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How Subrata Roy Never Recovered From Downfall?

How Subrata Roy Never Recovered From Downfall?

Wed, Nov 15, 2023

Subrata Roy, Chairman of Sahara Group, one of the most renowned corporate houses of the country, passed away. He was ill for a long time and breathed his last in a hospital in Mumbai. There was a time when leaders, actors, businessmen and sportsmen all lived around Subrata Roy. Once Subrata Roy's downfall started, he did not stop and one by one all his close ones started moving away. We are telling you what was the incident after which Roy's downfall started.

CRCS-Sahara Refund: Rs 10,000 each released to 112 investors in first tranche — check next transfer date

CRCS-Sahara Refund: Rs 10,000 each released to 112 investors in first tranche — check next transfer date

Fri, Aug 04, 2023

CRCS-Sahara Refund: The minister informed that so far 18 lakh depositors have registered on the CRCS-Sahara Refund Portal, which had been launched on July 18.

5 lakh Sahara investors have registered on refund portal, says Amit Shah

5 lakh Sahara investors have registered on refund portal, says Amit Shah

Fri, Jul 21, 2023

On July 18, the 'CRCS-Sahara Refund Portal' was launched to facilitate return the monies of investors stuck in four cooperative societies of Sahara Group.

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Sahara says Rs 3,226 cr paid to cooperative society members in 75 days

Sahara says Rs 3,226 cr paid to cooperative society members in 75 days

Mon, Oct 12, 2020

The group said there has been some delay in payments, primarily due to an embargo imposed for last eight years by the Supreme Court, while approximately Rs 22,000 crore of its funds, including interest amount, are deposited in the Sahara-Sebi account, which was created to refund bondholders of two group firms

Subrata Roy led Sahara Group to sell New York's iconic Plaza Hotel for $600 mn: Source

Subrata Roy led Sahara Group to sell New York's iconic Plaza Hotel for $600 mn: Source

Wed, Jul 04, 2018

The tiny but ultra-rich Gulf state of Qatar has agreed to buy one of New York`s most iconic buildings, the Plaza Hotel, for around $600 million, adding a development that was once owned by U.S. President Donald Trump to its luxury property portfolio.

Sebi invites refund claims from PACL investors

Sebi invites refund claims from PACL investors

Tue, Jan 02, 2018

PACL collected over Rs 60,000 crore through illegal collective investment schemes over a period of 18 years

Aamby Valley auction for Rs 37,000 crore gets just two potential bidders

Aamby Valley auction for Rs 37,000 crore gets just two potential bidders

Sun, Sep 17, 2017

Just two interested parties have turned up and have submitted their KYC details as required for the initial steps of the auction process.

Supreme Court asks Sahara to Pay 709.82 Crore by July 5

Supreme Court asks Sahara to Pay 709.82 Crore by July 5

Tue, Jun 20, 2017

News 360 : This segment of Zee Business bring to major news of the day. Updates regarding GST, share market, loan policy for farmers, guidelines on bitcoines, CDSL IPO are provided in this bulletin. About Zee Business --------------------------

Not Mallya's, Tata, Godrej, Adani show interest in buying Sahara properties

Not Mallya's, Tata, Godrej, Adani show interest in buying Sahara properties

Wed, Apr 19, 2017

On February 28, the Supreme Court had allowed Sahara to sell certain properties after market regulator Sebi found it difficult to auction them even with the help of specialised agencies.

Supreme Court wants Sahara's Aamby Valley property auctioned

Supreme Court wants Sahara's Aamby Valley property auctioned

Mon, Apr 17, 2017

The top court had in 2012 asked Sahara to return the investors` money that Sahara India Real Estate Corp Ltd and Sahara Housing Investment Corp Ltd had raised in 2008 and 2009.

Here are 5 key things you should look forward to in India's real estate sector this week

Here are 5 key things you should look forward to in India's real estate sector this week

Tue, Mar 07, 2017

From DLF negotiating agreement with GIC Singapore for 40% equity sale to Videocon selling Fort House for Rs 300 crore to Dawat-e-Hadiyah to Mutual Funds (MFs) to give 15 days for exit option to REITs, InvITs investors and much more happenings in India's real estate sector this week.

Supreme Court refuses to extend Sahara chief Subrata Roy's time to pay Rs 600 crore

Supreme Court refuses to extend Sahara chief Subrata Roy's time to pay Rs 600 crore

Thu, Jan 12, 2017

On November 28, Supreme Court had extended Roy's parole to February 6.

Sahara-Birla: Rahul Gandhi accuses Narendra Modi of taking cash payments

Sahara-Birla: Rahul Gandhi accuses Narendra Modi of taking cash payments

Wed, Dec 21, 2016

He has threatened for weeks to cause an "earthquake" by exposing what he called Modi`s personal corruption. The ensuing row paralysed parliament and caused its winter session to be one of the most acrimonious and unproductive on record.

Supreme Court extends Sahara chief Roy's parole to February 6

Supreme Court extends Sahara chief Roy's parole to February 6

Mon, Nov 28, 2016

The Supreme Court on Monday extended Sahara Chief, Subrata Roy’s parole to February 6 next year. The court also directed Sahara to pay Rs 600 crore till the date of the parole.

Supreme Court extends Sahara chief Subrata Roy's parole till October 24

Supreme Court extends Sahara chief Subrata Roy's parole till October 24

Wed, Sep 28, 2016

Supreme Court (SC) has extended the parole of conglomerate Sahara's chief Subrata Roy by nearly a month in an interim order issued on Wednesday.

Supreme Court asks Sahara to disclose source of Rs 23,000 crore in refunds to investors

Supreme Court asks Sahara to disclose source of Rs 23,000 crore in refunds to investors

Fri, Sep 02, 2016

The apex court also asked the Securities Exchange Board of India (SEBI) to look into the Sahara deal on Grosvenor House hotel, London sale and investigate if anything is amiss.

Sahara case: Sebi says nearly 12,000 refund applications received

Sahara case: Sebi says nearly 12,000 refund applications received

Fri, Aug 19, 2016

The total refunds made aggregate Rs 55.72 crore, including principal amount of about Rs 31.7 crore and interest of over Rs 24.01 crore.

SC extends Subrata Roy's parole till September 16 after receiving Rs 300 crore deposit

SC extends Subrata Roy's parole till September 16 after receiving Rs 300 crore deposit

Wed, Aug 03, 2016

The Supreme Court (SC) has extended the parole of Sahara chief Subrata Roy till September 16, 2016 after it deposited Rs 306 crore on Wednesday. Sahara will have to deposit another Rs 300 crore by September 16, according to a Zee Business report.

Already deposited Rs 14,000 crore with Sebi, Sahara says

Already deposited Rs 14,000 crore with Sebi, Sahara says

Sun, Jul 17, 2016

In a statement, the company said, "Saharasri offers gratitude to all who stood by Sahara in difficult times," adding, "Sahara has already deposited more than Rs.14,000 crores with SEBI, but in the last 43 months, Sebi has repaid only around Rs 50 crores to the esteemed Investors, ofcourse after verification all these monies shall come back to Sahara."

Govt to crack down on savings scams to give push to PM Modi's banking for all vision

Govt to crack down on savings scams to give push to PM Modi's banking for all vision

Mon, May 30, 2016

Prime Minister Narendra Modi has been striving to bring the rural poor into the mainstream banking system.

HDFC Realty, SBI Caps to initiate e-auctioning process for 61 Sahara properties sale

HDFC Realty, SBI Caps to initiate e-auctioning process for 61 Sahara properties sale

Tue, May 24, 2016

As per the court directions, these properties cannot be sold at less than 90% of circle rates.

Supreme Court allows 4-week parole to Subrata Roy

Supreme Court allows 4-week parole to Subrata Roy

Fri, May 06, 2016

The Supreme Court has permitted Subrata Roy to leave Tihar Jail on a four-week Parole. Earlier in the day, Sahara Chief Subrata Roy had sought parole to perform cremation rites of his mother who passed away in the wee hours this morning.

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