Sahara's point of view on Sebi's Chairman, Mr. U.K. Sinha's recent comment

Countering the allegations made by SEBI Chairman on the OFCDs raised by it, Sahara said in a public notice that the statement made by Mr. Sinha is irresponsible and incorrect. It further said, “Since beginning SEBI's actions have been taken with the agenda to cause harm to Sahara through Media Trial." Sahara recalled that when it promoted OFCDs for the first time in 2001, it had obtained a written permission for its OFCD issue from the Registrar of Companies (RoC) Kolkata under the Ministry of Corporate Affairs way back in 2001 and under Sec 60B (9) of the Companies Act, submitted prospectus to the same Registrar (filing the return) with the details of around 1.87 crore investors with their names, addresses and amounts raised etc. Sahara is being accused of violating the...

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Sahara India Pariwar picks Lucknow Franchisee of “Indian Badminton League”

Lucknow, July 16, 2013: Sahara India Pariwar, a major business conglomerate and the prime promoter & patron of sports in India, has created another milestone today by announcing to become one of the prime franchisee of the ‘Indian Badminton League’ (IBL), which is to be started by Badminton Association of India (BAI). The Indian Badminton League (IBL) will comprise of 6 teams which will play amongst each other. This will have Indian as well as foreign players. Sahara India Pariwar, will be the owner of the Lucknow franchise. Moreover, by taking up this franchisee, Sahara India Pariwar intends to encourage young talents of this great game of skill and energy, thereby giving them a platform to nurture their skills under the supervision of talented sportsmen. Speaking on the occasion,...

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Saharasri Subrata Roy Sahara receives Honorary Doctorate of Business from University of East London

University of East London has 28000 students London, July 09, 2013: In a special ceremony of the University of East London on Sunday, at the Crowne Plaza Hotel in central London, before an audience consisting of University of East London (UEL) staff, governors and students; and a number of distinguished guests from industry, political life and sport along with members of Sahara family, Saharasri Subrata Roy Sahara, Managing Worker & Chairman, Sahara India Pariwar, has being conferred with the award of Doctor of Business honoris causa. Professor Lord Patel of Bradford said in his citation that, "Saharasri Subrata Roy Sahara is...

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Sahara India Pariwar continues its incessant relief work in Uttarakhand

Today additional relief material dispatched to the Guptkashi and Laksar for more than 20,000 people ·         Till now over 5000 people of remote areas have benefited from free medical aid by Sahara   ·         Ready to eat food packets, safe drinking water, solar lanterns, blankets, bleaching powder and chlorine tablets are being provided free of cost   Lucknow, July 1, 2013: Sahara India Pariwar, a major business conglomerate of India as a part of its continues endeavors to provide relief to the flood victims of Uttrakhand...

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