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Sahara Mauritius fund

11 Aug 2017

Mauritius fund offers $1.67 billion fund for Sahara's Aamby Valley

The investment offer, proposed as a debt arrangement, comes at a time when the Supreme Court has ordered auction of the Aamby Valley resort town between Mumbai and Pune in Maharashtra. Sahara group pegs the market valuation of this project at over Rs 1 lakh crore.

01 Aug 2017

IRDAI missed early warning signals at Sahara India Life

A cursory reading of the Insurance Regulatory and Development Authority`s (IRDAI) order against Sahara India Life in 2012 shows the regulator has clearly missed the wood for the trees, officials told IANS on condition of anonymity.

16 Sep 2016

SC extends parole of Sahara Group's Subrata Roy to September 23

01 Feb 2016

Sahara funnels cash from small savers to keep Aamby Valley afloat

The Sahara conglomerate has been funnelling cash from small savers to fund one of its biggest projects, a luxury resort south of Mumbai.

07 Jan 2016

ED to monitor investors in Sahara

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Agriculture Ministry India

24 Dec 2015

Agriculture Ministry seeks explanation from Sahara credit society

Government has sought explanation from Sahara Group's credit cooperative following complaints about non-payment of money to investors, but is yet to receive a reply.

15 Sep 2015

Sahara says RBI cancellation of NBFC licence mutually decided

A day after the RBI announced cancellation of NBFC licence of Sahara India Financial Corp Ltd, the group Tuesday said the decision was as per "a mutually decided arrangement" between the central bank and the company.

14 Sep 2015

RBI cancels Sahara India Financial Corp's NBFC registration

In a fresh jolt to Saharas, Reserve Bank has cancelled Sahara India Financial Corporation's certificate of registration as NBFC.

08 Sep 2015

RBI cancels Sahara India's para-banking license

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

14 Aug 2014

Sahara executive proposes Rs 3,000-cr 'contribution scheme'

The scheme involves collection of Rs 1.25 lakh-1.50 lakh each from these two lakh persons, as per a letter sent by D K Srivastava, an Executive Director in the group.

06 Jun 2014

Sahara Group residential project sold to Ahmedabad-based firm

Sahara Group had floated 'Sahara City' residential scheme at Shela village near Bopal on the city outskirts a few years ago.

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