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Sahara News

19 Sep 2024

Refund Cap For Sahara Group Depositors Increased To Rs 50,000 From Rs 10,000

The government has so far released Rs 370 crore to more than 4.29 lakh depositors of Sahara Group of Cooperative Societies through the CRCS-Sahara refund portal.

18 Jul 2023

CRCS - Sahara India Refund Portal: Who Are Eligible & How To Claim Your Money?

The CRCS (Central Registry of Claims Services) offers a simple and efficient process for depositor registration and login. Scroll down to find the direct link of the portal. Let's walk through the steps involved:

02 Jun 2023

SBI Life To Takeover Liabilities Of 2 Lakh Policies, Assets Of Sahara: Irdai

Sahara India Life Insurance was granted a Certificate of Registration in 2004 to transact the business of life insurance.

26 May 2022

SC sets aside HC order staying SFIO probe into 9 companies related to Sahara

A vacation bench of justices D Y Chandrachud and Bela M Trivedi allowed the appeal filed by the SFIO against the high court order.

14 Oct 2021

Netflix in trouble again, court summons directors, producer in defamation case

The summon was issued to Netflix director Abhisekh Nag. The court passed the order on a complaint case moved by Sahara India and its employees. Sahara had opposed the documentary from the very beginning and tried hard to convey Netflix not to release it on its web portal but the same was released.

20 Nov 2020

Sebi moves SC, wants Subrata Roy in custody for non-payment of of Rs 62K crore

Roy was sent to Tihar Jail in 2014. He came out on parole in 2016. He has been out of prison since then.

12 Jul 2018

Sahara SEBI Case: Aamby Valley auction fails to get bids

Subrata Roy-led group managed to bail out of its elite ownership by informing the SC that two firms are willing to pay Rs 1,000 crore for its properties at Vasai in Mumbai.

09 Jan 2018

Snow paints red sand dunes of Sahara desert a wondrous white

Majestic red sand dunes of the Sahara desert in a small North African town recently witnessed snowfall - much to the amazement of locals, environmentalists and people around the world at large.

14 Oct 2017

Sahara lawyer says SEBI misled SC on auction process

The lawyer added that in some publications, it was also absolutely wrongfully written that the court warned Subrata Roy whereas there was no such warning.

11 Sep 2017

SC rejects Sahara's plea for lifting attachment, stopping auction of Aamby Valley

The Supreme Court on Monday rejected a plea by Sahara Group urging it to lift attachment of its Aamby Vally project and permit it to enter into agreement with Royal Partners Investment Fund for selling it 26 per cent stakes in it for $1.6 billion.

10 Aug 2017

SC rejects Sahara's plea to put on hold Aamby Valley auction

The Supreme Court on Thursday refused to accept Sahara chief Subrata Roy's plea to put on hold the auction process of the group's project Aamby Valley in Pune district of Maharashtra.

09 Aug 2017

Sahara in SC for putting on hold auctioning of Aamby Valley

The apex court had on July 25 asked the embattled Sahara chief to deposit Rs 1,500 crore in the SEBI-Sahara account by September 7 and said that it might then deliberate upon his plea seeking 18 months more time for making complete repayment.

31 Jul 2017

SAT stays IRDAI order on Sahara Life for a week

Giving a week's relief to Sahara India Life Insurance (SILIC), the Securities Appellate Tribunal (SAT) today stayed the IRDAI decision to sell the business of the Sahara group company to ICICI Prudential Life Insurance.

25 Jul 2017

SC asks Sahara chief to deposit Rs 1,500 crore by September 7

The Supreme Court on Tuesday directed Sahara group chief Subrata Roy to deposit Rs 1,500 crore in the SEBI-Sahara refund account by September seven.

05 Jul 2017

SC gives no relief to Sahara chief Subrata Roy, refuses to extend deadline for payment of Rs 552 crore

The Supreme Court on Wednesday noted that embattled Sahara chief Subrata Roy has deposited Rs 710.22 crore in the SEBI-Sahara account

04 Jul 2017

Sebi to e-auction Sahara property in Uttarakhand on Jul 28

Capital markets regulator Sebi will auction a property owned by Sahara in Uttarakhand, for a total reserve price of little over Rs 223 crore, on July 28, as part of the process to recover funds from the beleaguered group.

26 Jun 2017

Eight Chadian troops killed in clashes with Boko Haram

Eight Chadian soldiers were killed in fierce fighting with Boko Haram insurgents at the weekend on islands on Lake Chad.

25 Apr 2017

I-T dept issues Rs 24,646 crore notice to Sahara's Aamby Valley

The Income Tax department has issued a Rs 24,646 crore tax demand notice to Sahara Group's Aamby Valley Limited (AVL) after conducting a special audit of the company.

19 Apr 2017

Tata, Godrej, Adani show interest in buying Sahara properties

A large number of corporates, including Tatas, Godrej, Adani and Patanjali, have shown interest in buying embattled Sahara group's 30 properties estimated to be worth about Rs 7,400 crore.

07 Feb 2017

ED moves SC for attaching Sahara Group's major foreign assets worth over Rs 3697 crore

There is fresh trouble for Sahara Group Chairman, as ED has moved Supreme Court seeking permission to attach major foreign assets of Sahara Group worth over Rs 3,697 crore.

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