Sahara Group order could freeze real estate projects across India

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ENS Economic Bureau: Mumbai, Thursday, Feb 14, 2013 at 0103 hrs IST

The action by the Securities and Exchange Board of India (Sebi) against the Sahara group of companies brings a large number of real estate projects under the freeze. The Sebi order is based on an affidavit filed on behalf of Sahara India Real Estate Corporation and Sahara Housing Investment Co ....Read more

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Reader's Comments (12)| Post a Comment

BAD Co

AJAZ MOHD | Friday , 22 Feb '13 16:27:18 PMReply | Forward

He is laundering money. SAHARA CHEATING INDIANS SENTIMENTS.THEY ARE NOT PARIVAR THEY ARE CLEVER...BUSINESS LOG.

basant

basant | Thursday , 14 Feb '13 19:03:25 PMReply | Forward

I am surprised with the express action against SAHARA. I think This kind of actions must be taken against Multi National Companies of other countries working in India. We know very better how they are working, but no action will be taken against them. Only Indian Company like SAHARA got suffered with regulations of India.

Hi

M | Thursday , 14 Feb '13 19:03:15 PMReply | Forward

He is laundering money. $5bn of politicians wealth just evaporated.

Fe Comment

Gopa Kumar | Thursday , 14 Feb '13 16:48:42 PMReply | Forward

In that case ban all the companies and government departments. Sahara came out with OFCDs on the approvals of ROC and Ministry of Corporate Affairs. Now where are these regulators. Why they are not speaking. Either ROC and MCA were wrong or SEBI. Sahara has got stuck between Sarkari tantra. very sad.