The latest web series, hailed as a 'dust-to-diamonds story of maverick businessman Subrata Roy', by filmmaker Hansal Mehta faces backlash as Sahara Group
Here is the best of Business Standard's opinion pieces for today
What are the implications of extending PMGKAY? What led to the rise and fall of Sahara's Subrata Roy? How will the IPO market shape up in new Samvat? What is PMPVTG Development Mission? Answers here
With Subrata Roy's death, a chapter of financial violations, described by many as one of India's biggest Ponzi schemes, comes to an end
Number of pending notices was up 31% to 2,872 at the end of FY22, from 2,193 the previous year
The High Court (HC) had asked Sahara to convey a plan for refunding the matured deposits of investors
Asserts that by representing the OFCD as pvt placement, issuers deprived subscribers of various measures of investor protection
During the hearing on April 27, the Patna High Court had asked the lawyer of Sahara India to submit a detailed report on how Sahara India will return the money of investors of Bihar
The CBI last week searched the residences of three officers of the Sebi in connection with the Saradha Ponzi scheme
The regulator had appointed a designated authority in 2018 to enquire whether Sahara India Financial violated provisions of Intermediaries Regulations
Group's companies suspected to have diverted a huge amount of money to other subsidiaries after taking collections from depositors.
Sebi had, a year ago, imposed penalty of Rs 600,000 on an individual for violation under the Prohibition of Fraudulent and Unfair Trade Practices
Roy has also assured all Sahara investors that they would get their invested amount with full interest and an additional interest would be paid even for a day's delay.
The commission also imposed a cost of Rs 2 lakh on the Chief Executive of Sahara India Commercial Corporation, along with a stern advice of caution for its unfair trade practices
The refunded amount includes Rs 56.86 crore of principal and Rs 49.24 crore paid as interest for 13,543 refund claims made by bondholders of two Sahara group firms
US President Donald Trump and hotelier Conrad Hilton were previous owners of one of the most iconic landmarks in New York City
Despite paying off 95% of investors, Sahara India had to pay Rs 19,000-cr to market regulator Sebi