Funds totalling Rs 24,000 crore lying unutilised with Sebi; unreasonable to ask to deposit more money: SaharaLast week, Finance Minister Nirmala Sitharaman told the Lok Sabha that till November 30, Sahara Group's real estate arm Sahara India Real E...
30 Dec, 2021, 09.53 AM IST
Sebi still holds over Rs 23,000 cr of Sahara bondholders' moneyThe Securities and Exchange Board of India (Sebi) held ₹23,191 crore of Sahara Group bondholders' money in an escrow account as of March 31...
28 Dec, 2021, 06.35 AM IST
Two Sahara group firms move Supreme Court, files contempt plea against SEBISahara India Real Estate Corporation Ltd. (SIRECL) and Sahara Housing Investment Corporation Ltd. (SHICL), in their contempt plea have alle...
02 Dec, 2020, 09.47 PM IST
All problems to be resolved in 2020; two foreign investors roped in for realty, city development biz: Sahara chiefIn a letter to investors on the occasion of the group's 42nd Foundation Day, celebrated on February 1, Roy said the group always kept intac...
12 Feb, 2020, 04.48 PM IST
Sebi cracks down on Sahara again, orders Rs 14,000 crore refund with 15% interestSebi has barred Sahara India from the securities markets for four years.
01 Nov, 2018, 07.33 PM IST
Sahara says confident of getting out of financial constraints by next fiscal, entering new businessesThe group said it is confident that the money in Sebi-Sahara account will come back to it after verification of documents about the investo...
01 Jul, 2018, 05.59 PM IST
Subjected to double payment of single liability: SaharaThe entire Sahara Group is under an embargo which means that if any asset is sold or mortgaged to raise funds, then that entire money shall...
06 Oct, 2017, 10.53 PM IST
Sahara short of Rs 9,000 crore of Rs 24,000 crore principal amountThe court was earlier irked over non-submission of money and had decided to sell off Rs 34,000 crore worth of properties of the Sahara Grou...
05 Jul, 2017, 07.48 PM IST
Supreme Court asks Sahara chief Subrata Roy to appear before it on April 28The apex court had on February 28 said "in case, the substantial amount is deposited, this court may think of extending the time, otherwise...
17 Apr, 2017, 04.49 PM IST
Will auction Aamby Valley if money not deposited: Supreme Court to SaharaA bench told the group that no extension of time would be granted for depositing the amount as it had assured the court that it would pay t...
06 Apr, 2017, 07.58 PM IST
Will auction Aamby Valley if Rs 5,000 cr not paid: Supreme Court to SaharaThe court had on November 28 last year asked Roy to deposit Rs 600 crore more by February 6 in the SEBI-Sahara refund account to remain out...
21 Mar, 2017, 08.05 PM IST
Sahara Group inks Rs 10,000 crore deal with 'Qatar fund' for sale of hotelsAppearing for the group, Kapil Sibal promised Rs 300 crore more by August 3 and said group wanted to transfer to SC-created Sebi-Sahara acc...
12 Jul, 2016, 10.05 AM IST
Sahara lands in another trouble, Supreme Court fiat on diversion of fundsFacing tough times in its attempt to get Subrata Roy out of jail, Sahara landed in a soup as SC asked it to explain how it encashed securit...
24 Feb, 2015, 07.38 PM IST
Sebi has so far refunded only Rs 2 crore, claims SaharaSahara has been directed by the SC to cough up more than Rs 20,000 crore to Sebi for the regulator to refund investors of optionally conver...
10 Jan, 2015, 04.33 AM IST
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 ...
08 Apr, 2013, 07.22 AM IST
Sahara Housingfina Corp, Sahara One Media shares dive over 19%Shares of Sahara Housingfina Corporation and Sahara One Media & Entertainment tanked as much as 19% after Sebi ordered freezing of bank acc...
14 Feb, 2013, 01.47 PM IST
Market regulator Sebi freezes assets of Subrata Roy and two Sahara Group companies"The only option for them now is to pray, and perhaps seek more time from Supreme Court to delay any freeze of assets," an expert said.
14 Feb, 2013, 10.11 AM IST