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Sahara India is murky and mysterious, yet so massive
Fp Archives •Critics say Sahara's investment products are designed to evade oversight by financial regulators and that it lacks transparency on the source and use of its funds, selling products to investors who do not understand the risks and ploughing the proceeds into real estate projects.
Sahara sends two trucks full of documents to Sebi; third on way
Fp Archives •Sahara Group is believed to have dispatched two truck-loads of documents to Sebi's headquarters on the issue related to Supreme Court-directed refund of Rs 24,000 crore to an estimated three crore investors
Market regulator at fault in Sahara case, SC told
Fp Archives •The court was told that the investors in the optional fully convertible debentures were getting in time what was due to them.
Sebi lets off Tayals: Uses new logic to revoke own ban of 2010
Fp Editors •Sebi has ended the ban on the Tayals, formerly of Bank of Rajasthan, for offences it earlier considered serious.
Sahara-Turner Construction JV plans $25 bn projects
Fp Archives •The Sahara Group today sewed up a joint venture with US-based Turner Construction and a private equity firm Acropolis Capital.
Sahara-BCCI tiff: Was money pressure the tipping point?
Jagannathan •Is the Sahara threat to pull out of sponsorship of the Indian cricket team the result of a tiff with BCCI or also because the group is under financial pressure?
Kingfisher to get Rs 250 crore loan from Sahara: Report
Fp Archives •Kingfisher, India's third largest airline by market share, has been struggling to raise funds to continue operations and repay debt.
SC issues notices to Jet Airways, Sahara on sellout dispute
Fp Archives •The Supreme Court today issued notices on cross appeals by Sahara India and Jet Airways challenging a Bombay High Court order.
Tulip Telecom bags four orders worth nearly Rs 200 cr
Fp Archives •In addition, it bagged a Restructured Accelerated Power Development Reforms Programme (R-APDRP) project in Bihar worth Rs 24.78 crore over a period of five years, besides a<br /><br /> connectivity order from Sahara parabanking worth Rs 50 crore.
A breather to Sahara, SC stays order to refund investor money
Fp Archives •SC has asked the two cos to file a detailed affidavit explaining as to how it will protect the interests of their 2.3 crore investors who have put in money in Sahara India Real Estate Corporation and Sahara Housing Investment Corporation.