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SC cancels parole of Subrata Roy, asks to surrender in a week

SC cancels parole of Subrata Roy, asks to surrender in a week

Sahara Chief Subrata Roy and two other group directors will have to surrender to custody within a week, with the Supreme Court on Friday terminating the "interim arrangements" of granting parole to them.

SC revokes parole of Subrata Roy Sahara

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Supreme Court gives Sahara Chief  Subrata Roy time till Sept 30 to surrender

Supreme Court gives Sahara Chief Subrata Roy time till Sept 30 to surrender

The Supreme Court on Friday gave Sahara chief Subrata Roy time till September 30 to surrender.

SC cancels Sahara chief Subrata Roy's parole, sends him back to Tihar jail

SC cancels Sahara chief Subrata Roy's parole, sends him back to Tihar jail

The Supreme Court on Friday cancelled the interim arrangement and sent Sahara chief Subrata Roy and two others back to Tihar jail.

SC extends parole of Sahara Group's Subrata Roy to September 23

SC extends parole of Sahara Group's Subrata Roy to September 23

Zee Media Bureau

New Delhi: Supreme Court extended the parole of Sahara Group chief Subrata Roy on Friday to September 23.

Sahara India reportedly deposited Rs 352 crore with the Securities and Exchange Board of India (SEBI), as promised to the Supreme Court.

Supreme Court asks Sahara Group to disclose source of money raised

Supreme Court asks Sahara Group to disclose source of money raised

Supreme Court on Friday asked the Sahara Group to come clean by disclosing its sources from where it had raised Rs. 25,000 crore and paid its investors in cash, observing that it is "difficult to digest" as such a huge amount "cannot fall from the heavens."

Repayments done from money with group companies: Sahara

Repayments done from money with group companies: Sahara

Hours after the Supreme Court asked it to disclose the source of its money, the Sahara Group on Friday said the money collected through optionally fully- convertible debentures (OFCD) were invested in various assets and the group companies made the money available when the need arose for making repayments to the investors.

Ready to pay additional Rs 300 crore, Sahara chief Subrata Roy tells SC

Ready to pay additional Rs 300 crore, Sahara chief Subrata Roy tells SC

Sahara chief Subrata Roy on Friday told the Supreme Court that he is ready to pay additional Rs 300 crore with market regulator Securities and Exchange Board of India (SEBI) which should be adjusted with the bank guarantee.

 

Supreme Court extends Subrata Roy's parole; asks him to deposit Rs 300 crore

Supreme Court extends Subrata Roy's parole; asks him to deposit Rs 300 crore

In a new relief for Subrata Roy, the Supreme Court on Wednesday extended his parole to September 16 however directed him to pay Rs 300 crore by then if he wants to continue to stay out of jail.

Relief for Subrata Roy: Supreme Court extends parole, approves Sahara-Qatar deal

Relief for Subrata Roy: Supreme Court extends parole, approves Sahara-Qatar deal

The Supreme Court on Monday extended till August 3 the parole granted to Sahara chief Subrata Roy on humantarian grounds following the death of his mother, with a strict condition that he will have to deposit the balance of Rs 300 crore, out of the Rs 500 crore promised by him.

Sahara requests SC to extend indefinite bail to Subrata Roy, deposits Rs 200 crore

Sahara requests SC to extend indefinite bail to Subrata Roy, deposits Rs 200 crore

The Sahara Group deposited Rs 200 crore with the Supreme Court following its orders on Friday and sought the apex court to extend an indefinite bail to Subrata Roy and director Ashok Roy Choudhary.

E-auction of Sahara properties underway; Sebi clocks first sale of Rs 58 crore

E-auction of Sahara properties underway; Sebi clocks first sale of Rs 58 crore

Five land parcels were put on the block Monday by HDFC Realty at a reserve price of Rs 722 crore, while five other properties are scheduled to be auctioned by SBI Caps on July 7 at a reserve price of Rs 470 crore.

Sahara auction: Sebi adds 16 land parcels, bid price Rs 650 crore

Sahara auction: Sebi adds 16 land parcels, bid price Rs 650 crore

Markets regulator Sebi on Friday added 16 land parcels of Sahara group with a reserve price of over Rs 650 crore to the list of properties to be auctioned next month for recovery of funds.

Sahara auction: SEBI adds 16 new parcels; bid price Rs 1,245 crore

Sahara auction: SEBI adds 16 new parcels; bid price Rs 1,245 crore

Markets regulator Sebi on Thursday added 16 more land parcels of Sahara group, with a reserve price of Rs 1,245 crore, to the list of properties to be auctioned next month for recovery of funds.

Meet Suzy: Chimpanzee, which once belonged to Sahara chairman, lives a life of luxury at Hyderabad zoo

Meet Suzy: Chimpanzee, which once belonged to Sahara chairman, lives a life of luxury at Hyderabad zoo

A 28-year-old chimpanzee named Suzi has become the centre of attraction at the Hyderabad zoo.

Sebi's Sahara coffer swells to Rs 11,727 crore; Refunds Rs 55 crore

Sebi's Sahara coffer swells to Rs 11,727 crore; Refunds Rs 55 crore

As it gears up to auction Sahara properties worth thousands of crores to recover further funds, market regulator Sebi's Sahara Refund Account has swelled to Rs 11,727 crore with interest but it has been able to refund just about Rs 55 crore so far to the investors.

SEBI to auction 16 land parcels of Sahara group at reserve price of Rs 1,900 crore

SEBI to auction 16 land parcels of Sahara group at reserve price of Rs 1,900 crore

The auction would be conducted by SBI Capital Markets and HDFC Realty, which have been tasked to auction a total of 61 land parcels, on July 13 and July 15 respectively.

Sahara properties to be auctioned at Rs 722 crore reserve price

Sahara properties to be auctioned at Rs 722 crore reserve price

Tasked by markets regulator Sebi to sell land parcels of Sahara, HDFC Realty will e-auction on July 4 five properties owned by the beleaguered group at a reserve price of Rs 722 crore.

Government to crack down on savings scams as PM Modi backs banking for all

Government to crack down on savings scams as PM Modi backs banking for all

New Delhi: India plans legislation to close a regulatory loophole that has made it possible for fraudsters to dupe millions of savers, as Prime Minister Narendra Modi strives to bring the rural poor into the mainstream banking system.

Sahara group submits details of all properties

Sahara group submits details of all properties

Sahara group on Thursday submitted details of its domestic and overseas assets in a sealed envelope to the Supreme Court.