Tag: Securities And Exchange Board Of India

Sahara Buys another Piece of Land in Bangalore

May 3, 2013 – 6:27 pm

Sahara Group has recently bought a land parcel in Bangalore. The deal was fixed at price worth Rs.149 Cr, said sources with direct knowledge. Even when they are daily tortured by the SEBI, the Sahara group thinks of only expansion. The group seems least worried about their attached properties and the huge number of cases […]

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SEBI request SC to hear on all Sahara Cases

May 2, 2013 – 6:35 pm

SEBI recently has requested Supreme Court to hear all the cases against Sahara. The market regulator demanded that all cases must be transferred to the apex court for its hearing. Securities and Exchange Board of India continues to be aggressive against Sahara firms. Recently SEBI has requested the Supreme Court to hear all cases against […]

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Supreme Court asks Sahara firms, Roy to reply SEBI

April 26, 2013 – 6:35 pm

Supreme Court has asked two Sahara firms and the group head Subrata Roy to answer the market regulator SEBI in a week. After hearing the contempt petition submitted by SEBI, Supreme Court has ordered two Sahara firms and the chairperson and managing worker of Sahara Group Subrata Roy to reply the petition of SEBI within […]

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SAT to hear the pleas of Sahara chief & others against SEBI

April 15, 2013 – 5:08 pm

The pleas of Subrata Roy Sahara and three others against the market regulator SEBI will be heard by Securities Appellate Tribunal (SAT). Securities Appellate Tribunal will hear the pleas submitted by Sahara Chief Subrata Roy. Along with Roy, three other top executives also have pleaded against SEBI in front of SAT.

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Dealings with Sahara? SEBI Warns the Public

February 25, 2013 – 5:33 pm

After attaching the properties and the freezing their accounts, The Securities and Exchange Board of India (SEBI) asked the people not to enter into any dealings with the Sahara group. A couple of weeks back, SEBI attached the properties of two Sahara Group firms. The attached properties include both movable and immovable properties. Failing to […]

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Indian Realty Sector in need of Regulation

December 8, 2010 – 11:18 am

The realty sector probably has the maximum rate and volume of investments and the number of investors. In contrast to the various Securities and Exchange Board of India regulations aiming to protect the capital market investors, real estate development regulation has mostly been neglected. Current scenario holds that the Indian developers buy land; obtain clearances […]

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Indian regulator allows fund houses to start real estate mutual funds

April 26, 2008 – 8:55 am

MUMBAI – Indian market regulator, the Securities and Exchange Board of India (SEBI), said it has amended the regulations to allow domestic fund houses to start real estate mutual funds (REMF) in the country. In a release, the regulator said however that existing mutual funds have to fulfill certain conditions, such as having an sufficient […]

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