Sahara group on Friday hit back at SEBI after the latter moved the Supreme Court seeking arrest of its promoter Subrata Roy and barring him from leaving the country after two companies of the group failed to comply with court's order to refund Rs 24,000 crore to its investors. ...
09:17 PM, Mar 15, 2013
The Securities and Exchange Board of India has moved the Supreme Court, asking for the detention of Sahara Group Chairman Subrata Roy for not following the court's orders. Two companies of the Sahara Group were ordered to refund Rs 24,000 crore to subscribers. ...
02:48 PM, Mar 15, 2013
"I'm mentally more stronger...more energized," said Adrian Sutil hoping for a better show than 2012. ...
09:25 PM, Mar 14, 2013
The Securities Appellate Tribunal on Tuesday posted for March 23 its final hearing on a plea by Sahara chief Subrata Roy against market regulator Sebi's attachment order on bank accounts and properties of two group firms and their top executives. The matter relates to a Supreme Court direction ordering refund of more than Rs 24,000 crore of investors' money raised by two Sahara group firms -- Sahara India Real Estate...
05:57 PM, Mar 12, 2013
The Securities Appellate Tribunal will hear an appeal by industrialist Subrata Roy Sahara on Thursday, whose group is entangled in a long-running case with market regulator Sebi in connection with refund of money raised from public through issuance of bonds. While the details of the petition could not be immediately ascertained, the Securities Appellate Tribunal (SAT) has listed the matter for 'admission' stage hearing in its cause-list for March 7....
08:52 PM, Mar 06, 2013
In a shocking incident, an elderly woman was killed and her husband got wounded as the couple was thrown out of a moving train by government railway police (GRP) personnel for boarding the wrong train, police said on Wednesday. ...
05:18 AM, Feb 28, 2013
In a shocking incident a woman identified as Santosh Devi died after being allegedly thrown out of Shatabdi Express by a security man on Wednesday in Muzaffarnagar. The woman boarded the Shatabdi Express by mistake but was thrown out of the train by the accused. Santosh died after she was hit by the train. ...
03:26 PM, Feb 27, 2013
The last hope of Sahara Group to get more time to refund Rs 24,000 crore to its investors was on Monday dashed in the Supreme Court which dismissed its plea and pulled it up for not complying court's earlier order to return the money by first week of February. A bench headed by Chief Justice Altamas Kabir, which had earlier extended the deadline to two companies of the group for...
06:47 PM, Feb 25, 2013
SEBI freezes Sahara accounts including Subroto Roy's for failing to return investors' money. Millions in India and across the world kick off the 'One Billion Rising' campaign. ...
11:51 PM, Feb 14, 2013
Market regulator SEBI's action in seizing Sahara's assets has opened up a Pandora's box. The company's claim that it has paid back investors holds little water. SEBI says Sahara could not have made any refund after August 2012. The Supreme Court order directed Sahara to deposit the refund money with SEBI, not pay investors directly. The company has little option but to pay up now. ...
10:13 PM, Feb 14, 2013
Shares of Sahara Housingfina Corporation and Sahara One Media & Entertainment today tanked as much as 19 per cent after Sebi ordered freezing of bank accounts and attachment of all investments and properties of two group firms and their top executives. Following this, Sahara group's only listed firms -- Sahara Housingfina and Sahara One Media -- fell sharply even as the group claimed the actions taken by Sebi were based...
01:17 PM, Feb 14, 2013
Sebi has taken stern action against Sahara for failing to return the money of investors. The total amount to be refunded is over Rs 24,000 crore. Sebi's action follows directions from the Supreme Court, which had said last week that the market regulator was free to freeze accounts and attach properties if Sahara group firms were not depositing the money with it for refunding to the investors. ...
11:01 AM, Feb 14, 2013
The Securities and Exchange Board of India (SEBI) cracked down on the Sahara Group and on Wednesday froze accounts of Sahara India Real Estate Corporation and Sahara Housing Investment Corporation. ...
07:27 AM, Feb 14, 2013
The Sahara group on Wednesday responded to the crackdown on two of its companies by SEBI by saying that it was "genuinely concerned for its investors". The group added that since the liability to refund "the monies (of investors) was that of (two Sahara companies) SIRECL and SHICL", the attachment of assets of individuals by SEBI was incorrect. ...
11:54 PM, Feb 13, 2013
The Securities and Exchange Board of India (SEBI) on Wednesday cracked down on Sahara group, freezing more than 100 bank accounts of two of its companies. Sources said that the immovable assets of the two companies were also frozen. ...
11:28 PM, Feb 13, 2013
The Securities and Exchange Board of India (SEBI) on Wednesday cracked down on Sahara group, freezing more than 100 bank accounts of two of its companies. Sources said that the immovable assets of the two companies were also frozen. ...
08:51 PM, Feb 13, 2013
In all, the Scot did 89 laps and his fastest lap came in one minute 20.343 seconds. ...
06:02 PM, Feb 06, 2013
The Supreme Court on Wednesday said the Securities and Exchange Board of India is free to freeze accounts and seize properties of Sahara Group's two companies for defying court order of refunding Rs 24,000 crore to investors. The apex court also pulled up SEBI for not taking action against the companies - Sahara India Real Estate Corporation (SIREC) and Sahara Housing Investment Corporation (SHIC) - as per its August 31,...
06:00 PM, Feb 06, 2013
A security personnel at the Sahara Mall in Gurgaon was beaten up by several men. CCTV footage shows seven to eight men beating up a guard in the parking lot. ...
09:51 AM, Feb 04, 2013
Bob Fernley, team principal, Sahara Force India and Paul Di Resta with the VJM06. ...
05:48 PM, Feb 01, 2013
