Statement from Sahara's lawyer - Mr. Gautam Awasthi

Pertaining to the today’s hearing of Sahara SEBI case there are few points on which we would like to request you to kindly clarify to your esteemed readers/audience 1.             Hon'ble Supreme Court has directed to prepare and submit a plan of the sale of 86 properties of Sahara of which title deeds are already submitted by Sahara. We would also like to clarify that order is not on the other properties of Sahara and neither these 86 properties includes the foreign properties of Sahara nor Aamby Valley City nor Sahara Star hotel. 2.             Hon’ble Supreme Court directed SEBI that in process of selling properties it has to take inputs and consultation with Sahara. 3.             Meanwhile,...

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Statement from Sahara's lawyer - Mr. Gautam Awasthi

Pertaining to the today’s hearing of Sahara SEBI case there are few points on which we would like to request you to kindly clarify to your esteemed readers/audience 1.             Hon'ble Supreme Court has directed to prepare and submit a plan of the sale of 86 properties of Sahara of which title deeds are already submitted by Sahara. We would also like to clarify that order is not on the other properties of Sahara and neither these 86 properties includes the foreign properties of Sahara nor Aamby Valley City nor Sahara Star hotel. 2.             Hon’ble Supreme Court directed SEBI that in process of selling properties it has to take inputs and consultation with Sahara. 3.             Meanwhile,...

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Saharasri Subrata Roy Sahara’s book – ‘Life Mantras’ remains in top 5 for the last 4 weeks in the bestseller chart of Nielsen

Lucknow, March 21, 2016: ‘Life Mantras’ – An exhaustive and thought provoking treatise by Shri Subrata Roy Sahara, Managing Worker & Chairman, Sahara India Pariwar, on his life-time experiences, observations as well as his insights on the day-to-day issues of people, has been in the top 5 in the bestseller chart of Neilsen for 4 consecutive weeks. According to Nielsen, bestseller list, last week, ‘Life Mantras’ topped the chart by ranking number one and has become bestseller in the non-fiction category of Nielsen BookScan. The book ‘Life Mantras’ is published by Rupa Publications. The Nielsen BookScan service, which happens to be the world’s largest continuous book sales tracking service operating in India, the UK, Ireland, Australia, US, South Africa, New Zealand, Italy, Brazil and...

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Criticise nation but logically

In the wake of JNU incident, The Nationalism & Freedom of speech debate has been tossed around a lot. Sahara Chief Subrata Roy accurately points out the chinks in the armour of the debate, giving the issue a realistic reflection. ...

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The Subrata Roy case: What’s happening to the billionaire who couldn’t get away?

The nationwide bust up over how a certain liquor baron made bankers kiss dirt, walking away with bagful of cash through a VIP channel, possibly to an undisclosed city in Europe, is making headlines and triggering breaking news almost every day now. But questions need to be raised about the curious case of billionaire Subrata Roy who paid loads of cash to the market regulator and last week completed two years behind bars in Delhi's maximum security prison. Roy, who recently wrote a tome on his life experiences, is now called a philosophical author by many . Jokes apart, someone seriously needs to scrutinise the case again, especially at the way the Securities and Exchange Board of India (SEBI) handled it and the way Sahara group demonstrated considerable resilience. A...

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