The contribution 'appeal' was made through a one-page letter signed by directors of a hitherto unknown society and 'associates' of the group. Company officials, however, disowned any connection with the appeal.
India's Sahara Group is in advanced talks with Manchester United to become the new shirt sponsors of the English Premiership champions, domestic media reported on Thursday.
Force India's co-owner Vijay Mallya has rubbished speculation that he is planning to sell his stake in the Formula One team to Sahara India.
The top 100 tax defaulters owe the exchequer a whopping Rs 1.41 lakh crore.
Referring to Supreme Court's order against Sahara group as a benchmark for cases of unauthorized raising of money from public, Sebi has barred seven persons and one company from the markets for ten years for their involvement in the estimated Rs 1,500 crore 'StockGuru' fraud.
The Supreme Court asked the Group to come out with a logical and acceptable proposal on paying Rs 10,000 crore.
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here are around 495,000 multi-millionaires worldwide (as on June 2014).
Jet had bought Sahara Airlines from the Sahara group in April 2007 for Rs 1,450 crore after an arbitration award. It paid Rs 900 crore and agreed to pay the balance in four instalments. In March 2008, the income-tax department demanded tax dues of Rs 107 crore from Sahara India Airlines. Jet decided this should come from Sahara as it pertained to the period before the acquisition.
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.
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.
Sahara Chairman Roy was arrested on February 28 and has been held in a Delhi jail since March 4.
The petition says that Sahara group Chairman Subrata Roy had been kept in 'illegal detention' by his wife and some other senior officers of the company.
Markets regulator was mandated by court to examine documents to ascertain their genuineness and make refund to investors
A bench headed by Justice Arijit Pasayat, while fixing the date for final disposal on October 21, extended the undertaking given by developer B Jeejeebhoy Vakharia and Associates asking it not to create any third party rights till then. Earlier, the court had sought reply from the builder and others.
The airfare hike will come into effect from October 14.
Ending the monopoly of government-owned airlines to fly abroad, the DGCA has initiated the process of allowing private carriers to launch overseas services by asking them to file their schedules and fares for operating to Colombo.
The two airlines are likely to begin their operations later this month after the DGCA approves their schedule for flight operations.
After Sebi rejected the information sought from it through an Right To Information application in this regard, the appellant approached the Appellate Authority but the appeal has been rejected there also.
Taking forward the competition in airfares by targeting the AC two-tier train passengers, Air Sahara on Monday launched its 'Surprice' scheme introducing the first advance purchase (Apex) return scheme and reducing the fares by almost 30%.
Jet-Sahara deal: HC asks govt for documents
A pre-poll survey conducted by the Sahara News Network has projected 140 to 150 seats (26.06 percent) for Samajwadi Party in the upcoming election for the 403-house Uttar Pradesh assembly. Sahara UP poll survey predicts 140-150 seats for SP A pre-poll survey conducted by the Sahara News Network has projected 140 to 150 seats (26.06 percent) for Samajwadi Party in the upcoming election for the 403-house Uttar Pradesh assembly. Mulayam Singh Yadav's SP is followed b
Would there have been an incomparable batsman named Sachin Tendulkar had Doordarshan not telecast Guide one summer afternoon? A fascinating excerpt from Abhishek Mukherjee and Joy Bhattacharjya's must-read book, The Great Indian Cricket Circus.
Sahara One Media and Entertainment Ltd said on Monday Aircel Televentures would acquire its 14.98 per cent stake for Rs 119.97 crore (Rs 1.19 billion).
A bench headed by Chief Justice Altamas Kabir, which had earlier extended the deadline to two companies of the group for refunding the money from November end to first week of February, refused to grant more time.
The Sahara group on Tuesday made a fresh proposal before the Supreme Court for depositing Rs 20,000 crore (Rs 200 billion) investors' money with SEBI to secure release of its chief Subrata Roy.
Air Sahara, whose ranking took a hit after a failed takeover deal, on Thursday announced operations to 14 new destinations including two international routes.
Around 15 other temporary structures were also demolished as part of the drive, police said.
In a setback to Sahara Group chairman Subrata Roy, the company on Thursday informed the Supreme Court that it will not be able to deposit Rs 10,000 crore (Rs 100 billion) to release Subrata Roy from jail.
The Supreme Court on Thursday warned the Sahara Group to reveal source of Rs 22,885 crore (Rs 228.85 billion) which it claimed to have refunded its investors or be ready to face inquiry by CBI and Registrar of Companies.
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.
Authorities in Nuh district Sunday razed some illegal structures including a hotel from where stones were allegedly pelted on a religious procession last week, even as a mahapanchayat was held in support of four men arrested over arson at a mosque and the death of its junior imam.
Air Sahara on Thursday announced that it would launch its international operations between April and July and change its colour to orange, white, green and blue from Friday.
At the same time, the bench comprising Justice Arijit Pasayat and Justice P P Naolekar said that the interim order of Lucknow Bench of Allahabad high court staying the RBI action against SIFCL will not be in operation. SIFCL will now appeal to RBI on June 12 for a personal hearing.
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