Business Standard

Sahara India

Sahara Group threatens legal action over 'Scam 2010' web series controversy

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

Sahara Group threatens legal action over 'Scam 2010' web series controversy
Updated On : 20 May 2024 | 2:33 PM IST

Best of BS Opinion: Why the passenger matters, Unsecured risk & more

Here is the best of Business Standard's opinion pieces for today

Best of BS Opinion: Why the passenger matters, Unsecured risk & more
Updated On : 20 Nov 2023 | 6:30 AM IST

TMSEp565: Extension of PMGKAY, Subrata Roy, primary market, PMPVTG Mission

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

TMSEp565: Extension of PMGKAY, Subrata Roy, primary market, PMPVTG Mission
Updated On : 16 Nov 2023 | 9:17 PM IST

From Lambretta to Aamby Valley Project: The rise and fall of Subrata Roy

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

From Lambretta to Aamby Valley Project: The rise and fall of Subrata Roy
Updated On : 15 Nov 2023 | 10:38 PM IST
Updated On : 15 Nov 2023 | 5:32 PM IST

Sebi recovery rate less than 2% of Rs 99,490 cr claimed since 2013-14

Number of pending notices was up 31% to 2,872 at the end of FY22, from 2,193 the previous year

Sebi recovery rate less than 2% of Rs 99,490 cr claimed since 2013-14
Updated On : 01 Nov 2022 | 7:48 PM IST

SC sets aside Patna HC order summoning Sahara group chief Subrata Roy

The High Court (HC) had asked Sahara to convey a plan for refunding the matured deposits of investors

SC sets aside Patna HC order summoning Sahara group chief Subrata Roy
Updated On : 15 Jul 2022 | 2:30 AM IST

Sebi slaps Rs 12 cr penalty on Sahara group firms in OFCD issue matter

Asserts that by representing the OFCD as pvt placement, issuers deprived subscribers of various measures of investor protection

Sebi slaps Rs 12 cr penalty on Sahara group firms in OFCD issue matter
Updated On : 28 Jun 2022 | 2:21 AM IST

Sahara chief Subroto Roy likely to appear before Patna HC on Thursday

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

Sahara chief Subroto Roy likely to appear before Patna HC on Thursday
Updated On : 12 May 2022 | 12:58 PM IST

Defending Sebi on Saradha scam

The CBI last week searched the residences of three officers of the Sebi in connection with the Saradha Ponzi scheme

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Updated On : 29 Mar 2021 | 2:06 AM IST

Sebi cancels Sahara India Financial Corp's registration as sub-broker

The regulator had appointed a designated authority in 2018 to enquire whether Sahara India Financial violated provisions of Intermediaries Regulations

Sebi cancels Sahara India Financial Corp's registration as sub-broker
Updated On : 04 Mar 2021 | 12:57 AM IST

SFIO searches Sahara's office in Lucknow, probe against group widens

Group's companies suspected to have diverted a huge amount of money to other subsidiaries after taking collections from depositors.

SFIO searches Sahara's office in Lucknow, probe against group widens
Updated On : 29 Oct 2020 | 11:57 PM IST

Refund money or pay interest: Securities Appellate Tribunal directs Sebi

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

Refund money or pay interest: Securities Appellate Tribunal directs Sebi
Updated On : 20 Jun 2020 | 1:42 AM IST

Sahara ropes in investors, deposits Rs 22,000 cr with Sebi for revival

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.

Sahara ropes in investors, deposits Rs 22,000 cr with Sebi for revival
Updated On : 12 Feb 2020 | 5:17 PM IST

NCDRC asks Sahara India to pay claimants under its accidental death scheme

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

NCDRC asks Sahara India to pay claimants under its accidental death scheme
Updated On : 03 Dec 2019 | 6:09 PM IST

Sebi says Rs 106 cr refunded to more than 13,000 Sahara investors

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

Sebi says Rs 106 cr refunded to more than 13,000 Sahara investors
Updated On : 02 Sep 2019 | 8:52 PM IST

Qatar-backed Katara holding buys Sahara-owned Plaza Hotel for $600 mn

US President Donald Trump and hotelier Conrad Hilton were previous owners of one of the most iconic landmarks in New York City

Qatar-backed Katara holding buys Sahara-owned Plaza Hotel for $600 mn
Updated On : 04 Jul 2018 | 2:20 PM IST

Subjected to double payment of single liability, says Sahara's Subrata Roy

Despite paying off 95% of investors, Sahara India had to pay Rs 19,000-cr to market regulator Sebi

Subjected to double payment of single liability, says Sahara's Subrata Roy
Updated On : 06 Oct 2017 | 11:19 PM IST