RBI cancels Sahara India's para-banking license

Last Updated: Tuesday, September 8, 2015, 13:57

The notice cancelling its license to conduction financial business has been sent to the Kapurthala head quarter of the Sahara India.

LIC taking advantage of market fall, buying stocks: Chairman

Last Updated: Monday, September 7, 2015, 20:46

The recent fall in stock markets is a good buying opportunity for long-term investors, and LIC has been been buying stocks, said its Chairman S K Roy Monday.

Fresh trouble for Sahara Group; SC seeks reply on I-T return notice

Last Updated: Friday, September 4, 2015, 14:02

In what could spell fresh trouble for Sahara chief Subrata Roy, the Supreme Court has asked the company to reply to the notice sent by Income Tax department.

A K Jha to take additional charge of NTPC CMD post

Last Updated: Monday, August 31, 2015, 22:51

After refusing extension to Arup Roy Choudhury as Chairman and Managing Director of NTPC, the government Monday gave additional charge of this post to the state-run power major's Director (Technical) A K Jha for three months from September 1.

No extension for NTPC CMD Arup Roy Choudhury; to retire today

Last Updated: Monday, August 31, 2015, 02:36

National Thermal Power Corporation Limited (NTPC) chief Arup Roy Choudhury will retire from his services on Monday, after he was denied an extension by the government.

No extension for NTPC CMD Arup Roy Choudhury; to retire Monday

Last Updated: Sunday, August 30, 2015, 18:14

National Thermal Power Corporation Limited (NTPC) chief Arup Roy Choudhury will retire from his services Monday, after he was denied an extension by the government.

Don't distort tariff, pay aid directly to poor: NTPC to states

Last Updated: Wednesday, August 26, 2015, 16:08

Issuing bonds and writing off debt will not help power distribution firms, and states should use technology to provide direct subsidy to weaker sections without affecting tariff, NTPC Chairman Arup Roy Choudhury said today.

HC extends stay on proceedings against Subrata Roy in IT case

Last Updated: Tuesday, August 18, 2015, 18:03

Delhi High Court Tuesday extended till November 27 the stay on trial court proceedings against Sahara chief Subrata Roy, now in Tihar Jail, in an income tax case for allegedly not filing returns for a group company for the assessment year 2013-14.

Supreme Court extends facilities to Subrata Roy in jail

Last Updated: Monday, August 17, 2015, 23:46

The Supreme Court on Monday extended till September 30 the special facilities given to Sahara chief Subrata Roy to facilitate communication for negotiating transactions to raise money to pay market regulator Securities and Exchange Board of India.

Not selling overseas properties: Sahara to Surpreme Court

Last Updated: Monday, August 17, 2015, 21:06

Sahara Group Monday told the Supreme Court that it was not selling its three overseas hotels, Grosvenor House Hotel in London, the New York Plaza and Dream New York hotels and alleged that some entities are "looking to grab these properties".

Lalit Modi to help fund Sahara chief Subrata Roy's release from jail?

Last Updated: Monday, August 17, 2015, 17:05

In what could come as a relief to Sahara chief Subrata Roy, Indian Premier League founder Lalit Modi has decided to step in to help the company and arrange sale of Sahara properties.

Two foreign firms move SC to buy Sahara's overseas hotels

Last Updated: Friday, August 14, 2015, 22:29

Two private firms on Friday moved the Supreme Court expressing their willingness to buy Sahara Group's three overseas hotels, Grosvenor House Hotel in London, the New York Plaza and Dream New York hotels, which will help raise money for release of Subrata Roy from jail.