Reader Aditya Shrivastav sent us a photograph.
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.
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.
The deal size could be in excess of Rs 2,000 crore, though this could not be verified. Sivasankaran had invested close to Rs 1,800 crore in 2007 to take a 41 per cent stake in Aamby Valley. The Sahara Group is the majority investor, with a 51 per cent stake.
The apex court was irked when Sebi claimed that the group had allegedly obstructed the process by writing a letter to the Pune police raising the issue of law and order at the prime property.
The apex court also asked Sahara Group to provide it within two weeks the list of 'unencumbered properties' which can be put on public auction.
Officials said the notice was issued by the taxman in January this year after the special audit of AVL's income for the Assessment Year 2012-13.
The Sahara Group had earlier sought 18 months' time to repay around Rs 9,000 crore balance amount of the principal amount of Rs 24,000 crore.
The apex court told Roy that his proposal of paying Rs 1,500 crore, if the auction process was halted or postponed, was unbelievable.
With Sahara India chief Subrata Roy behind bars, the country's first seaplane service from the megapolis to Aamby Valley City, which is run by the Sahara group, was today grounded for the time being.
The liquidator said the properties are being sold under two distinct phases over a period of two days
The bench asked the official liquidator, attached with the Bombay high court, to auction Aamby Valley properties, estimated to be worth Rs 34,000 crore, and directly report to it
The apex court had also asked Sahara Group to provide it within two weeks the list of "unencumbered properties" which can be put for public auction to realise the remaining over Rs 14,000 crore
Sahara has ploughed at least Rs 1,500 crore from two of its credit cooperatives into the Aamby Valley resort project
Excerpted from Sahara: The Untold Story by Tamal Bandyopadhyay.
Here's a preview of the bridalwear set to scorch the ramp at Aamby Valley India Bridal Fashion Week, to be held in Delhi later this month.
Don't miss veteran designer Tarun Tahiliani's truly spectacular showing, which opened the Aamby Valley India Bridal Fashion Week in Mumbai yesterday.
Gaganjeet Bhullar was in his element as he carded a stunning, error-free eight-under for the 14-hole round to lift his team, Wital See Punjab Lancers, to the top of the table on the second day of the inaugural Pearls Golf Premier League in Aamby Valley.
Sri Lankan cricket legend and owner of Colombo 6's franchise in the Golf Premier League, Mahela Jayawardene has no ambition of turning pro in the future, but would not mind getting a tip or two from established golfers such as Darren Clarke and Angel Cabrera.
Kangana Ranaut strutted her stuff for designer duo Anjali and Arjun Kapoor on Day Two of the Aamby Valley India Bridal Week -- check it out.
Which catwalking celebrity do you think was the sexiest on the ramp at the recent Aamby Valley India Bridal Fashion Week? Take our poll and let us know!
Take a look at the sexy celebrity showstoppers who graced the catwalk at the Aamby Valley India Bridal Week, which concluded yesterday!
Don't miss the best designs showcased at the Aamby Valley India Bridal Week, which concluded yesterday!
Here's a glimpse from the showings at the Aamby Valley India Bridal Week on days Four and Five.
Here's a glimpse from the showings at the Aamby Valley India Bridal Week on days Three and Four.
Other London properties, aircraft & offshore accounts are yet to catch the attention of regulators.
We bring you a preview of what will be on offer at the Aamby Valley India Bridal Week starting today.
Here's a look at the model auditions for Aamby Valley India Bridal Week, held October 12 in Mumbai.
Reader Aditya Shrivastav sends us a photograph.
The 37-year-old is yearning for a maiden Asian Tour title at this week's Aamby Valley Asian Masters.
For Mumbai's corporate honchos, who drive up to about 120 km on weekends to enjoy a game of golf in the plush Aamby Valley, near Lonavala, there is now an alternative.
All four societies were under common management of the Sahara group and had collectively garnered Rs 86,673 crore, including more than Rs 47,000 crore collected by Sahara Credit Cooperative Society Ltd from nearly 4 crore depositors.
'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'
Kangana Ranaut walked the ramp for leading fashion designer Jyotsna Tiwari at the Aamby Valley India Bridal week in Mumbai.
Kangana Ranaut walked the ramp for leading fashion designer Jyotsna Tiwari at the Aamby Valley India Bridal week in Mumbai.
Senior advocate Kapil Sibal, representing Roy, said it was quite difficult to raise money as the properties have already been attached.
Day Two of the Aamby Valley India Bridal Week saw actress Shriya Saran take to the ramp as Neeta Lulla's showstopper. Take a look.
Chitrangada walked the ramp for veteran designer Tarun Tahiliani on the opening day of the Aamby Valley India Bridal Fashion Week in Mumbai.
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
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances