Business Standard

Sahara Group

SC to hear SFIO's plea against HC order staying probe into Sahara Group

The Supreme said it would hear plea filed by Serious Fraud Investigation Office (SFIO) challenging the High Court order staying the investigation into nine companies related to the Sahara group.

SC to hear SFIO's plea against HC order staying probe into Sahara Group
Updated On : 02 Aug 2023 | 10:07 AM IST

9 Sahara Group cos to face serious fraud probe as SC sets aside HC order

The Supreme Court set aside a Delhi High Court order staying the Serious Fraud Investigation Office (SFIO) probe into nine companies related to the Sahara group

9 Sahara Group cos to face serious fraud probe as SC sets aside HC order
Updated On : 01 Aug 2023 | 6:00 PM IST

SC to hear plea challenging Delhi HC relief to Sahara Group firms tomorrow

The Supreme Court scheduled the hearing of a plea challenging a Delhi High Court order staying the investigation into nine companies related to the Sahara Group

SC to hear plea challenging Delhi HC relief to Sahara Group firms tomorrow
Updated On : 25 May 2022 | 2:05 PM IST

Supreme Court to hear Subrata Roy's plea against Patna HC order on July 13

A bench of Justices A M Khanwilkar, J B Pardiwala passed the order while taking into account the request made by the Bihar government's counsel who said state needed time to file a counter-affidavit

Supreme Court to hear Subrata Roy's plea against Patna HC order on July 13
Updated On : 20 May 2022 | 11:46 PM IST

SC considers hearing SFIO plea over Delhi HC relief to Sahara group firms

The high court had also stayed the operation and implementation of two orders of the SFIO for investigation into nine companies related to the Sahara Group

SC considers hearing SFIO plea over Delhi HC relief to Sahara group firms
Updated On : 17 May 2022 | 1:07 PM IST

Patna High Court issues arrest warrant against Sahara chief Subrata Roy

The Patna High Court on Friday issued an arrest warrant against Sahara India chairman Subrata Roy after he failed to appear before it despite repeated summons

Patna High Court issues arrest warrant against Sahara chief Subrata Roy
Updated On : 13 May 2022 | 4:33 PM IST

Patna HC asks Sahara chief Subroto Roy to appear before court on Friday

The Patna High Court on Thursday took a tough stand against Sahara India chief Subroto Roy after he did not appear before the court.

Patna HC asks Sahara chief Subroto Roy to appear before court on Friday
Updated On : 12 May 2022 | 10:35 PM IST

Patna HC seeks Sebi reply regarding payments to Sahara's investors

It also directed that a 'responsible officer' from the market regulator's head office at Mumbai be present in the court on March 28 to answer all the questions posed by it

Patna HC seeks Sebi reply regarding payments to Sahara's investors
Updated On : 09 Mar 2022 | 8:22 PM IST

Funds totalling Rs 24,000 cr lying unutilised with Sebi: Sahara

Sahara maintained that more than 95 per cent of its bondholders investors have already been repaid

Funds totalling Rs 24,000 cr lying unutilised with Sebi: Sahara
Updated On : 29 Dec 2021 | 6:30 PM IST

Sahara yet to deposit money fully ordered by SC, says Sebi chief

The regulator has issued many advertisements asking investors/bondholder to come forward and who have made their claims have already been paid, it said

Sahara yet to deposit money fully ordered by SC, says Sebi chief
Updated On : 29 Dec 2021 | 2:09 AM IST

FIR registered in Kanpur against Sahara chief Subrata Roy, family members

The case was registered at Kakadeo police station on Sunday

FIR registered in Kanpur against Sahara chief Subrata Roy, family members
Updated On : 30 Nov 2021 | 9:52 PM IST

SAT asks Sahara group firm, ex-directors to deposit Rs 2,000 cr with Sebi

The Securities Appellate Tribunal asked Sahara group firm Sahara India Commercial Corporation Ltd and its then directors including Subrata Roy to deposit Rs 2,000 crore with Sebi within four weeks.

SAT asks Sahara group firm, ex-directors to deposit Rs 2,000 cr with Sebi
Updated On : 18 Nov 2021 | 7:05 PM IST

Sahara Group Chairman Subrata Roy tests positive for coronavirus

Sahara group Chairman Subrata Roy Sahara has tested positive for coronavirus

Sahara Group Chairman Subrata Roy tests positive for coronavirus
Updated On : 09 Apr 2021 | 4:18 PM IST

Best of BS Opinion: Political culture, the war against NPAs, and more

Here's a selection of Business Standard opinion pieces for the day

Best of BS Opinion: Political culture, the war against NPAs, and more
Updated On : 29 Mar 2021 | 6:03 AM 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

Sahara files contempt petition in Supreme Court against regulator SEBI

Sahara claims SEBI's application seeking deposit of Rs. 62,602 crores from the company is wrong.

Sahara files contempt petition in Supreme Court against regulator SEBI
Updated On : 02 Dec 2020 | 5:35 PM IST

Sebi demands Rs 62,600 cr from Sahara in Supreme Court petition

Sahara and its chief Subrata Roy have been in the spotlight recently after they got a district court to stall the release of Netflix's series "Bad Boy Billionaires" featuring Roy, among others

Sebi demands Rs 62,600 cr from Sahara in Supreme Court petition
Updated On : 20 Nov 2020 | 12:10 AM IST

Sahara Group demands ban on new Netfix series 'Bad Boys Billionaire'

Sahara Group said the series has wrongly mentioned that Sahara is in the business of chit fund

Sahara Group demands ban on new Netfix series 'Bad Boys Billionaire'
Updated On : 22 Oct 2020 | 7:48 PM IST

Sahara says it has returned Rs 3,226 cr, promises to pay off all depositors

Promising that every investor will be repaid, the official said in the last 10 years the group has paid maturity payment of a massive Rs 1.4 trillion to its 57.6 million investors

Sahara says it has returned Rs 3,226 cr, promises to pay off all depositors
Updated On : 09 Oct 2020 | 12:20 AM IST

Depositors wait for dues with Sahara Group companies under lens

In June this year, rating firm CARE said it was suspending the ratings on Sahara Hospitality as it has stopped sharing its financial information with the rating firm

Depositors wait for dues with Sahara Group companies under lens
Updated On : 08 Oct 2020 | 6:05 AM IST