Stay updated with the latest sahara-india-pariwar news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on sahara-india-pariwar topics.
The Supreme Court has sought responses from the Centre, SEBI, and other stakeholders on Sahara India Commercial Corporation Ltd's plea to sell 88 prime properties to Adani Properties. The court ordered the Ministries of Finance and Cooperation to be made parties and requested the amicus curiae to collate details of the properties, including any disputes. New Delhi, The Supreme Court on Tuesday sought the response of the Centre, the Securities and Exchange Board of India (SEBI) and other stakeho ...Read More >
New Delhi: There is good news for investors of Sahara India. After a directive from the Supreme Court, the Central Government has started the process of refunding money to the depositors of Sahara Group's 4 cooperative societies. This move has brought smiles back to the faces of lakhs of investors who had been waiting for years to get their money back. Which Sahara Societies Are Covered? The government is returning money to investors who deposited funds in the following Sahara cooperative soci ...Read More >
Lucknow, Oct 8 (UNI) The Lucknow bench of the Allahabad High Court today heard a petition filed by Sahara India Commercial Corporation Limited against the Lucknow Municipal Corporation's action on Sahara City. The Lucknow bench, expressing the need for further consideration, summoned the Uttar Pradesh government and the Municipal Corporation to respond by October 30. The High Court also ordered the relocation of cattle within Sahara City to Kanha Upvan and proper care thereof. ...Read More >
Lucknow Municipal Corporation sealed Sahara Shaher for alleged lease norm violations, stating the 30-year lease expired in 2024 without development. Sahara India disputes this, claiming significant investment and development, citing ongoing legal disputes and an operative stay order from civil court. The group has moved the High Court against the civic body's actions. LUCKNOW: The Sahara Shaher in Lucknow's posh Gomti Nagar that once dazzled with glitterati was sealed by municipal authorities o ...Read More >
Lucknow: Lucknow Municipal Corporation has begun sealing 170 acres of land in Gomtinagar, including the iconic Subrato Kothi belonging to the Sahara Group. Boards declaring the area sealed have been installed on the premises.The action follows a detailed inquiry led by Municipal Commissioner Gaurav Kumar, which found multiple violations of licence and lease agreements. The land, allotted to Sahara India Housing Limited in 1994 for residential and green belt development, was supposed to be develo ...Read More >
The Sahara India Commercial Corporation Ltd (SICCL) has moved the Supreme Court for permission to sell various properties, including Amby Valley in Maharashtra and Sahara Shahar in Lucknow, to Adani Properties Pvt Ltd. SICCL has sought the top court's permission "..to outright sell various properties belonging to the Sahara Group to Adani Properties Private Limited, for the consideration and on the terms and conditions as set out in the term sheet dated September 6, 2025." The plea is likely t ...Read More >
New Delhi, Sep 29 (PTI) The Sahara India Commercial Corporation Ltd (SICCL) has moved the Supreme Court seeking its permission to sell various properties, including Amby Valley in Maharashtra and Shahara Saher in Lucknow, to Adani Properties Private Limited. The plea, which was mentioned for hearing recently, would likely come up on October 14. Seeking the permission, the plea filed through advocate Gautam Awasthi, said, "..to outright sell various properties belonging to the Sahara Group to A ...Read More >
The Sahara India Commercial Corporation Ltd (SICCL) has petitioned the Supreme Court for permission to sell its properties, including Ambey Valley and Shahara Saher, to Adani Properties. Following the death of Sahara Group's chief, this sale aims to satisfy investor claims and settle outstanding liabilities despite market challenges. The Sahara India Commercial Corporation Ltd (SICCL) has approached the Supreme Court seeking authorization to sell significant properties like Amby Valley and Shah ...Read More >
Bangalore Gold Rate Today: Shattering all hopes of retail jewellery buyers of some relief amid the ongoing Navratri festival, gold rates in Bangalore, and other Indian cities broke another record on Monday, September 29. The price of gold in Bangalore, aka Bengaluru, witnessed a sharp surge bringing 24 karat gold Rs 16,000 above the historic Rs 1 lakh mark. The gold price rally in Karnataka capital mirrored the surge in gold rate in India and across the world. The sharp rally in precious metal ...Read More >
Kolkata, Sep 15 (SocialNews.XYZ) The Enforcement Directorate (ED), Kolkata, on Monday, alleged that a number of Sahara Group assets, which were acquired out of the deposits collected from the public, were being disposed of in a clandestine manner via cash transactions, said the agency in a statement. The central investigation agency filed a charge sheet in the matter before a special Prevention of Money Laundering Act (PMLA) court in Kolkata on September 6. It named Anil V Abraham and Jitendra ...Read More >
New Delhi: The Enforcement Directorate (ED) on Monday alleged that a number of Sahara Group assets, which were acquired out of the deposits collected from the public, were being disposed of in a "clandestine" manner via cash transactions. The federal probe agency filed a chargesheet in the matter before a special Prevention of Money Laundering Act (PMLA) court in Kolkata on September 6. It named Anil V Abraham and Jitendra Prasad Verma, both arrested in the case by the ED and presently lodged ...Read More >
New Delhi, Sep 15 (PTI) The Enforcement Directorate (ED) on Monday alleged that a number of Sahara Group assets, which were acquired out of the deposits collected from the public, were being disposed of in a "clandestine" manner via cash transactions. The federal probe agency filed a chargesheet in the matter before a special Prevention of Money Laundering Act (PMLA) court in Kolkata on September 6. It named Anil V Abraham and Jitendra Prasad Verma, both arrested in the case by the ED and pres ...Read More >
New Delhi [India], July 16 (ANI): The Indian government expressed regret on Tuesday over the reported demolition of the ancestral property of celebrated filmmaker and writer Satyajit Ray in Mymensingh, Bangladesh and expressed its willingness to extend cooperation in its restoration. "We note with profound regret that the ancestral property of noted filmmaker and litterateur Satyajit Ray in Mymensingh, Bangladesh, belonging to his grandfather and eminent litterateur, Upendra Kishor Ray Chowdhur ...Read More >
New Delhi (ABC Live): SEBI has introduced the VCF Settlement Scheme 2025 to help Venture Capital Funds (VCFs) that face challenges in liquidating investments on time. Many VCFs have struggled to wind up schemes within their original tenure. As a result, SEBI created a migration route to the Alternative Investment Funds (AIF) framework. This migration provides an extra one-year window to complete liquidation and winding up. The scheme is valid from July 21, 2025, to January 19, 2026. VCFs that h ...Read More >
Varanasi: A huge congregation of pilgrims and kanwariyas gathered in Kashi a day ahead to offer 'jalabhishek' at Kashi Vishwanath Temple on the first Monday of Shravan. The barricaded area in the vicinity of Kashi Vishwanath Dham was occupied by pilgrims by Sunday evening to ensure early entry into the temple.Apart from enforcing traffic diversions and crowd regulation exercises, officials ensured activation of all kanwariyas camps. District administration announced closing of schools up to clas ...Read More >
Kolkata: ED on Saturday arrested two persons for their alleged role in money laundering by the Sahara Group. The accused -- Vailaparampil Abraham and Jitendra Prasad Verma -- played a "key role" in the money laundering process, the agency said. They have been remanded in ED custody till July 14.Abraham allegedly facilitated the sale of Sahara Group properties and helped to stash "substantial unaccounted" cash. Verma was also "actively involved" in executing several of these property transactions ...Read More >
New Delhi: The Enforcement Directorate (ED) on Sunday said it has arrested two persons, an executive director of Sahara Group chairman's core management team and a long-time associate of the group cum property broker, as part of a money-laundering probe against the Sahara Group and its linked entities. The individuals taken into custody have been identified as Vailaparampil Abraham and Jitendra Prasad Verma, respectively. Abraham played a "key role" in coordinating and facilitating the sale of ...Read More >
New Delhi, July 13 (SocialNews.XYZ) The Enforcement Directorate on Sunday said that it has arrested two persons in probe against the Sahara Group over money laundering case, which included Anil Vailaparampil Abraham, Executive Director of Sahara Group's Chairman Core Management (CCM) Office, and Jitendra Prasad Verma, a long-time associate and property broker of the conglomerate. The arrests were made by ED's Kolkata zonal branch in connection with the money laundering probe against the Sahara ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.