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  • SAT asks Sahara group firm, ex-directors to deposit Rs 2,000 crore with Sebi Nov 18, 2021 10:06 PM IST

    SAT asks Sahara group firm, ex-directors to deposit Rs 2,000 crore with Sebi

    The fund will be kept by market regulator Sebi in an escrow account. Following the deposit of the amount, the attachment order against the company and its directors would be lifted, SAT said in an order.

  • Court summons Netflix directors, producer in defamation case filed by Sahara Oct 13, 2021 08:45 PM IST

    Court summons Netflix directors, producer in defamation case filed by Sahara

    Filing the case, the complainant alleged that the accused prepared and released the said documentary series on Netflix on October 5, 2020 in most defamatory manner to tarnish image of Sahara and its chief.

  • Sahara Group company’s insolvency case throws up fresh conundrum Sep 03, 2021 02:14 PM IST

    Sahara Group company’s insolvency case throws up fresh conundrum

    The issue is how to proceed with the insolvency case against Baghauli Sugar and Distillery when the Supreme Court had restrained the parent Sahara Group from disposing of any property

  • Sahara Group's Subrata Roy tests positive for COVID-19 Apr 09, 2021 04:43 PM IST

    Sahara Group's Subrata Roy tests positive for COVID-19

    Amidst the rising number of COVID-19 cases, Subrata Roy has appealed to everyone that the priority should be to "stay safe and take care of people around us", according to a release.

  • Sahara group's two firms move Supreme Court, file contempt plea against SEBI Dec 02, 2020 10:20 PM IST

    Sahara group's two firms move Supreme Court, file contempt plea against SEBI

    SEBI had moved the apex court seeking direction to the firms to pay the amount of over Rs 62,602 crore in compliance with the court's earlier orders, failing which the group's chief Subrata Roy be taken into custody.

  • SEBI moves Supreme Court against Sahara India Real Estate Corporation, Sahara Housing Investment Corporation Nov 18, 2020 08:29 PM IST

    SEBI moves Supreme Court against Sahara India Real Estate Corporation, Sahara Housing Investment Corporation

    The market regulator wants the contemnors to be taken into custody if they fail to return the amount to the bondholders.

  • Sahara says Rs 3,226 crore paid to cooperative society members in 75 days Oct 12, 2020 03:17 PM IST

    Sahara says Rs 3,226 crore paid to cooperative society members in 75 days

    The group said there has been some delay in payments, primarily due to an embargo imposed for last eight years by the Supreme Court, while approximately Rs 22,000 crore of its funds, including interest amount, are deposited in the Sahara-Sebi account, which was created to refund bondholders of two group firms.

  • Sahara Group terms Netflix's Bad Boy Billionaires: India ill-motivated, incorrect and misleading Oct 05, 2020 07:51 PM IST

    Sahara Group terms Netflix's Bad Boy Billionaires: India ill-motivated, incorrect and misleading

    The documentary is technically misguided, when it uses words like Chit Fund, against legally founded businesses of Saharas, commenced within regulatory/ legal framework, Sahara Group said in a statement

  • All problems will be resolved in 2020, says Subrata Roy in letter to investors Feb 12, 2020 05:25 PM IST

    All problems will be resolved in 2020, says Subrata Roy in letter to investors

    Roy has also assured all Sahara investors that they would get their invested amount with full interest and an additional interest would be paid even for a day's delay.

  • Rs 106 cr refunded to Sahara group investors; Sahara wants 'idle' money back: SEBI Sep 02, 2019 05:30 PM IST

    Rs 106 cr refunded to Sahara group investors; Sahara wants 'idle' money back: SEBI

    The refund has been made from a special account created by SEBI, to which Sahara was asked to deposit the money even as the group has maintained that it had directly refunded more than 95 percent of investors.

  • Supreme Court directs Sahara chief Subrata Roy to appear before it on Feb 28 Jan 31, 2019 05:12 PM IST

    Supreme Court directs Sahara chief Subrata Roy to appear before it on Feb 28

    A bench headed by Chief Justice Ranjan Gogoi noted that the group has deposited only Rs 15,000 crore.

  • Sahara's Aamby Valley property auction process to continue: SC May 16, 2018 08:48 PM IST

    Sahara's Aamby Valley property auction process to continue: SC

    The bench was informed that the group has failed to deposit the money.

  • Sahara group reaches deal to sell iconic Plaza hotel for $600 mn: Report May 04, 2018 09:30 PM IST

    Sahara group reaches deal to sell iconic Plaza hotel for $600 mn: Report

    The report in the New York Times said that Shahal Khan, founder of the Dubai-based family office White City Ventures, and Kamran Hakim of the Hakim Organization, a major New York City landlord, have reached a deal to buy a majority share of the Plaza Hotel for USD 600 million.

  • Bihar Dy CM alleges Sahara group helped Lalu's family buy property from Tata group through shell firm May 02, 2018 09:30 PM IST

    Bihar Dy CM alleges Sahara group helped Lalu's family buy property from Tata group through shell firm

    Modi's allegation comes days after he claimed that Lalu Prasad's family, including his son Tejashwi, acquired a two-storeyed building of Tata Iron and Steel Company located in a posh locality of Patna worth crores through a shell company named 'Fairgrow Holding Pvt Ltd'.

  • SAT stays Sebi order of winding up Sahara MF Apr 20, 2018 07:27 PM IST

    SAT stays Sebi order of winding up Sahara MF

    In an order passed last week, the Securities and Exchange Board of India (Sebi) had asked Sahara Mutual Fund to wind up all its schemes.

  • Sahara says pact signed for $1.6 bn loan on Aamby Valley Sep 12, 2017 08:00 AM IST

    Sahara says pact signed for $1.6 bn loan on Aamby Valley

    "Royale Partners Investment Fund Limited of Dubai, headed by HE Sultan Al Ahbabi has entered into an agreement with Sahara to provide loan of USD 1.6 Billion against the security of 26 per cent of the shares of Aamby Valley Ltd," a Sahara group lawyer said in a statement.

  • Sahara group hires JLL Hotels for Plaza hotel sale: Report Aug 22, 2017 09:25 PM IST

    Sahara group hires JLL Hotels for Plaza hotel sale: Report

    The Wall Street Journal reported that Sahara has hired JLL Hotels and Hospitality Group, a unit of real-estate firm JLL, to find a buyer for the Plaza hotel.

  • Sahara's Aamby valley up for auction at Rs 37,000 Crore Aug 14, 2017 10:09 AM IST

    Sahara's Aamby valley up for auction at Rs 37,000 Crore

  • SEBI case against Sahara firms: Argument on framing of charges begin Jun 08, 2017 07:54 AM IST

    SEBI case against Sahara firms: Argument on framing of charges begin

    They had no approval for 'Red Herring Prospectus' from SEBI, and didn't list OFCDs on the stock exchange, she said.

  • I-T dept issues Rs 24,646-crore notice to Sahara’s Aamby Valley Apr 26, 2017 04:00 PM IST

    I-T dept issues Rs 24,646-crore notice to Sahara’s Aamby Valley

    The Income Tax (I-T) department, as part of a special investigation and audit into the account books of the Sahara Group’s Aamby Valley Limited (AVL), has slapped a Rs 24,646-crore tax demand and penalty &#82

  • Tata, Godrej, Adani show interest in buying Sahara properties Apr 19, 2017 06:53 PM IST

    Tata, Godrej, Adani show interest in buying Sahara properties

    The properties, mostly land parcels being auctioned by real estate consultant Knight Frank India, have also generated interest from several real estate developers including Omaxe and Eldeco, as also from HNIs and at least one public sector firm Indian Oil, sources familiar with the process said.

  • SC orders sale of Sahara’s Aamby Valley Apr 18, 2017 02:00 PM IST

    SC orders sale of Sahara’s Aamby Valley

    Irked over non-submission of money, the Supreme Court on April 17, 2017, decided to sell Rs 34,000 crores worth properties of the Sahara Group at the Aamby Valley and sought Subrata Roy’s presence next &#82

  • Sell Sahara's Rs 34000 crore worth Aamby Valley properties: SC Apr 17, 2017 03:29 PM IST

    Sell Sahara's Rs 34000 crore worth Aamby Valley properties: SC

    "Enough is enough. You cannot say something today and resile tomorrow," a bench, comprising Justices Dipak Misra, Ranjan Gogoi and A K Sikri, said, taking strong note of non- submission of over Rs 5,000 crore by the Sahara group.

  • Aamby Valley will be auctioned if Rs 5,000 crores not paid: SC to Sahara Mar 22, 2017 01:00 PM IST

    Aamby Valley will be auctioned if Rs 5,000 crores not paid: SC to Sahara

    The Supreme Court, on March 21, 2017, warned the Sahara Group that it will auction its prime property worth Rs 39,000 crores at Aamby Valley in Pune, if Rs 5,092.6 crores is not paid &#82

  • Will auction Aamby Valley if Rs 5,000 cr not paid: SC to Sahara Mar 21, 2017 09:43 PM IST

    Will auction Aamby Valley if Rs 5,000 cr not paid: SC to Sahara

    The Supreme Court today warned the Sahara Group that it would auction its prime property worth Rs 39,000 crore at Aamby Valley in Pune if Rs 5092.6 crore is not paid by the company by April 17 as promised.

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