SAHARA
The Supreme Court on Tuesday agreed to list a plea by SFIO challenging a Delhi High Court order, which stayed the investigation into companies related to the Sahara Group.

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Capital market regulator SEBI is holding Rs 25,000 crore of Sahara and in the last nine years, it has only paid around Rs 125 crore to the investors, making the conglomerate company as much a victim as its investors, Sahara said in a statement on Monday.

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Moneylife Digital Team 23 March 2022
While asking the central registrar of multi-state co-operative societies to furnish a report after examination of applications of Sahara group investors claiming that they have not received their money even after maturity, the Delhi High Court has restrained Sahara group societies from accepting any new deposits, says a report.

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The Patna High Court has directed Securities and Exchange Board of India (SEBI) to file its response, in writing on or before March 25, on the matter pertaining to repayment to Sahara's investors.

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Moneylife Digital Team 20 December 2021
Investors of Sahara India Real Estate Corp Ltd (SIRECL) and Sahara Housing Investment Corp Ltd (SHICL) have been paid back Rs138.07 crore, including Rs70.09 crore as principal and Rs67.98 crore as an interest, the Lok Sabha was informed on Monday.

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IANS 09 December 2021
The workers and investors of Sahara together staged a protest against SEBI at the Jantar Mantar here on Wednesday.

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On 31 August 2012, the Supreme Court of India (SC) handed down a historic verdict asking two Sahara companies to refund over Rs20,000 crore to investors that was illegally raised through quasi-debentures without regulatory clearance.

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Moneylife Digital Team 04 March 2021
Terming Sahara India Financial Corp Ltd as an entity not 'fit & proper', market regulator Securities and Exchange Board of India (SEBI) has cancelled registration of the Sahara group unit as sub-broker of National Stock Exchange (NSE) and BSE.

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Moneylife Digital Team 10 February 2021
The Lalitpur police have registered a case against the branch manager, regional manager, and divisional head of Sahara India for accepting deposits under various term schemes and not refunding about Rs3 crore to investors, says a report.

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IANS 02 December 2020
Sahara has moved the Supreme Court and claimed that SEBI seeking a Rs 62,000 crore deposit from it is a clear case of contempt of court and to cause public outrage against Sahara.

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On 29th September, I wrote about how Sahara Pariwar had apparently raised over Rs1.10 lakh crore in 10 years, during a traumatic phase where the group patriarch had been incarcerated for almost two years by the Supreme Court of India

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On 18th August, the usually somnolent central registrar of cooperative societies (CRCS), which regulates cooperative societies and cooperative banks, did something that ought to have made banner headlines across the media

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Sahara executives give a positive spin to his two years in jail

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A team of officials swooped on the township situated on the outskirts of the famous Lonavala hill station to seal the property's main gates and its administrative sections

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Moneylife Digital Team 04 March 2015
Saharashri and two of his lieutenant are still languishing in jail since the Sahara group has so far failed to muster Rs10,000 crore of legitimate funding to get them out on bail. In the meantime, his trolls continue to post foolish comments on every article about Subrata Roy and Sahara group

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Moneylife Digital Team 27 February 2015
The Subrata Roy-led Sahara group is facing a liquidity crunch for past one year due to embargo and double payment for investor refund, resulting into many problems like meeting employee salary, statutory and other operating obligations

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Moneylife Digital Team 04 December 2014
With the latest deal, Sahara has come a step closer to raising the Rs10,000 crore that the SC had stipulated in order to secure bail for its chief, Subroto Roy

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