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Supreme Court asks Sahara group to furnish details of all properties

Apr 27, 2016

Supreme Court asks Sahara group to furnish details of all properties

The Supreme Court on Wednesday directed the Sahara group to furnish details of all its properties in a sealed cover to ascertain the fact as to whether they are sufficient for paying back the entire amount to the investors. #NewsTracker #SEBI #HDFC #Sahara #SC
The Subrata Roy case: What's happening to the billionaire who couldn't get away?

Mar 10, 2016

The Subrata Roy case: What's happening to the billionaire who couldn't get away?

Questions need to be raised about the curious case of billionaire Subrata Roy who paid loads of cash to the market regulator and last week completed two years behind bars in Delhi's maximum security prison. #HowThisWorks #Supreme Court #SEBI #Vijay Mallya #Subrata Roy #Sahara #SC #billionaires #OFCD
Tackling cronies requires political will; else RBI will become a paper tiger

Jan 14, 2016

Tackling cronies requires political will; else RBI will become a paper tiger

The RBI alone cannot do much to hunt down the “inter-connected wrongdoers” unless there is a strong political will #RBI #Kingfisher Airlines #Vijay Mallya #Raghuram Rajan #NPA #Subrata Roy #Sahara #wilful defaulters
Two foreign firms move SC to buy Sahara's overseas hotels

Aug 14, 2015

Two foreign firms move SC to buy Sahara's overseas hotels

Two private firms on Friday moved the Supreme Court expressing their willingness to buy Sahara Group's three overseas hotels, Grosvenor House Hotel in London, the New York Plaza and Dream New York hotels, which will help raise money for release of Subrata Roy from jail. #NewsTracker #SEBI #Subrata Roy #Sahara #Sahara Hotels
Another blow: Sebi says Sahara Mutual Fund not 'fit and proper', cancels licence

Jul 29, 2015

Another blow: Sebi says Sahara Mutual Fund not 'fit and proper', cancels licence

In a fresh crackdown on Saharas, regulator Sebi today cancelled the registration of Sahara Mutual Fund. #India #Business #NewsTracker #SEBI #Sahara #mutual fund licence
US court issues show-cause notice to Sahara in $350-mn lawsuit

Jun 22, 2015

US court issues show-cause notice to Sahara in $350-mn lawsuit

In fresh troubles for Sahara, a US court has issued show-cause notice to the group in connection with a $350 million lawsuit seeking attachment of its two prized hotel assets here -- Plaza and Dream Downtown. #India #Business #NewsTracker #Subrata Roy #Sahara #Bank of China #Grosvenor House #JTS Trading Ltd