Quote of the day by American Economist Milton Friedman: ‘If you put the federal government in charge of the Sahara Desert, in 5 years…’ Witty take on inefficiency, corruption, and control as world faces oil and gas crisisQuote of the day: The “Sahara Desert” quote continues to resonate because it combines humor with sharp criticism. It may make people laugh,...
Quote of the Day by Nobel winning economist Milton Friedman, “If you put the federal government in charge of the Sahara Desert...” – Does Friedman's critique of government still apply in 2026? What does this powerful quote reveal about government efficiency, economic freedom, and modern life lessons?Quote of the Day by Nobel winning economist Milton Friedman: Global public spending has crossed $30 trillion in 2026. Efficiency remains a ...
Siphoned off policyholder funds: Supreme Court on Sahara India LifeSahara India Financial Corporation, the major shareholder of Sahara India Life Insurance, is in for a scolding from the Supreme Court. The ...
SAT stays Irdai's order on Sahara Life InsuranceThe matter, along with another appeal, will be further considered and argued on August 3, 2023. JP Sen, Senior Advocate, represented Sahara...
Transfer of Sahara Life business unlikely to impact SBI Life's balance sheetBesides, the expert said that the new policyholders may provide an opportunity for SBI Life to offer their product depending on their age p...
SAT quashes Irda order on transfer of Sahara Life businessThe insurance regulator had directed ICICI Prudential Life Insurance to take over assets and liabilities of policyholders of Sahara India L...
SAT asks Irdai to hear Sahara Life transfer afreshBut the tribunal upheld the insurance watchdog (Insurance Regulatory Development Authority) decision to appoint an administrator to run the...
SAT puts off hearing on Irdai-Sahara Life to August 10Irdai counsel Somasekhar Sundaresan today argued that as Sahara Life had allegedly siphoned off Rs 78 crore, transfer of business to ICICI ...
SAT stays IRDAI order on Sahara Life for a weekThe tribunal fixed the next hearing in the matter on August 7 when it will decide on the maintainability of the petition filed by SILIC aga...
Sahara to challenge IRDAI order on life insurance biz transfer to ICICI PruSahara alleged that the insurance regulator has "wrongly concluded" that the promoter was no more 'fit and proper' and a sum of Rs 78 crore...
Irda directs ICICI Prudential Life to takeover Sahara LifeICICI Prudential Life has expressed its interest to take over the policyholders’ assets and liabilities of Sahara Life.
Subrata Roy seeks time from Irda to turnaround Sahara Life InsuranceIrda had flagged concerns over the management of Sahara Life, saying it had reasons to believe the insurer may act in a manner “prejudicial...
ICICI Prudential evaluating taking over Sahara LifeOn 12 June, the regulator appointed RK Sharma, a general manager at the regulator, as the administrator to manage the affairs of the insure...
Irdai takes over the management of Sahara India Life Insurance Co; appoints R K Sharma as administratorIrdai said that chairman (Subrata Roy) of the Board was in judicial custody and people were not willing to join the company.
IRDA imposes fine on Sahara Life, Aviva Life for norm violationInsurance regulator IRDA has slapped penalty of Rs 25 lakh and Rs 5 lakh on Sahara Life and Aviva Life respectively for violation of regula...
Days ahead of SAT hearing, 3 independent directors quit Sahara GroupOn April 13, the Securities Appellate Tribunal will hear Sahara chief Subrata Roy's appeal against Sebi's order of freezing his assets and ...
- IRDA slaps Rs 12 lakh penalty on Sahara Life Insurance
IRDA slapped a fine of Rs 12 lakh on Sahara Life Insurance Company promoted by Subrata Roy-led Sahara Group for violation of various regula...