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SAHARA CHIT FUND
SC clears fresh Rs 5,000 crore payout to Sahara depositors, extends deadline to 2026The Supreme Court has approved the disbursement of another Rs 5,000 crore from Sahara Group's SEBI deposits to repay investors in Sahara's ...- Sahara Group on 'Scam 2010 - The Subrata Roy Saga': An abusive and grossly condemnable actSahara Group criticises 'Scam 2010 - The Subrata Roy Saga' series by Hansal Mehta on Sony LIV, contemplating legal action for defamatory po...
- Probes against Sahara group cos will not be impeded by death of any person: Corp affairs ministryIndia's government has no plans to stop investigations into some Sahara group companies after the death of its founder Subrata Roy. Corpora...
- 'When Subrata Roy fell into tough times, he was almost all alone.' Harsh Goenka mourns death of Sahara bossThe RPG Enterprises chairman called it an unwritten rule of life that the tough times are a true test of friendship.
- Rs 1.12 lakh cr stuck: When will investors of Sahara para banking, Sahara Real Estate, Sahara Housing Investment get their money?Sahara Refund Portal Update: More than Rs 1.12 lakh crore funds of around 13 crore investors are stuck in several Sahara India group compan...
- SC allows centre's plea to release ₹5kcr Sahara funds to pay investorsThe apex court said that the amount shall be paid within nine months to genuine depositors in the most transparent manner, on proper identi...
- SEBI-Sahara fund: Supreme Court allows Centre's plea seeking Rs 5,000 crore to repay depositorsThe direction came on an application filed by the Centre in a PIL by a person, named Pinak Pani Mohanty, who sought a direction to pay the ...
- Sahara says Rs 3,226 crore paid to over 10 lakh cooperative society members in 75 daysThe group said there has been some delay in payments, primarily due to an embargo imposed for last eight years by the Supreme Court, while ...
- How GeNext and new entrants are working to upgrade chit fundsThe sector is facing competition from alternative savings/investment products, which are better packaged and marketed more aggressively.
- Who killed the chit fund? Poor-friendly savings scheme falls to bad PR, strict regulationThe Rs 35,000-crore chit fund industry – which runs mostly on cash — is living in constant fear of coming under the income tax scanner.
- Subrata Roy's meeting with agents in Cuttack cancelled"It is very unfortunate that I could not meet around 3,000 pariwar members in Cuttack. We had permission, but at the last moment Section 14...
- Trinamool Congress targets BJP in ParliamentTMC targeted BJP in Parliament by alleging that a diary of jailed Sahara group chief Subrata Roy contained the name of a senior leader of t...
- Trinamool, BJP members clash in ParliamentTrinamool demanded that Prime Minister Narendra Modi should explain what action CBI has taken after the name allegedly figured in the diary.
- 4 ways to avoid investing in fraudulent schemesInvestors often find themselves falling prey to scams. The best way to avoid getting conned is by studying the product on offer before you ...
- MCA to companies: Declare public fund raising in compliance to Sebi, RBI normsIt is mandatory for new companies to give declarations that no funds would be collected without meeting the applicable norms of Sebi and RB...
- Sahara to launch an Indian luxury brand for global marketSahara Group plans to launch an Indian luxury chain to sell 'Made in India' luxury goods in international markets such as the US and the UK.
- Know your deposit takerLay investors compare returns with post office saving schemes. Anything that looks dramatically better is irresistible to them.
- RBI tells state governments to take action against chit fundsReserve Bank of India wants strict enforcement of state laws to prevent chit funds from duping depositors.
- Sahara gets stay on RBI deposit banSahara India Financial Corporation (SIFCL) has obtained a stay on Reserve Bank of India’s ban on its mobilisation of deposits.
- Naresh Goyal likely to get a clean chitJet Airways chairman Naresh Goyal may not succeed in his attempts to acquire Sahara at a cheap price.
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