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    • Reveal source of Rs 20,000 cr refund, SC tells Sahara

      Not only did the court today refuse to permit Subrata Roy Sahara from traveling abroad, it also directed him and his group of companies to explain how they managed to refund Rs 20,000 crore to Optionally Fully Convertible Debentures (OFCD) investors and what was the source of the fund.

    • Sahara: Forced Redemptions Or Dead Investors?

      Did you see the Sahara advertisements last weekend? Menaka Doshi asks – did Sahara force redemptions on its investors? Either that or crores of its investors died in the past 12 months!

    • Ready to pay as per Supreme Court directives: Sahara

      Hours after the Supreme Court directed Sahara Group to make payment of Rs 24,000 crore to its investors within nine weeks, the company said it was ready to pay as per the directives.

    • Sahara slammed: Repay bond holders, says SEBI

      Woes of Sahara-owned companies appear to be multiplying. The Securities and Exchange Board of India (SEBI) has asked Sahara companies to refund money raised via optionally fully convertible debentures (OFCDs).

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