Sahara Group
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Refund cap for Sahara Group depositors increased to Rs 50,000 from Rs 10,000: Govt
Business | Sep 18, 2024, 07:54 PM ISTThe government has so far released Rs 370 crore to more than 4.29 lakh depositors of Sahara Group of Cooperative Societies through the CRCS-Sahara refund portal.
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Subrata Roy: A rags-to-riches story of Saharasri
Business | Nov 15, 2023, 02:06 PM ISTAs the company became a major conglomerate, Roy's lavish lifestyle became a major source of attraction and he was seen rubbing shoulders with high-profile politicians and Bollywood celebrities. This saw a steep downfall when the Sahara scandal came to light in 2014, which ruined his reputation.
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Subrata Roy, Sahara Group's founder, dies at 75 in Mumbai's Kokilaben Ambani Hospital
India | Nov 15, 2023, 12:29 AM ISTSubrata Roy passed away at 10.30 pm due to cardiorespiratory arrest following an extended battle with complications arising from metastatic malignancy, hypertension, and diabetes.
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SC lifts stay on probe against Sahara Group companies by Serious Fraud Investigation Office
India | May 26, 2022, 01:11 PM ISTA vacation bench of justices DY Chandrachud and Bela M Trivedi allowed the appeal filed by the SFIO against the high court order.
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Blow to Sahara Group as Bombay HC puts Aamby Valley up for auction at Rs 37,392 cr
Aug 14, 2017, 11:01 AM ISTIn a major setback to the Subrata Roy-owned Sahara Group, the Bombay High Court's Office of Official Liquidator (OL) on Monday put up its prestigious Aamby Valley city project in Pune for a public auction
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Sahara Group moves Supreme Court to stall auction of Aamby Valley
Aug 09, 2017, 01:54 PM ISTOn July 25, the apex court had asked Sahara chief Subrata Roy to deposit Rs 1,500 crore - a part payment of Rs 24,000 crore that two group companies had raised from the investors
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SC asks Sahara chief Subrata Roy to deposit Rs 1,500 cr by September 7
Jul 25, 2017, 05:53 PM ISTOn July 5, the apex court had noted that Roy had deposited Rs 710.22 crore in the SEBI-Sahara account, but had warned him that his cheque of Rs 552.21 crore must be realised within the July 15 deadline.
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SEBI to e-auction Sahara property in Uttarakhand on July 28
Jul 04, 2017, 04:44 PM ISTFollowing directions from the Supreme Court for the sale of certain Sahara assets to recover money, SEBI has appointed SBI Capital Markets (SBI Caps) and HDFC Realty for auctioning various land parcels held by Sahara group.
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SC orders auction of Sahara’s Aamby Valley to recover debt
Apr 17, 2017, 05:05 PM ISTThe court also directed Roy to be personally present on April 28 when it will take up the matter for further hearing.
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‘Will auction Aamby Valley if money not deposited’: SC refuses to grant extra time to Sahara
Apr 06, 2017, 07:02 PM ISTThe court made it clear that no extension of time will be granted for depositing the amount as it had assured the court that it would pay the money by April 17.
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Will auction Aamby Valley if Rs 5,000 cr not paid: SC to Sahara
Mar 22, 2017, 11:56 AM ISTAamby Valley is Sahara’s flagship project consisting of luxury resorts, man-made lakes and an airport. It is spread over 4,000 hectares in Maharashtra.
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Supreme Court attaches Sahara Group's Aamby Valley property worth Rs 39,000 cr
Feb 06, 2017, 04:53 PM ISTThe Supreme Court on Monday ordered the attachment of Sahara Group's Aamby Valley property, the Rs 39,000 crore luxury township near Lonavala in Pune.
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'No truth’ in Sahara diaries, says Sheila Dikshit, after Cong tweets list
National | Dec 26, 2016, 03:33 PM ISTDays after the Cong party, unintentionally showed up former Delhi CM Sheila Dikshit as a recipient of Rs 1 crore in ‘Sahara diaries’, the party veteran come out to deny the charges, saying there is no truth in the allegations.
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SC amazed at Subrata Roy’s wealth, asks ‘why such a rich man not paying dues’
May 12, 2016, 08:54 PM ISTNew Delhi: Having scanned the details of total wealth possessed by Sahara Chief Subrata Roy both in India and abroad, the Supreme Court put forth a question on Wednesday asking “why a mega chief group
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SC asks Sahara group to furnish details of all properties
Apr 27, 2016, 08:56 PM ISTThe Supreme Court today directed the Sahara group to furnish details of all its properties in a sealed cover to ascertain the fact as to whether they are sufficient for paying back the entire amount to the investors.
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Supreme Court directs SEBI to sell Sahara properties to recover dues
Mar 29, 2016, 04:41 PM ISTThe Supreme Court today directed the market regulator Securities and Exchange Board of India (SEBI) to appoint an agency to sell the 86 assets held by Sahara Group after the group expressed its ability to furnish the amount required to free Chairman
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Sahara Group's Aamby Valley sealed by Maha govt for tax default
Mar 01, 2016, 05:19 PM ISTPune: Sahara Group's flagship project, Aamby Valley Resort, has been sealed by the Maharashtra government for non-payment of non-agriculture taxes of around Rs.4.50 crore, an official said today.A team of officials swooped on the township
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Sahara seals Rs 5,500 cr debt deal for foreign hotels
Jun 08, 2015, 09:42 AM ISTLondon: In a major deal for Saharas, billionaire brothers David and Simon Reuben have acquired control of the crisis-hit Indian group's iconic Grosvenor House Hotel here and the two US properties -- Plaza and Dream
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Sahara ready to pay Rs10,000 crore as bail for Subroto Roy's release
May 09, 2015, 10:30 AM ISTNew Delhi: The Sahara group on Friday agreed to the court-mandated condition of furnishing Rs 10,000 crore to secure release of its chief Subrata Roy.Roy's counsel informed the bench of Justice TS Thakur that they
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Sebi moves US court with $12 mn claim on Sahara jet sale
Apr 13, 2015, 07:10 AM ISTNew York: In a new twist to the high profile Sebi-Sahara case, the Indian capital markets regulator has approached a US court with a USD 12-million claim on proceeds from sale of a corporate jet