Recent Highlights
All Stories for Ofcds
Sahara Group seen muzzling media by obtaining a book ban
Jagannathan • 11 years agoThe Sahara Group, which is yet to comply with a SC order to refund Rs 24,000-and-odd crore to investors, is trying to overawe a journalist with a defamation case
Why Supreme Court is running out of patience with Sahara's Subrata Roy
Jagannathan • 11 years agoThe Supreme Court has given the Sahara Group too long a rope. The Saharas have successful stalled compliance with an order of August last year till now
Subrata Roy wants to send Sebi on a wild goose chase
Jagannathan • 12 years agoSubrata Roy has a point when he says Sebi should have given priority to returning his investors money, but what if many of his investors are non-existent?
Whiff of benami: 1% Sahara investors responded to Sebi
Jagannathan • 12 years agoNot only has Sahara not paid the full amount to Sebi, but its data is now looking increasingly shady - giving rise to the suspicion that many of the investors may be figments of the imagination.
SC gives Sahara more leeway, more litigation likely
Business • 12 years agoThe litigation in the Sahara case looks likely to prolong further as the Supreme Court gives the group more time to repay investors
Sahara ads indirectly confirm some of Sebi's allegations
Jagannathan • 12 years agoA Sahara ad splurge in the media indirectly confirms that the firm has repaid many of its OFCD investors without routing it through Sebi
As Rs 24,000 cr refund nears, Sahara Group gets more brazen
Jagannathan • 12 years agoMore reports are coming in that the Sahara Group is pressuring investors to roll the money in OFCDs to other schemes - in contravention of Sebi/SC orders
Sahara Group is pushing the envelope on SC orders
Business • 12 years agoA Sebi ad warns Sahara group investors from falling victim to the group's overtures to switch the money to other schemes
Finally, SC orders 2 Sahara firms to pack up and repay Rs 20,000 cr
Jagannathan • 13 years agoThe Sahara Group's elaborate ruse to avoid Sebi scrutiny of its dubious OFCD scheme has finally been shot down by the Supreme Court
To return OFCD money, Sahara will have to sell properties
Kirpal • 13 years agoThe Sahara Group, in an affidavit filed with the court on 4 January, has disclosed a complex web of over 200 companies, in some of which the group invested public money raised through OFCDs.