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  • SEBI-Sahara case: SC exempts Sahara group chief Subrata Roy from personal appearance Jan 24, 2020 06:50 PM IST

    SEBI-Sahara case: SC exempts Sahara group chief Subrata Roy from personal appearance

    A bench, comprising Chief Justice S A Bobde and Justices B R Gavai and Surya Kant Friday, took note of the plea of senior advocate Vikas Singh, appearing for Roy, and granted them exemption from personal appearance.

  • Credit goes to Mukherjee, Chidambaram and Jaitley for strong action against Sahara: Sebi ex-chief Sinha Jan 05, 2020 01:53 PM IST

    Credit goes to Mukherjee, Chidambaram and Jaitley for strong action against Sahara: Sebi ex-chief Sinha

    In his new book 'Going Public: My Time at Sebi', Sinha has said that the Sahara case attracted substantial media attention and political leaders across the party took keen interest in the matter.

  • SEBI says Rs 106 cr refunded to Sahara investors; co wants 'idle' money back Sep 02, 2019 06:45 PM IST

    SEBI says Rs 106 cr refunded to Sahara investors; co wants 'idle' money back

    Sahara group said this only validates its long-maintained stand that more than 95 per cent investors were already repaid directly by it and the money deposited by it with Sebi for refunds amounted to 'double payment'. The group said the 'idle' money lying with Sebi should be returned to it so that it can use the same for business expansion and for creating jobs.

  • NCLAT upholds insolvency proceedings against Sahara Q Shop Aug 15, 2019 06:00 PM IST

    NCLAT upholds insolvency proceedings against Sahara Q Shop

    In December 21, 2018 the government had informed that the Serious Fraud Investigation Office (SFIO) is probing Sahara group firm Sahara Q Shop Unique Products Range Ltd after receiving 744 complaints against the company.

  • SFIO probing Sahara Q Shop after govt received 744 complaints: Minister Dec 21, 2018 05:20 PM IST

    SFIO probing Sahara Q Shop after govt received 744 complaints: Minister

    To a query on whether the government has received several complaints against Sahara Q, Minister of State for Finance Pon Radhakrishnan replied in the affirmative.

  • SEBI's fresh Rs 14,000-cr refund order for Sahara group firm amount to 'double payment' Nov 02, 2018 05:07 PM IST

    SEBI's fresh Rs 14,000-cr refund order for Sahara group firm amount to 'double payment'

    "On our part, everything was done as per law and with all the necessary permissions from the government authorities," Sahara group said.

  • SAT allows Sahara to withdraw appeal against Sebi order in MF matter Apr 26, 2018 07:10 PM IST

    SAT allows Sahara to withdraw appeal against Sebi order in MF matter

    "Appellants are permitted to withdraw the appeal with liberty to file fresh appeal," SAT said in an order.

  • SC allows Sahara Group to sell part of Aamby Valley to avoid full auction Apr 19, 2018 04:58 PM IST

    SC allows Sahara Group to sell part of Aamby Valley to avoid full auction

    A special bench headed by Chief Justice Dipak Misra made it clear that if the Sahara Group fails to sell its property by May 15, the Bombay High Court's official liquidator will proceed with the proposed auctioning process to sell the property.

  • SC asks Bombay HC Receiver to auction Sahara's Aamby Valley Nov 23, 2017 04:17 PM IST

    SC asks Bombay HC Receiver to auction Sahara's Aamby Valley

    A bench comprising Chief Justice Dipak Misra and Justices Ranjan Gogoi and A K Sikri also asked the official liquidator of the Bombay High Court to take the help of the Receiver and ensure that the Aamby Valley properties are auctioned.

  • What changed for the market while you were sleeping? 20 things you should know Oct 11, 2017 07:39 AM IST

    What changed for the market while you were sleeping? 20 things you should know

    A look at top cues from domestic and international cues that could have a bearing on D-Street.

  • SEBI files contempt-of-court proceedings in SC against Sahara Oct 10, 2017 05:11 PM IST

    SEBI files contempt-of-court proceedings in SC against Sahara

    SEBI alleges that the company attempts to disrupt auction proceedings of their Pune based property, Aamby Valley.

  • Sebi moves contempt plea against Sahara for obstructing Aamby Valley auction Oct 10, 2017 12:21 PM IST

    Sebi moves contempt plea against Sahara for obstructing Aamby Valley auction

    Earlier, only two potential bidders were believed to have shown initial interest for embattled Sahara group's super luxurious Aamby Valley resort town, which has been put up for a Supreme Court ordered auction by the official liquidator at a reserve price of Rs 37,392 crore.

  • Middle East giant in talks to buy Sahara's billion-dollar US hotels Aug 27, 2017 04:16 PM IST

    Middle East giant in talks to buy Sahara's billion-dollar US hotels

    Sahara holds 85 per cent in New York's Dream Downtown hotel and 70 per cent in the Plaza.

  • Subrata Roy meets IRDAI chief on Sahara Life; ICICI Pru submits valuation report Jul 24, 2017 10:25 PM IST

    Subrata Roy meets IRDAI chief on Sahara Life; ICICI Pru submits valuation report

  • SC declines Sahara's request to extend deadline for Rs 500 cr payment Jul 05, 2017 05:32 PM IST

    SC declines Sahara's request to extend deadline for Rs 500 cr payment

    The apex court had earlier asked the company to pay the amount by July 15, for which an extension till August 30 for requested by Sahara.

  • Sebi to e-auction Sahara property in Uttarakhand on July 28 Jul 04, 2017 04:21 PM IST

    Sebi to e-auction Sahara property in Uttarakhand on July 28

    In a public notice today, the Securities and Exchange Board of India said that SBI Capital Markets has been mandated to e-auction a 82.93 acres of land located in village - Bahadarabad and Ranipur in Haridwar, Uttarakhand.

  • Sahara in talks for sale of foreign hotels and 30 domestic assets May 25, 2017 08:25 PM IST

    Sahara in talks for sale of foreign hotels and 30 domestic assets

    More than 250 Expressions of Interest were received for sale of the 30 domestic properties across India for the auction.

  • Non-payment of Rs 1,500 crore will land Subrata Roy in jail: SC Apr 27, 2017 05:28 PM IST

    Non-payment of Rs 1,500 crore will land Subrata Roy in jail: SC

    The Supreme Court today extended till June 19 the parole of Sahara chief Subrata Roy with a warning that failure to meet the deadline of June 15 for the payment of Rs 1,500 crore would land him in prison once again.

  • 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

  • I-T dept issues Rs 24,646 cr notice to Sahara's Aamby Valley Apr 25, 2017 08:10 PM IST

    I-T dept issues Rs 24,646 cr notice to Sahara's Aamby Valley

    The Income Tax department has issued a Rs 24,646 crore tax demand notice to Sahara Group's Aamby Valley Limited (AVL) after conducting a special audit of the company.

  • 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

  • SC orders sale of Aamby Valley as Subrata Roy fails to pay Rs 300 cr instalment Apr 17, 2017 03:55 PM IST

    SC orders sale of Aamby Valley as Subrata Roy fails to pay Rs 300 cr instalment

    In an earlier hearing on the dispute between Sahara chief Subrata Roy and Securities and Exchange Board of India (Sebi) over the non-payment of money to millions of investors, the Supreme Court had warned Sahara that if the company failed to deposit Rs 5,000 crore, the court would auction the Aamby Valley property.

  • 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

  • SC orders attachment of Sahara’s prime Aamby Valley property Feb 07, 2017 02:00 PM IST

    SC orders attachment of Sahara’s prime Aamby Valley property

    The Supreme Court, on February 6, 2017, directed attachment of the Sahara Group’s Aamby Valley property in Pune, for realisation of money to be paid to its investors. The apex court also asked the &#82

  • SEBI struggling to sell Sahara properties due to title disputes Jan 23, 2017 06:31 PM IST

    SEBI struggling to sell Sahara properties due to title disputes

    The Securities and Exchange Board of India is finding it hard to sell the properties of Sahara India Pariwar because of issues with the title deeds.

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