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
