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June 2011 - SEBI ordered Sahara firms to immediately refund the money collected through its sale of OFCDs. October 2011 - Securities Appellate Tribunal (SAT), set up by the Supreme Court, ordered two unlisted Sahara group companies to refund within six weeks about Rs. 17,656.53 crore with 15% interest, which it had raised through OFCDs.
Sahara India Pariwar (pariwar being Hindi for "family") is an Indian conglomerate headquartered in Lucknow, Uttar Pradesh, India.The group operates business sectors such as finance, infrastructure & housing, real estate, sports, power, manufacturing, media & entertainment, health care, life insurance, educational institute, offline online education (edunguru), retail, E-commerce (online ...
Subrata Roy. Subrata Roy (10 June 1948 – 14 November 2023) was an Indian businessman who founded the business conglomerate Sahara India Pariwar in 1978. [1] Sahara India Pariwar operated a vast number of businesses, such as Aamby Valley City, Sahara Movie Studios, Air Sahara, Uttar Pradesh Wizards, and Filmy, among others.
SCAM SEASON THREEPEAT UPDATE: Sahara India Pariwar, the company founded by the late Subrata Roy, has hit back after SonyLIV and Applause Entertainment announced a series on him. “An abusive and ...
Subrata Roy, chair of Sahara India Pariwar, a former major player in the Indian media space, died on Nov. 14 in Mumbai. He was 75. Roy was known within the group by the honorific Saharasri.
Sahara, once the sponsor of India's national cricket team, had been embroiled in a battle with market regulator SEBI over repaying billions of dollars to investors who put their money in a bond ...
Saradha Group financial scandal. The Saradha Group financial scandal was a major political scandal caused by the collapse of a Ponzi scheme run by Saradha Group, a consortium of over 200 private companies that was believed to be running collective investment schemes popularly but incorrectly referred to as chit funds [1] [2] [3] in Eastern India.
Aamby Valley City is a township developed by the Sahara India Pariwar on the outskirts of Pune, India. Construction and connectivity [ edit ] The city, founded in 2006, [1] is spread over 10,600 acres (4,300 ha) of hilly terrain in the Sahyadri hills of the Western Ghats .