Page 2 - Sahara India
SFIO searches Sahara's office in Lucknow, probe against group widens
Group's companies suspected to have diverted a huge amount of money to other subsidiaries after taking collections from depositors.
 "SFIO searches Sahara's office in Lucknow, probe against group widens")
Refund money or pay interest: Securities Appellate Tribunal directs Sebi
Sebi had, a year ago, imposed penalty of Rs 600,000 on an individual for violation under the Prohibition of Fraudulent and Unfair Trade Practices
 "Refund money or pay interest: Securities Appellate Tribunal directs Sebi")
Sahara ropes in investors, deposits Rs 22,000 cr with Sebi for revival
Roy has also assured all Sahara investors that they would get their invested amount with full interest and an additional interest would be paid even for a day's delay.
NCDRC asks Sahara India to pay claimants under its accidental death scheme
The commission also imposed a cost of Rs 2 lakh on the Chief Executive of Sahara India Commercial Corporation, along with a stern advice of caution for its unfair trade practices
 "NCDRC asks Sahara India to pay claimants under its accidental death scheme")
Sebi says Rs 106 cr refunded to more than 13,000 Sahara investors
The refunded amount includes Rs 56.86 crore of principal and Rs 49.24 crore paid as interest for 13,543 refund claims made by bondholders of two Sahara group firms
 "Sebi says Rs 106 cr refunded to more than 13,000 Sahara investors")
Qatar-backed Katara holding buys Sahara-owned Plaza Hotel for $600 mn
US President Donald Trump and hotelier Conrad Hilton were previous owners of one of the most iconic landmarks in New York City
 "Qatar-backed Katara holding buys Sahara-owned Plaza Hotel for $600 mn")
Subjected to double payment of single liability, says Sahara's Subrata Roy
Despite paying off 95% of investors, Sahara India had to pay Rs 19,000-cr to market regulator Sebi
 "Subjected to double payment of single liability, says Sahara's Subrata Roy")