SAHARA
On 18th August, the usually somnolent central registrar of cooperative societies (CRCS), which regulates cooperative societies and cooperative banks, did something that ought to have made banner headlines across the media

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Sahara executives give a positive spin to his two years in jail

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A team of officials swooped on the township situated on the outskirts of the famous Lonavala hill station to seal the property's main gates and its administrative sections

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Moneylife Digital Team 04 March 2015
Saharashri and two of his lieutenant are still languishing in jail since the Sahara group has so far failed to muster Rs10,000 crore of legitimate funding to get them out on bail. In the meantime, his trolls continue to post foolish comments on every article about Subrata Roy and Sahara group

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Moneylife Digital Team 27 February 2015
The Subrata Roy-led Sahara group is facing a liquidity crunch for past one year due to embargo and double payment for investor refund, resulting into many problems like meeting employee salary, statutory and other operating obligations

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Moneylife Digital Team 04 December 2014
With the latest deal, Sahara has come a step closer to raising the Rs10,000 crore that the SC had stipulated in order to secure bail for its chief, Subroto Roy

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Moneylife Digital Team 01 August 2014
Sahara group's jailed chief Subrata Roy would stay in a conference hall at Tihar Jail complex for 10 working days from 5th August and negotiate with prospective buyers the sale of the group's assets in London and New York

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Moneylife Digital Team 19 May 2014
The new bench of Justices TS Thakur and AK Sikri, however, refused to allow a plea for putting Roy under house arrest in Lucknow instead of keeping him in Tihar jail

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Moneylife Digital Team 15 May 2014
Justice Radhakrishnan, who retired on 14th May, has gone on record saying that the bench was under immense pressure in the Sahara case

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Moneylife Digital Team 18 April 2014
Supreme Court admonished Sahara Group for its aggressive advertisements criticising SEBI

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Moneylife Digital Team 03 April 2014
Sahara chief Subrata Roy to remain in jail as the Supreme Court adjourned hearing to 9th April. Sahara had proposed to Rs2,500 crore immediately and rest Rs2,500 crore in cash within three weeks after release of Roy and two directors

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Moneylife Digital Team 04 March 2014
While accepting Roy's apology, the Bench rapped the Sahara Group chairman for not abiding by its order and taking contradictory stand on payment of investors' money

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Moneylife Digital Team 09 January 2014
Supreme Court has asked Sahara Group to reveal source of Rs22,000 crore which it claimed to have paid its investors

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Moneylife Digital Team 26 November 2013
Sahara group in a public notice published in various newspapers said that it would submit to SEBI title deeds relating to other properties aggregating Rs20,000 crore, instead of debating any further on the issue

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Moneylife Digital Team 24 June 2013
After passing its attachment orders, SEBI informed all the banks, depositories, mutual funds and NBFCs, among others, about the matter and also requested the RBI to direct the chiefs of the banks to transfer the money of Sahara firms to a designated SEBI account

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Moneylife Digital Team 21 May 2013
After failing to pay the last instalment of the franchisee fee, Sahara India decided to pull out from the IPL T20 league

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Moneylife Digital Team 30 April 2013
The counsel of the Sahara Group said there was no case of wilful disobedience of the apex court order as the documents have been supplied to SEBI and on 5 December 2012, the issue of depositing money was also considered by the court

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