore (Rs 2 billion) from services in inbound and outbound traffic and medical tourism in its first year.

Special RBI audit of Sahara Fin

Special RBI audit of Sahara Fin

Rediff.com16 Feb 2006

Sahara lands in another mess

Sahara lands in another mess

Rediff.com24 Feb 2015

SC wanted to know how it encashed securities deposited with RBI.

Sahara case: Tribunal dismisses deadline extension

Sahara case: Tribunal dismisses deadline extension

Rediff.com20 Dec 2012

In the high-profile case involving repayment of money to bondholders of two Sahara group firms, the Securities and Appellate Tribunal on Thursday dismissed a plea for extension of deadline for submitting investor documents to the market regulator Sebi.

Sebi moves apex court on Sahara

Sebi moves apex court on Sahara

Rediff.com18 Apr 2011

A Sebi counsel said the caveat, filed on Saturday, aims to prevent any ex parte decisions.

Tendulkar, Sushil win top honours at Sahara Awards

Tendulkar, Sushil win top honours at Sahara Awards

Rediff.com31 Oct 2010

After a splendid season, where he scored first-ever double century in One-day and climbing the 14000-runs peak, Sachin Tendulkar on Saturday night was named the Indian cricketer of the Year. Our Correspondent Harish Kotian reveals the other winners at the Sahara India Sports Awards.

How Sahara Group acquired London's Grosvenor House

How Sahara Group acquired London's Grosvenor House

Rediff.com7 Feb 2013

Even as Sebi probed, OFCD money moved across the globe, Aamby Valley (Mauritius) at centre of global transactions; All transactions legal, no Sebi bar on doing business: Sahara