The government on Friday informed the Parliament that Sebi has discovered discrepancies in the claims by the bondholders and the database provided by Sahara Group in the Rs 20,000-crore (Rs 200 billion) investors money refund case.
Lenders have lined up a number of home loan products that can fit every aspirant's annual income.
The Supreme Court on Friday asked Sahara and SEBI to formulate mechanism for securing payment of around Rs 19,000 crore (Rs 190 billion) of investors' money after the Subrata Roy-led group agreed to pledge it's immovable property as security but the market regulator questioned the sale deed and worth of the properties.
NRIs are increasingly buying properties in India online.
Lenders have lined up a number of home loan products that can fit every aspirant's annual income.
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.
Indebted developers are cutting staff as they slow work on existing projects and postpone new ones until they clear a backlog of 700,000 unsold homes
Modi's party also wants to regulate property markets and tie investor money to specific projects to stop developers diverting cash elsewhere.
Pakistani Consul General Muhammad Haroon Shaukat was among more than 400 guests, mostly leaders of the Indian American community, at a reception hosted by Indian Consul-General Pramathesh Rath.
India produced 12,000,000 tonnes of mangoes as against the world's total production of 23,455,000 tonnes -- 51.1 per cent.
The loans are integral to International Finance Corporation's strategy to assist in the expansion of financial markets in India, a release said.
SEBI on Wednesday told the Supreme Court that Sahara group overvalued its properties and did not hand over all original title deeds of assets worth Rs 20,000 crore (Rs 200 billion) as per its direction.
Sahara group, whose legal battle with Sebi continues in Supreme Court over refund of over Rs 20,000 crore (Rs 200 billion) to investors, has made a surprise announcement of plans being afoot to hire over 56,000 new employees this year along with investments to the tune of nearly Rs 32,400 crore (Rs 324 billion).
'Our countrymen should be made aware of the need to be polite and friendly to our African guests.' 'They should know the dictum, athithi devo bhava, whether they are black or white,' says Ambassador T P Sreenivasan, who once served as India's high commissioner to Kenya.
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.
Refuting the contention of Roy who had submitted that he cannot be penalised for non-refund of the money by Sahara India Real Estate Corp Ltd and Sahara India Housing Investment Corp Ltd, the market regulator said that the business tycoon held 70 per cent stake in the companies and liable for contempt of court punishable upto to six months imprisonment or fine.
Struggling, corrupt construction industry will be challenged by the prime minster's $250-billion plan
'Once Attenborough had locked the shot, Jaffrey turned to Amitabh and told him in a very controlled but stern voice that he should never talk to an actor in between takes.'
One Chinese lie has been finally nailed this time by a team of Indian scientists who provide irrefutable evidence that rice did originate in India, a fact contested by China.
Holding that it was playing "hide and seek" and cannot be trusted any more, the Supreme Court on Monday directed the Sahara group to hand over title deeds of its properties worth Rs 20,000 crore (Rs 200 billion) to SEBI warning that failure to comply would mean Subrata Roy cannot leave India.
The government of India has brought a property to house an Indian Cultural Centre in downtown Washington, DC for a whopping $5.7 million.
The Security Council as it is today is unable to bring peace and security in the world and so there is reason for countries like India to become members of the Council, Ambassador Asoke Kumar Mukerji tells Sheela Bhatt/Rediff.com.
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