Page 4 of Sahara Group

Sebi cancels Sahara mutual fund’s licence

In a 22-page order which is applicable with immediate effect, Sebi whole-time member Prashant Saran stated that Sahara’s AMC did…

July 29, 2015 00:55 IST

No longer ‘fit and proper’, Sebi cancels Sahara Mutual Fund’s licence

In a fresh crackdown on Sahara Group, regulator Sebi today cancelled the registration of Sahara Mutual Fund saying it was…

Updated: July 29, 2015 10:17 IST

In Subrata Roy’s Sahara case, Warren Buffett & Bernie Madoff are examples!

Be it legendary investor Warren Buffett or the infamous ponzi operator Bernie Madoff, both have become examples in court proceedings…

Updated: July 19, 2015 16:42 IST

Sahara Group asset sale: Supreme Court turns into auction room

Supreme Court on Monday conducted a court-room auction for sale of the Sahara group’s 46-acre land in Uttar Pradesh’s Gorakhpur.

Updated: July 14, 2015 08:40 IST

Sahara Group Chief Subrata Roy’s bail: Supreme Court turns an auction room

The Supreme Court today virtually turned an auction room when two real estate firms hiked their bids for the purchase…

July 13, 2015 19:44 IST

Sahara asks US court to reject attachment plea for hotels

Seeking an immediate rejection of a plea by Hong Kong- based JTS Trading to attach Sahara’s Plaza and Dream Downtown…

July 12, 2015 15:37 IST

Sahara Group tells SC: No company in world can pay Rs 36,000 crore in 18 months

Expressing its inability to pay Rs 36,000 crore of investors’ money, collected through illegal bond schemes, in 18 months, the…

Updated: July 8, 2015 17:03 IST

Sale of Sahara’s asset; Supreme Court asks realty firms to show bonafides

The Supreme Court today asked two real estate firms engaged in a tug of war over purchasing Sahara Group’s over…

July 7, 2015 21:57 IST

HC extends stay on proceedings against Sahara Group’s Subrata Roy in Income Tax case

Delhi High court today extended till August 18 the stay on trial court proceedings against Sahara chief Subrata Roy in…

July 2, 2015 19:12 IST

Subrata Roy’s Sahara says will defend lawsuit on US hotels sale

Facing a lawsuit in the US over sale of its overseas hotels, crisis-ridden Sahara said it was a “private dispute”…

Updated: July 6, 2015 17:23 IST

US court issues show-cause notice to Sahara in $350 mn lawsuit

In fresh troubles for Sahara, a US court has issued show-cause notice to the group in connection with a USD…

June 22, 2015 20:20 IST

Was compelled to put Subrata Roy behind bars to make the law work: Supreme Court

In a candid admission, a three-judge bench led by Justice TS Thakur said the order was indeed “unprecedented but justifiable”…

Updated: June 20, 2015 08:24 IST

Supreme Court sets terms for Subrata Roy’s release from Tihar jail, gives Sahara group 18 months to pay Rs 36,000 cr

The Supreme Court today asked jailed Sahara chief Subrata Roy to furnish Rs 5,000 crore in cash and a bank…

Updated: June 19, 2015 19:28 IST

Subrata Roy’s Sahara group averts Grosvenor House sale; seals $850 million loan deal

In a major deal for Subrata Roy’s Sahara group, billionaire brothers David and Simon Reuben are set to take over…

Updated: June 7, 2015 19:17 IST

Sahara group says not bidding for Grosvenor House hotel

With its prized property, Grosvenor House, put on sale by lender Bank of China for a loan ‘default’, crisis-hit Sahara…

May 28, 2015 21:47 IST

Top 10 business news today: Ramdev case, Smriti Irani on IIT, Property tax relief, Subrata Roy Sahara case, United Spirits, more

Top 10 business news today: ED may close FEMA case against Ramdev. Smriti Irani rejects Anil Kakodkar’s view on IIT…

May 28, 2015 16:26 IST

Subrata Roy’s Sahara Group enters fray for its own Grosvenor hotel!

Grosvenor House, a landmark property on Park Lane was designed by acclaimed architect Sir Edwin Lutyens, and was purchased by…

Updated: May 27, 2015 17:33 IST

High Court extends stay of proceedings against Sahara chief Subrata Roy in IT case

The Delhi High court today extended till July 2 the trial court proceedings against Sahara Chief Subrata Roy…

May 25, 2015 20:36 IST

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