SAHARA GROUP

  • TMC likely to raise issue of BJP's Amit Shah alleged links with Sahara group in Parliament December 2, 2014

    New Delhi: The face-off between the Trinamool Congress and the Bharatiya Janata Party is expected to continue on Tuesday with the former raising the issue of BJP President Amit Shah's alleged links with the Sahara group. The winter session of Parliament has witnessed a stormy session since it commenced with...
  • TMC MPs demand CBI probe over alleged links of Amit Shah with Sahara group December 1, 2014

    The Trinamool Congress continue to up its ante against the Bharatiya Janata Party and have now demanded a Central Bureau of Investigation probe in the alleged links of BJP President Amit Shah with the Sahara group. TMC MP Derek O'Brien flashed a red diary in Rajya Sabha saying, "It was...
  • TMC MPs target BJP's Amit Shah over his alleged links with Sahara group December 1, 2014

    New Delhi: The war of words continue between the Trinamool Congress and Bharatiya Janata Party as both the parties are not missing a chance to target the other. The stand off between the two parties once again played out in Parliament on Monday as TMC MPs held protest outside the...
  • Sahara tells Supreme Court it will get a loan against its 3 hotels abroad November 28, 2014

    New Delhi: The Sahara group has informed Supreme Court that it has found somebody who is willing to give the company a loan against its three hotels abroad. The group has sought permission to transfer Rs 3070 crore in a Escrow account against these properties. SC has directed Sahara to deposit...
  • Bullet News: Catch the day's top stories November 24, 2014

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Palki S Upadhyay November 24, 2014

    Catch the day's top stories with Palki S Upadhyay on India @ 9. ...
  • News 360: SC slams BCCI over Srinivasan's conflict of interest November 24, 2014

    Wrapping on the knuckles of BCCI, the Supreme Court on Monday asked ICC Chairman N Srinivasan to address the question of conflict of interest as head of BCCI and also owner of the Indian Premier League (IPL) franchise Chennai Super Kings. ...
  • I-T seizes over Rs 135 crore cash, jewellery from Sahara group November 24, 2014

    New Delhi: The Income Tax department has claimed to have seized cash of over Rs 135 crore from the premises of Sahara group during its raids on its two premises in Delhi and Noida in connection with alleged tax evasion charges. Sources said that the department made one of its...
  • Delhi: CBDT raids Sahara properties in Noida and Greater Kailash November 22, 2014

    New Delhi: Central Board of Direct Taxes on Saturday morning raided Sahara properties in Noida and Greater Kailash in Delhi. The raids were conducted by Director-General of Income Taxes, Delhi. Sahara Chief Subrata Roy and two directors of Sahara group have been lodged in prison since early March for non-payment of...
  • Sahara chief seeks 10 more days from SC to facilitate the sale of his hotels in NY, London September 5, 2014

    New Delhi: Sahara chief Subrata Roy has sought extension of the concession given to him for 10 more days. He is presently housed in the conference hall of the Tihar Jail to facilitate the sale of his hotels in New York and London. He said that he could not facilitate...
  • Sahara chief seeks SC permission to shift to Tihar guest house July 25, 2014

    New Delhi: Sahara chief Subrata Roy, currently in jail on charges of investor fraud, wants to shift into a guest house in Tihar Jail. He has moved the Supreme Court for the same saying he needs to hold negotiations to sell his assets in India and abroad to meet his...
  • SC reserves order on Subrata Roy's plea for 40 days parole July 4, 2014

    New Delhi: The Supreme Court on Friday reserved its order on the plea by Sahara Group chief Subrata Roy seeking the court's nod for selling its three overseas hotels to generate Rs 10,000 crore and for his release on 40 days parole to put through the international transaction. Roy and two...
  • IT moves SC with a tax demand of Rs 4,800 crore from Sahara July 3, 2014

    New Delhi: There seems to be more trouble for the Sahara Group as the Income Tax department has now approached the Supreme Court with a tax demand of Rs 4,800 crore for the last 3 years. This comes even as Sahara chief Subrata Roy has sought an interim bail of...
  • One needs to be superhuman to handle cases like Sahara: SC May 6, 2014

    New Delhi: Fed up with the tactics of Sahara Group and its chief Subrata Roy, the Supreme Court on Tuesday observed that judges would need to be "superhumans" to handle the pressures to handle frivolous litigations. It suggested that Legislature frame a mechanism for evolving a Code for Compulsory Costs under...
  • Subrata Roy to remain in jail as SC defers hearing March 11, 2014

    In a further setback to Sahara group chief Subrata Roy, the Supreme court on Monday deferred hearing in his case slated for Tuesday, apparently in the absence of any concrete refund proposal that could prolong his stay in the jail indefinitely.   On the last date of hearing on March...
  • Both Sahara chief and the advocate who threw ink on him sent to Tihar jail March 5, 2014

    The lawyer, who threw black ink at Sahara Group chief Subrata Roy in the Supreme Court premises on Tuesday, was sent to Tihar jail by a Delhi court on Wednesday after he failed to get a surety for his bail. Manoj Sharma was produced before Special Executive Magistrate Rai Singh Khatri...
  • Subrata Roy Sahara brought to Delhi, to be produced in SC today March 4, 2014

    New Delhi: Sahara Chief Subrata Roy will be produced in the Supreme Court on Tuesday afternoon. He was brought to Delhi on Monday night after an overnight halt in Agra. Roy was arrested last week after he failed to respond to the Supreme Court's summons to appear in court. This...
  • SC cracks the whip on Sahara, Subrata Roy faces arrest February 26, 2014

    In a blow to the Sahara group, the Supreme Court on Wednesday issued a non-ballable warrant against its chief Subrata Roy chief after he failed to appear in the court. On Tuesday the apex court had rejected his plea seeking exemption from personal appearance in a contempt case. ...
  • SC issues non-bailable arrest warrant against Sahara chief Subrata Roy February 26, 2014

    New Delhi: In a blow to the Sahara group, the Supreme Court on Wednesday issued a non-ballable warrant against its chief Subrata Roy chief after he failed to appear in the court. On Tuesday the apex court had rejected his plea seeking exemption from personal appearance in a contempt case. Earlier,...
  • Contempt case: SC rejects Subrata Roy's plea for exemption from court February 25, 2014

    New Delhi: In a setback to Subrata Roy, the Supreme Court on Tuesday rejected the Sahara chief's plea seeking exemption from personal appearance in a contempt case. The court said that the matter involved not just the integrity of it but also of the judges and lawyer. The judges in...
  • SC summons Subrata Roy and three Directors of Sahara group February 20, 2014

    Coming down heavily on the Sahara group for not refunding Rs 20,000 crore of investors money despite its order, the Supreme Court on Thursday summoned its chief Subrata Roy to be personally present before it and allowed SEBI to go ahead with the sale of companies' properties. The apex court also...
  • SC directs Sahara to provide details of source of payment to investors January 9, 2014

    New Delhi: More trouble brewing is for the Sahara group as Supreme Court has directed the business group to reveal the source of Rs 20,000 crore which the company returned to its investors. The apex court rapped the Sahara group asking it to provide the details of all the funds it...
  • Sahara gives SEBI title deeds of properties December 11, 2013

    New Delhi: Sahara India on Wednesday submitted title deeds of 71 properties amounting to Rs 20,000 crore to Securities and Exchange Board of India (SEBI). The SEBI will now verify the cost of the properties. The Supreme Court has already restrained Sahara group from selling any properties and ordered Subrata Roy...
  • SC modifies order restraining Sahara chief from traveling abroad November 1, 2013

    New Delhi: The Supreme Court has modified its earlier order restraining Sahara Chairman Subrata Roy and its directors from traveling outside the country. Now, the court has said that Sahara will have to hand over title deeds of properties worth Rs 20,000 crore within 3 weeks and that a failure...
  • SC asks Sahara to file review application October 30, 2013

    The Supreme Court on Wednesday asked the Sahara Group to file an application seeking to rectify the alleged error in the order which barred group head Subrata Roy and its two directors from going abroad till they submit original title deeds of their assets worth Rs.20,000 crore to SEBI to...
  • SC raps Sahara Group for nonpayment to investors October 29, 2013

    New Delhi: The Supreme Court slammed the Sahara group for playing 'hide and seek' and directed it to hand over title deeds of its properties worth Rs 20,000 crore to SEBI, failing which Subrata Roy and other directors would be barred from leaving the country. Making it clear that there is...
  • Submit title deeds of assets, SC says to Sahara Group October 28, 2013

    The Supreme Court on Monday directed the Sahara Group to give original title deeds of its assets worth Rs.20,000 crore to SEBI as a guarantee towards the payment of investors money amounting to Rs.24,000 crore, which its two real estate companies have collected under optionally fully convertible debentures (OFCD). Sahara has...
  • BCCI terminates Saharaowned Pune Warriors, IPL down to 8 teams October 26, 2013

    New Delhi: As reported by CNNIBN earlier today, the Indian Premier League's 2014 season will see eight instead of nine teams competing after the BCCI on Saturday terminated the Sahara Groupowned Pune Warriors India (PWI) at it's working committee meeting, after the franchise failed to furnish the bank guarantee. "Given Sahara's...
  • Supreme Court to hear SaharaSEBI case today August 6, 2013

    New Delhi: The Supreme Court is set to take up the SEBISahara 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...
  • SC pulls up Sahara for not refunding Rs 24,000 crore July 17, 2013

    New Delhi: The Supreme Court on Wednesday pulled up Sahara group for not refunding Rs 24,000 crore to investors and said that Sahara chief Subrata Roy and directors of its two companies will have to appear before it if its order is not complied with. A bench of justices KS...