Sebi orders attachment of bank, demat accounts of Sahara group firm, Subrata Roy, others

Sebi orders attachment of bank, demat accounts of Sahara group firm, Subrata Roy, others

New Delhi, Sebi on Monday ordered the attachment of bank and demat accounts of Sahara Group firm, its chief Subrata Roy and others to recover Rs 6.42 crore for violating regulatory norms in the issuance of optionally fully convertible debentures (OFCDs). The recovery proceedings against five entities — Sahara India Real Estate Corporation (now known … Read more

EPFO raised demand of Rs 33.97 cr from Sahara Group companies, matter sub-judice: Rameswar Teli

EPFO raised demand of Rs 33.97 cr from Sahara Group companies, matter sub-judice: Rameswar Teli

The Employees Provident Fund Organisation has raised a demand of Rs 33.97 crore from the Sahara Group companies and the matter is now sub-judice, state labour and employment minister Rameswar Teli said in response to a question in the Lok Sabha on Monday. “A demand for an amount of Rs 33, 97, 30,000 has been … Read more