24 Jan 2011
A Delhi Court on Monday issued a bailable warrant against Subrato Roy, Chairman of Sahara India Group, in a case of alleged cheating and forgery in a housing project launched by his company.
03 Jun 2016
New Delhi: Stock market regulator Sebi (Securities and Exchange Board of India) on yesterday said it will auction ten properties of the Sahara Group at a reserve price of Rs 1,192 crore.
15 Jun 2016
New Delhi: While addressing an event in Muzaffarpur, Bihar, Sahara chief Subrata Roy, who is currently on parole granted by the Supreme Court, took a dig at SEBI (Securities and Exchange Board of India) saying that not even a single account of investors in Sahara was fake and SEBI was unduly deferring investor validation process.
09 Jan 2016
New Delhi: Two years after registering a case into the country's largest reported ponzi scam, the CBI yesterday arrested Pearls Group CMD Nirmal Singh Bhangoo along with three others in connection with alleged swindling of Rs 45,000 crore from over five crore investors who were lured with attractive land deals.
26 Mar 2016
New York: In a major relief, Sahara Group has got time till June to avoid any foreclosure auction of its two marquee hotel properties here by mortgage holders Reuben Brothers, who had extended a USD 900 million loan refinance facility to the embattled Indian group.
03 Feb 2016
New Delhi: Embattled Sahara Group yesterday came up with a fresh proposal before the Supreme Court for the sale of its assets to raise the amount for the release of its jailed Chief Subrata Roy.
03 Apr 2013
In an apparent dig at Sahara group's claims of having refunded money to most of their investors, Sebi Chairman U K Sinha on Wednesday questioned the credibility and feasibility of such claims and called for a unified approach to check illegal raising of funds from the public.
27 Jun 2015
New Delhi: The government is expecting investments to the tune of billions of dollars during the Digital India week which will be inaugurated by Prime Minister Narendra Modi on July 1.
07 Mar 2014
New Delhi: Calling it an insult after making it assemble a special bench, the Supreme Court on Friday ticked off the Sahara group for not coming out with a proper proposal for refunding Rs 20,000 crore of investors money. The SC asked it to come out with an "honourable" plan.
07 Oct 2011
Force India Chairman Vijay Mallya has no plans to sell the Formula One team and has pledged his long-term commitment ahead of the country's maiden grand prix later this month.