Friday, August 31, 2012

Sahara have to return Rs.17,400 crore to investors


Supreme Court of India asked Sahara group to return Rs.17,400 crore to investors in group's two companies Sahara India Real Estate Corporation and Sahara Housing Investment Corporation with 15 per cent interest. The court gave permission to SEBI, the investment regulator to attach properties and freeze bank accounts of the two companies if they did not comply with its order. 

No comments:

Post a Comment

Worth reading