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Sahara may exit finance business by December 2017Faced with a tight cash flow, Sahara is contemplating to exit its finance business by December 2017 and focus on retail , real estate, life...- Supreme Court declines to recall non-bailable warrant against Subrata RoyRoy was arrested in Lucknow today after he surrendered to the police, two days after a non-bailable warrant was issued against him.
- Sahara chief Subrata Roy surrenders to UP police; to stay in custody till March 4Ram Jethmalani told SC that Sahara chief Subrata Roy is in police custody in Lucknow and pleaded for recall of NBW issued on February 26.
- Sahara chief Subrata Roy moves Supreme Court for cancellation of NBWThe three directors of Sahara Group, who were also summoned along with Roy, had appeared in the court yesterday.
- SC raises question on Sahara firms transacting crores in cashThe Supreme Court today raised question on how Sahara transacted thousands of crores in cash with its sister firms for purportedly refundin...
- Sahara group lines up Rs 32,400 cr investment; 56k new jobsThe group also claimed a huge asset base with a market value of "Rs 1,52,518 crore" and a land bank of 36,631 acres.
- Subrata Roy moves SC seeking permission to go abroadSenior advocate C A Sundaram, appearing for Roy, submitted that his client has some business overseas and he is needed there.
- Supreme Court refuses to pass order allowing Subrata Roy to go abroadSupreme Court today refused to pass any interim order for allowing Sahara chief Subrata Roy to go abroad before his group files a review pe...
- Can't be tried for contempt to ensure compliance of orders: Sahara to SC"The contempt proceedings are not a substitute to the execution proceedings, initiated in a money suit to enforce a decree," Jethmalani sai...
- Hard to believe that Sahara refunded money to investors: Supreme CourtThe Supreme Court today said it is "extremely difficult" to believe Sahara group's contention that it had refunded Rs 22,000 crore to its i...
- SEBI to ascertain genuineness of Sahara's investors: SCThe SEBI should come out with a mechanism to verify the genuineness of investors, who had invested in the Sahara Group, SC said today.
- SC stays proceedings on Sahara group & Subrata Roy's petitionThe Supreme Court today stayed proceedings on pleas filed by Sahara group and its chief Subrata Roy against refunding Rs 24,000 crore to in...
- SC refuses to grant more time to Sahara to refund Rs 24,000 croreThe last hope of Sahara group to get more time to refund Rs 24,000 cr to its investors was on Monday dashed in the SC.
- SEBI, Sahara, 2G, mining, Vodafone dominated Supreme Court in 2012One judgement which gave a body blow to both the government and corporates, was the February 2 verdict of the apex court scrapping the 122 ...
- SC blow to govt in high-profile cases, death to KasabAs Gujarat went to the polls, CBI and an NGO left no stone unturned to vigorously pursue some of the cases arising out of the 2002 riots an...
- SEBI can take action against Sahara for not providing documents: Supreme CourtSC said SEBI can take action against Sahara for non-compliance of its directions relating to the refund of Rs 24,000 cr.
- Sahara group seeks review of SC verdict on refunding Rs 24,000 croreSahara today moved SC seeking review of the verdict ordering it to refund Rs 24,000 crore, raised from investors through OFCDs.
- Will refund Rs 24,000 crore to investors in 3 months: Sahara to Supreme CourtSahara assured the SC that its two cos which had raised Rs 24k cr through OFCDs from their investors will refund the amount within three mo...
- After SC verdict on Sahara, government tightens scrutiny of firms' fund raising plans, end useThe govt has strengthened its surveillance mechanism over companies raising funds from the public as also on their end-use.
- Sahara sends two truck-loads of papers to Sebi; another on wayOfficials at neither Sebi nor Sahara group were willing to speak specifically about the ongoing stand-off between them.
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