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.

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.

Supreme Court to consider auctioning off Sahara properties

Last Updated: Monday, August 3, 2015, 23:53

The Supreme Court on Monday asked the Securities and Exchange Board of India (SEBI) to submit an application by September 14 seeking its approval to appoint a receiver to auction conglomerate Sahara`s assets and refund investors in the troubled group`s illegal bonds.

You are in jail by choice: SC to Sahara chief Subrata Roy

Last Updated: Monday, August 3, 2015, 21:05

Jailed Sahara Group chief Subrata Roy's plea for his release on humanitarian grounds Monday evoked a sharp reaction from the Supreme Court which said "you are in jail by choice".

Sahara Group says will defend lawsuit on US hotels sale

Last Updated: Thursday, June 25, 2015, 19:43

Facing a lawsuit in the US over sale of its overseas hotels, crisis-ridden Sahara Thursday said it was a "private dispute" between two parties unrelated to it and the group will "vigorously" defend its position.

SC sets terms for Sahara chief Subrata Roy release from jail

Last Updated: Friday, June 19, 2015, 12:41

A bench of justices T S Thakur, A R Dave and A K Sikri while pronouncing its order said, "We have accepted the format of bank guarantees", subject to certain conditions.

SC refuses to grant immediate bail to Sahara chief Subrata Roy

Last Updated: Friday, June 19, 2015, 11:01

Sahara has to pay Rs 3,000 crore in nine installments post Roy's release. The Supreme Court has allowed Roy to use jail office for six weeks.

Court to hear IT case against Subrata Roy, others on July 14

Last Updated: Monday, June 1, 2015, 17:42

A Delhi court Monday fixed for next month the proceedings in an Income Tax case in which Sahara chief Subrata Roy, now lodged in Tihar Jail here, and others have been accused of not filing returns for a group company for 2013-14 assessment year.

SC delays bail decision on jailed Sahara chief Subrata Roy

Last Updated: Thursday, May 14, 2015, 19:00

The Supreme Court Thursday reserved its order on various aspects relating to release of Sahara Chief Subrato Roy from jail saying it would decide how more money has to be paid and as to when SEBI may encash the bank guarantee in future.

Sahara chief Subrata Roy may walk out of jail this week

Last Updated: Monday, May 11, 2015, 00:49

After more than a year at the Tihar Jail, beleaguered Sahara group founder Subrata Roy could walk out of jail this week after the company informed that Supreme Court that it was ready with a bank guarantee of Rs 5000 crore for the sumpremo's bail.

Court to hear IT case against Subrata Roy, others on June 1

Last Updated: Wednesday, April 15, 2015, 17:22

A Delhi court Wednesday fixed June one to hear an Income Tax case in which Sahara Chief Subrata Roy, now lodged in Tihar Jail, and others have been accused of not filing returns for a group company for 2013-14 assessment year.

Court issues warrant for Subrata Roy's appearance in IT case

Last Updated: Tuesday, March 24, 2015, 19:20

A Delhi court on Tuesday issued warrant for the appearance of Sahara Chief Subrata Roy, now lodged in Tihar Jail, in an Income Tax case in which he has been accused of not filing returns for a group company for the 2013-14 assessment year.