The Sahara Saga News

Companies

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

Supreme Court says the Aamby Valley auction will continue and, at the same time, Sahara will be entitled to enter into negotiations for the investment in the project

2 min read11 Aug 2017
Companies

Supreme Court directs Sahara to deposit Rs1,500 crore by 7 September

Supreme Court says the Aamby Valley auction process will be stopped if Sahara makes the payment in the Sebi account by 7 September

2 min read26 Jul 2017
Industry

IRDA identifies 6 insurers to take over Sahara India Life Insurance

IRDA has identified LIC, ICICI Prudential, HDFC Standard Life, Bajaj Allianz, Kotak Mahindra and SBI Life as potential candidates to take over Sahara Life's business

3 min read29 Jun 2017
Companies

5 years on, Sebi’s quest to find Sahara bondholders unsuccessful

Till 31 March, Sebi has managed to return only Rs85.03 crore to Sahara investors

2 min read27 Jun 2017
Companies

IRDA appoints administrator to manage Sahara Life Insurance

IRDA takes over the management of Sahara Life Insurance, saying that the Subrata Roy firm was 'acting in a manner' prejudicial to the interest of subscribers

1 min read12 Jun 2017
Companies

Sahara in talks for sale of foreign hotels, 30 domestic assets

Talks are underway for sale of Sahara's foreign hotels The Plaza and Dream Downtown in New York, and Grosvenor House in London

3 min read25 May 2017
Companies

Barclay brothers bid for Sahara’s Grosvenor House in London: report

Barclay brothers, David and Frederick, have bid over 600 million for Grosvenor House in London currently owned by Sahara's Subrata Roy, the 'Sunday Times' reported

1 min read16 Apr 2017
Companies

Subrata Roy bail: Sebi begins auction process of Sahara properties

Sebi publishes ads in national dailies, says it has put up for sale 10 properties of Sahara at a reserve price of Rs1,193.95 crore

2 min read3 Jun 2016
Companies

Sahara uses small savers to keep Aamby Valley afloat

Sahara has ploughed at least `15 billion from two of its credit cooperatives into the Aamby Valley resort project through investments in preference shares

4 min read31 Jan 2016
Companies

Sahara India employees form union, threaten hunger strike

Move comes as employees press for the payment of delayed salaries

1 min read14 Sep 2015
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