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Sahara stalemate: Has Supreme Court boxed itself in over jailed Subrata Roy?
Corporate

Sahara stalemate: Has Supreme Court boxed itself in over jailed Subrata Roy?

The Supreme Court, by keeping Subrata Roy in jail for over a month, appears to be unsure what to do next with its recalcitrant guest

SC vs Sahara: It's time to let Subrata Roy go and arrest his companies instead
Corporate

SC vs Sahara: It's time to let Subrata Roy go and arrest his companies instead

With Subrata Roy saying he doesn't have Rs 10,000 crore in order to get bail, and his lawyers alleging the court is biased, the Supreme Court will have to take a final call on how to deal with his recalcitrance

Sahara Capers: Why it's not just about refunding the money, but finding its colour
Biztech

Sahara Capers: Why it's not just about refunding the money, but finding its colour

The Sahara group has offered to pay its dues to Sebi in five instalments, but the court needs to follow the money to its roots.

In Subrata Roy's delusional world, he is the financial messiah of the unwashed masses
Corporate

In Subrata Roy's delusional world, he is the financial messiah of the unwashed masses

The unreal world of Subrata Roy and the Sahara Group was nowhere more evident than in his statements in the Supreme Court yesterday

SC order makes it clear that Sahara companies had phantom investors
Corporate

SC order makes it clear that Sahara companies had phantom investors

The Supreme Court's order makes it clear that two Sahara companies that were ordered to return money to OFCD investors may have largely had fictitious investors

Subrata Roy pays the price for defying SC: Court leaves him no escape route
Corporate

Subrata Roy pays the price for defying SC: Court leaves him no escape route

The Sahara Group's 19-month-long effort to evade the Supreme Court's orders are coming to a close with the court making sure that he cannot get away with his charade

How many investors did Sahara really have? Not as many the group claimed
Corporate

How many investors did Sahara really have? Not as many the group claimed

Subrata Roy's two companies claimed they had over 2.96 crore investors but this is simply incredible

Whiff of benami: 1% Sahara investors responded to Sebi
Business

Whiff of benami: 1% Sahara investors responded to Sebi

Not 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.

How will Subrata Roy dig himself out of this hole?
Business

How will Subrata Roy dig himself out of this hole?

Sebi appears to have prepared a water-tight case of consistent flouting of the Supreme Court's orders by Subrata Roy Sahara.

Subrata Roy's Sahara is a fit case for an SIT probe
Business

Subrata Roy's Sahara is a fit case for an SIT probe

There is more to it than meets the eye in Subrata Roy Sahara's money-raising businesses. There is need for a thorough probe.

Sahara Group is pushing the envelope on SC orders
Business

Sahara Group is pushing the envelope on SC orders

A Sebi ad warns Sahara group investors from falling victim to the group's overtures to switch the money to other schemes

Nearly 70,000 Sahara refunds related to people who'd died
Business

Nearly 70,000 Sahara refunds related to people who'd died

Of the 11.78 lakh Sahara investors who were refunded their money, 69,673 related to investors who had died

Sahara will have to sell realty assets to pay off investors
Business

Sahara will have to sell realty assets to pay off investors

Subrata Roy's group seems to be more about real estate than financial intermediation. To repay its investors in two companies, it will have to sell some of its properties - and quickly

RoC: The dog that did not bark when Sahara came in
Business

RoC: The dog that did not bark when Sahara came in

Sebi was able to nail Sahara partly due to chance, when Sahara filed a prospectus for a capital market listing. Can regulation be done purely by chance?

Sahara says no benami money; SC talks of 'dubious' affair
Business

Sahara says no benami money; SC talks of 'dubious' affair

Subrata Roy says there is no benami money in his companies. The SC is not so sure. So why not let an independent probe establish the truth?

This man has to return Rs 27,000 crore in 3 months
Business

This man has to return Rs 27,000 crore in 3 months

The Supreme Court order in the case of two Subrata Roy companies contains harsh words and the possibility of civil and criminal actions