Sebi

  • Will pay Rs 2,500 cr in 4 days: Sahara's new proposal for Subrata Roy's release 18-04-2014 11:02 AM

    Sahara group on Thursday told Supreme court it is willing to pay Rs 2,500 crore within four days and another Rs 2,500 crore in cash within 60 days for release of its chief Subrata Roy and two directors. Appearing before a bench of justices KS Radhakrishnan and JS Khehar, senior...
  • Creative leaders to play key role in attaining developed India: Kalam 12-04-2014 04:44 PM

    New Delhi: Creative leaders will be the key to attain an economically developed and prosperous India by 2030, former President APJ Abdul Kalam said on Saturday. Addressing students at the third Annual Commerce Convention of Delhi University, Kalam said that a creative leader is the one who not only has...
  • Put Subrata Roy under house arrest: Sahara plea to SC 09-04-2014 11:19 AM

    New Delhi: Sahara on Wednesday asked the Supreme Court to put its chief Subrata Roy under house arrest or under any other form of restriction, saying that the company was not being able to hold talks with international buyers in his absence. "Sahara cannot engage in talks with international buyers...
  • Sahara tells SC that it can pay only Rs 2,500 crore immediately 03-04-2014 11:15 AM

    New Delhi: The Sahara Group made another proposal to the Supreme Court on Thursday, but in vain. Sahara lawyers have now told the Supreme Court that it is not possible for them to raise Rs 10,000 crore needed to get Sahara chief Subrata Roy interim bail. The lawyers have told...
  • Sahara seeks contributions from employees to secure bail for Subrata Roy 28-03-2014 03:47 PM

    New Delhi: Sahara has turned to its employees to help get chief Subrata Roy out of jail. In a letter to all its employees on Friday, Sahara sought a minimum contribution of Rs 1 lakh per head in order to pay Roy's bail bond of Rs 10,000 crore. The employees...
  • Sahara chief Subrata Roy likely to remain in jail for more time 27-03-2014 10:37 PM

    Sahara chief Subrata Roy may haveto remain in jail for at least another week because hislawyers say they are finding it difficult to immediatelymobilise Rs 10,000 crores needed to get him and two directorsout on bail. A day after the apex court imposed a condition that Roywill be freed on...
  • Impossible to pay Rs 10,000 cr for bail to Subrata Roy: Sahara to SC 27-03-2014 04:35 PM

    New Delhi: The Sahara Group on Thursday told the Supreme Court that it was "virtually impossible" to meet with its demand of Rs 10,000 crore in order to grant bail to the company's chief Subrata Roy. The court has adjourned hearing till April 3. Till then, Roy will stay in...
  • India @ 9 with Rajdeep Sardesai 26-03-2014 10:36 PM

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • News 360: Sonia, Rahul attack Modi, say he will divide India 26-03-2014 08:52 PM

    At the release of Congress's manifesto, party President Sonia Gandhi and Vice President Rahul Gandhi hit out at BJP's prime ministerial candidate Narendra Modi saying his ideology will divide India. Rahul said, "Modi is an ideology which divides people. This ideology is dangerous for the country and every Congress leader...
  • SC grants conditional bail to Subrata Roy, Sahara to pay Rs 10,000 cr 26-03-2014 02:21 PM

    New Delhi: The Supreme Court on Wednesday granted conditional bail to Sahara chief Subrata Roy and has asked the Sahara group to pay Rs 10,000 crores. The case has been listed for hearing on Thursday. Subrata Roy is lodged in Tihar Jail since March 4. Subrata Roy and two Sahara...
  • Investors' funds case: Sahara proposes to pay dues in 5 instalments 25-03-2014 04:29 PM

    New Delhi: The Sahara Group made a fresh proposal to the Supreme Court on Tuesday in the investors' funds case. Sahara said it will repay the entire amount it owes to its investors in five instalments by March 31, 2015. The company said it will pay Rs 2500 crore within...
  • CBI working with 'crazy logic', ignoring facts: former SEBI chief 19-03-2014 01:51 PM

    Mumbai: Hitting back at the CBI for launching an enquiry against him on the basis of an I-T probe that has already been disposed of, former SEBI chief CB Bhave has said that the agency was working with a "crazy logic" and has ignored the fact that the tax department...
  • CBI probing SEBI officials not good for business: GK Pillai 19-03-2014 10:06 AM

    Former Home Secretary GK Pillai defended CB Bhave, the former Chairman of MCX-SX, who recently quit in protest of the CBI's move against SEBI officials. He said that the CBI probe is not good for the business climate in India. ...
  • No relief for Subrata Roy from SC, next hearing on March 25 13-03-2014 04:09 PM

    New Delhi: In another setback for Sahara chief Subrata Roy, the Supreme Court on Thursday again deferred hearing on his contempt case saying it will only hear Sahara's plea against his detention when the company gives a proposal to refund the crores it owes to its investors. The hearing has...
  • Sahara chief Subrata Roy challenges detention by SC 12-03-2014 06:41 PM

    Beleaguered Sahara Chief Subrata Roy on Wednesday challenged before the Supreme Court his detention order passed by a two-member bench calling it "illegal and unconstitutional" and demanded his release. "Declare the order deated 04.03.2014 as void, nullity and non-est in the eyes of law," said the petition on behalf of...
  • Sahara moves SC, calls detention of Subrata Roy, other directors illegal 12-03-2014 10:46 AM

    New Delhi: Sahara on Wednesday moved a petition before the Supreme Court saying its chief Subrata Roy and two directors had been illegally detained by the court. "They have been put behind bars for contempt, but they were never a party before the Supreme Court," the plea said. The SC...
  • Subrata Roy to stay in jail, SC not to hear Sahara-SEBI case on Tuesday 10-03-2014 07:47 PM

    New Delhi: More trouble is in store for Sahara group especially its chief Subrata Roy as the Supreme Court will not be taking up its case with SEBI on Tuesday as was scheduled. The apex court will not be hearing the matter on Tuesday as Sahara has not yet proposed...
  • Full text: Sahara's proposal to SC on repayment of investors' money 07-03-2014 04:10 PM

    The Supreme Court on Friday rejected a Sahara proposal to pay its investors' money in instalments. Sahara had proposed to pay Rs 2500 crore of its unpaid dues in three working days and the rest of the amount in an-year-and-a-half. Pursuant to the orders of this Hon'ble Court, Saharas have...
  • SC rejects Sahara's proposal to pay investors' money in instalments 07-03-2014 02:23 PM

    New Delhi: The Supreme Court on Friday rejected a Sahara proposal to pay off its investors' money in instalments. Sahara had proposed to pay Rs 2500 crore of its unpaid dues in three working days and the rest of the amount in an-year-and-a-half. The top court lashed out at Sahara...
  • Sahara moves SC, offers to pay investors in instalments 07-03-2014 10:51 AM

    New Delhi: The Sahara Group has offered to pay its investors in instalments. The group's lawyers moved the Supreme Court on Friday, saying that Sahara will make payments in a time-bound manner. The court has asked Sebi to study Sahara's proposal and give its views by 11.30 am on Friday....
  • Sahara offers Rs 22,500 crore bank guarantees 04-03-2014 06:16 PM

    New Delhi: Accused of persistent non-compliance, Saharas on Tuesday offered Sebi fresh bank guarantees for Rs 22,500 crore and help in verifying investors including those the group claims to have already refunded. Sahara said it can "depute hundreds of competent workers" to assist Sebi in collating the documents and other...
  • Sahara's Subrata Roy, 2 directors sent to Tihar jail till March 11 04-03-2014 05:38 PM

    New Delhi: It was a day of hectic and dramatic developments in the Supreme Court which heard the Sahara case on Tuesday. Subrata Roy along with two other company directors have been sent to judicial custody till the next date of hearing on March 11. The detention of the fourth...
  • Bollywood extends support to arrested Sahara chief Subrata Roy 03-03-2014 09:54 AM

    Mumbai: Sahara chief Subrata Roy will appear before the Supreme Court on Tuesday. However, friends, especially those from the film industry, have extended their support to Roy. During a special press conference, they conveyed their personal opinion on the Sahara chief. "I have never heard anyone say anything bad about...
  • Subrata Roy gets VIP treatment in custody, kept in a guest house in UP 03-03-2014 09:15 AM

    Lucknow: After being sent to custody by a court in Lucknow on Friday, Sahara chief Subrata Roy is living in a forest guest house in Lucknow, which is supposed to be one of the best in the city. The police have also closed down the popular picnic spot in order...
  • Has political system allowed Subrata Roy to take people for a ride? 28-02-2014 09:59 PM

    Sahara chief Subrata Roy was finally arrested by the Lucknow Police on Friday and sent to police custody till March 4. Roy will spend the night in a Forest Department Guest House in Kukrail near Lucknow. ...
  • Subrata Roy arrested, sent to police custody after 2 days of drama 28-02-2014 09:30 PM

    New Delhi: The law finally caught up with Sahara group chief Subrata Roy on a day of fast developments in Lucknow. The Uttar Pradesh Police on Friday arrested Subrata Roy at 10.30 in the morning on the orders of the Supreme Court. But high drama followed as Roy summoned doctors...
  • Sahara chief Subrata Roy sent to police custody till March 4 28-02-2014 06:43 PM

    New Delhi: Sahara chief Subrata Roy has been sent to police custody till March 4. The Chief Judicial Magistrate court in Lucknow had earlier reserved its order on Roy, asking the media and others to leave court. Roy had requested to court that he be allowed to stay at home....
  • UP court judge reserves order on Subrata Roy, asks media to leave court 28-02-2014 05:16 PM

    New Delhi: The Chief Judicial Magistrate has reserved its order on Subrata Roy and has asked the media and others to leave court. Roy has told court that he would prefer to stay at home. The police have sought his transit remand. There was delay in producing Subrata Roy before...
  • Have paid all liabilities except Rs 2000 cr, says Sahara 28-02-2014 04:30 PM

    New Delhi: Hours after Sahara chief Subrata Roy's arrest, the Sahara group has released a fresh statement saying the company has repaid all liabilities of the OFCD except Rs 2,000 crore. The company says that 20 to 30 truck loads of documents have not yet reached Sebi despite all efforts....
  • After Subrata Roy's arrest, Sahara shares fall over 4 per cent 28-02-2014 12:48 PM

    Shares of Sahara Housingfina Corporation on Friday fell 4.39 per cent on the BSE after Sahara chief Subrata Roy was arrested by the Lucknow police. The scrip opened on a weak note on the BSE and then lost further ground. It tanked 4.39 per cent over its previous closing price...