Sahara India

  • Difficult to believe that Sahara refunded money to investors, says SC 13-08-2013 09:34 PM

    New Delhi: The Supreme Court on Tuesday said it is "extremely difficult" to believe Sahara group's contention that it had refunded Rs 22,000 crore to its investors even before an order was passed directing its firm to deposit Rs 24,000 with SEBI. Sahara group, which faced tough time in convincing...
  • Subrata Roy not liable for refunding Rs 24,000 crore: Sahara to SC 06-08-2013 07:50 PM

    New Delhi: Sahara group on Tuesday told the Supreme Court that its chief Subrata Roy is not liable for refunding Rs 24,000 crore collected by its two firms from investors, countering the arguments of SEBI which wanted his passport to be impounded till the contempt plea against him and companies...
  • Supreme Court to hear Sahara-SEBI case today 06-08-2013 10:50 AM

    New Delhi: The Supreme Court is set to take up the SEBI-Sahara case again on Tuesday. On July 30, SEBI had made a forceful plea to punish Sahara chief Subrata Roy along with his two firms and their directors for not complying with its order for refunding Rs 24,000 crore...
  • Supreme Court adjourns SEBI-Sahara case hearing to August 6 30-07-2013 05:04 PM

    New Delhi: SEBI on Tuesday made a forceful plea to the Supreme Court to punish Sahara chief Subrata Roy along with his two firms and their directors for not complying with its order for refunding Rs 24,000 crore to investors. Refuting the contention of Roy who had submitted that he...
  • IBL's Lucknow franchise renamed Awadh Warriors 22-07-2013 08:49 PM

    New Delhi: Sahara India Pariwar, owners of Lucknow Warriors, announced here on Monday that they would be changing the name of the franchise to Awadh Warriors for the upcoming Indian Badminton League (IBL). Sahara group representative Abhijit Sarkar announced the decision after the players' auction at a hotel here. "Well...
  • Sahara India buys IBL's Lucknow franchise 16-07-2013 08:32 PM

    Lucknow: Sahara India on Tuesday joined the Indian Badminton League (IBL) as it bought the Lucknow franchise ahead of the inaugural first-of-its-kind event in the sport to be played from August 14 to 31. A major business conglomerate and the prime promoter and patron of sports in India, Sahara's Lucknow...
  • Pawar should replace Srinivasan as BCCI chief: Subrata Roy 24-05-2013 06:19 PM

    New Delhi: The clamour for N Srinivasan's head is growing stronger as after Sharad Pawar-led NCP, Sahara India Chief Subrata Roy has also said that the BCCI president should step down in the present scenario. Roy went a step further and said Pawar should replace Srinivasan as BCCI chief. "I...
  • BCCI lacks commitment: Sahara 21-05-2013 08:13 PM

    Sahara and the BCCI have been at loggerheads for more than a year now over that franchise fee with Sahara maintaining the BCCI did not honour its commitment in the bid document. ...
  • SAT adjourns hearing on Sahara plea to April 20 13-04-2013 11:35 AM

    Mumbai: The Securities Appellate Tribunal on Saturday adjourned to April 20 its hearing on Subrata Roy's plea against market regulator Sebi's attachment order of his bank accounts and other assets, along with those of two group firms and their top executives. After taking up the petition for its "preliminary hearing",...
  • Lucknow High Court to hear Sahara-Sebi case 12-04-2013 09:01 AM

    Lucknow: A division bench of the Lucknow High Court will hear the Sahara-Securities Exchange Board of India (Sebi) case on Friday. Subrata Roy led Sahara India had filed a writ petition seeking to quash the market regulator's February 13 order. The court had directed Sebi to file a counter affidavit....
  • Subrata Roy, others to appear before Sebi today 10-04-2013 08:29 AM

    Mumbai: In the high-profile refund case involving an estimated Rs 24,000 crore payment to over three crore investors, Sahara Group's chief Subrata Roy and other top executives will appear before the marget regulator Sebi on Wednesday. Sebi had summoned Roy and three other directors of two Sahara firms for personal...
  • Rs 55 cr and counting: SEBI's expense bill to Sahara 07-04-2013 03:17 PM

    New Delhi: Market regulator SEBI has incurred initial costs of more than Rs 55 crore in its humongous task of facilitating Rs 24,000-crore refund to bondholders of two Sahara firms after verifying their credentials and Saharas would have to clear all these bills. The final expense bill of the Securities...
  • Sahara group moves SC against SAT order 30-11-2012 06:26 PM

    ...
  • SEBI files contempt plea against Sahara in SC 03-11-2012 04:02 PM

    New Delhi: Market regulator SEBI on Friday filed a contempt petition against the Sahara Group in the Supreme Court for not complying with its directions relating to refund of about Rs 24,000 crore by its two firms to their investors. The petition by SEBI said the two firms, Sahara India...
  • BCCI, Sahara truce in sight? 16-02-2012 08:16 AM

    ...
  • Manohar to mediate BCCI-Sahara talks 14-02-2012 06:53 PM

    ...
  • BCCI open for dialogue with Sahara 06-02-2012 02:32 PM

    ...
  • Roy says Sahara open to talks with BCCI 05-02-2012 12:40 PM

    ...
  • Bad timing for IPL auction: Gavaskar 04-02-2012 09:53 PM

    ...
  • Sahara's pullout unfortunate: BCCI 04-02-2012 12:37 PM

    ...
  • Sahara asked to return Rs 24000cr to investors 20-10-2011 09:28 AM

    Mumbai: In a historic order, the SEBI appellate tribunal ruled that Sahara Group would have to repay over Rs 24,000 crore it had collected in the form of optionally convertible debentures. However, investors still feel there's very little hope of getting their money back. One of the investors, Anil Upadhyay,...
  • Court issues warrant against Sahara group chief 24-01-2011 04:35 PM

    New Delhi: A Delhi Court on Monday issued bailable warrant against Subrata Roy, Chairman of Sahara India Group, in a case of alleged cheating and forgery in a housing project launched by his company. Chief Metropolitan Magistrate Vinod Yadav directed the Delhi Police to execute the warrant against Roy and...
  • SC allows SEBI to seek info from Sahara firms 04-01-2011 01:58 PM

    New Delhi: The Supreme Court on Tuesday said SEBI was entitled to seek all necessary information from two Sahara group firms on how resources were being raised but refused to stay the companies' ongoing fund-mopping exercise. The apex court was hearing market regulator's petition against an Allahabad High Court order...