Sahara India Pariwar Investor Fraud Case
The Sahara -SEBI case is the case of the issuance of Optionally Fully Convertible Debentures issued by the two companies of Sahara India Pariwar to which Securities and Exchange Board of India had claimed its jurisdiction and objected on why Sahara has not taken permission from it. Details Sahara has claimed that the said bonds are hybrid product, thus do not come under the jurisdiction of SEBI, instead is governed by Registrar of Companies (ROC) under Ministry of Corporate Affairs, from which the two companies of Sahara have already taken permission and submitted the red herring prospectus with ROC before issuing the bonds. SEBI in return ordered Sahara's two companies to stop issuing the said bonds and return money to investors. Sahara contested the case in various courts which eventually came to Supreme Court of India. On 14 June 2012, (during the final hearing of the case), the group had provided details of its financials up to 30 April 2012. While the court reserved its o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sahara India Pariwar
Sahara India Pariwar (''pariwar'' being Hindi for "family") is an Indian conglomerate headquartered in Lucknow, Uttar Pradesh, India. The group operates business sectors such as finance, infrastructure & housing, real estate, sports, power, manufacturing, media & entertainment, health care, life insurance, educational institute, offline online education (edunguru), retail, E-commerce (online/offline shopping), electrical vehicle (sahara evols), hospital, artificial intelligence, hospitality, and co-operative society. The group has been a major promoter of sports in India and was the title sponsor of the Indian national cricket team, Indian national hockey team and Bangladesh national cricket team, Force India Formula One team among many other sports. Businesses Sahara India Pariwar was founded by Subrata Roy Sahara in 1978. In 2004, Sahara group was termed by the ''Time'' magazine as 'the second largest employer in India' after the Indian Railways. The group operates more ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Allahabad High Court
Allahabad High Court, officially known as High Court of Judicature at Allahabad, is the high court based in the city of Prayagraj, formerly known as Allahabad, that has jurisdiction over the Indian state of Uttar Pradesh. It was established on 17 March 1866, making it one of the oldest high courts to be established in India. High court Seats History Allahabad became the seat of Government of North-Western Provinces and a High Court was established in 1834 but was shifted to Agra within a year. In 1875 it shifted back to Allahabad. The former High Court was located at the Accountant General's office at the University of Allahabad complex. It was founded as the High Court of Judicature for the North-Western Provinces at Agra on 17 March 1866 by the Indian High Courts Act 1861 replacing the old Sadr Diwani Adalat. Sir Walter Morgan, Barrister-at-Law and Mr. Simpson were appointed the first Chief Justice and the first Registrar respectively of the High Court of North-Wes ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tihar Jail
Tihar Prisons, popularly known as Tihar Jail, are a prison complex in India and are one of the largest complexes of prisons in India. There are 9 functional prisons spread over more than 400 acres. Run by Department of Delhi Prisons, the prison contains nine central prisons, and is one of the three prison complexes in Delhi. The other two prison complexes are at Rohini Sub City, Rohini and Mandoli, Delhi, Mandoli with one and six central prisons respectively. Tihar prison complex is located in Janakpuri, approximately 3 km from Tihar Village, Tihar village in West Delhi. The prison is styled as a correctional institution. Its main objective is to convert its inmates into ordinary members of society by providing them with useful skills, education, and respect for the law. It aims to improve the inmates' self-esteem and strengthen their desire to improve. To engage, rehabilitate, and reform its inmates, Tihar uses music therapy, which involves music training sessions and conc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Fali Sam Nariman
Fali Sam Nariman (10 January 1929 – 21 February 2024) was an Indian jurist. He was a senior advocate to the Supreme Court of India from 1971 and was the President of the Bar Association of India from 1991 to 2010. Nariman was an internationally recognised jurist on international arbitration and was also noted for his impact on constitutional jurisprudence in India. He was honoured with the 19th Lal Bahadur Shastri National Award for Excellence in Public Administration in 2018. He was one of India's most distinguished constitutional lawyers and argued several leading cases. He was the Additional Solicitor General of India from May 1972 to June 1975. Nariman was awarded the Padma Bhushan (1991), Padma Vibhushan (2007) and Gruber Prize for Justice (2002) and was a nominated member of the Rajya Sabha, the Upper House of the Parliament of India for a term (1999–2005). Early life and education Born in 1929 in Rangoon to Parsi parents Sam Bariyamji Nariman and Banoo Nariman, F ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Business Standard
''Business Standard'' is an Indian English-language daily edition newspaper published by Business Standard Private Limited, also available in Hindi. Founded in 1975, the newspaper covers the Indian economy, infrastructure, international business and trade, information on financial quotations, corporate governance, and a range of other financial news, opinions and insights. The main English-language edition comes from 12 regional centres: Mumbai, New Delhi, Kolkata, Bengaluru, Coimbatore, Chennai, Ahmedabad, Hyderabad, Chandigarh, Pune, Lucknow, Bhubaneswar, and Kochi, and reaches readers in over 1,000 towns and cities across India. History The newspaper's initial owner had been the Kolkata-based ABP Group. Circulation was rising, but losses were rising, possibly to above Rs 50 crore, and ABP could not support it. ABP hoped that the government would allow the ''Financial Times'' to take an equity stake in Business Standard Limited and bring in funds. In 1997, ''Business Ti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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India Today
''India Today'' is a weekly Indian English-language news magazine published by Living Media, Living Media India Limited. It is the most widely circulated magazine in India, with a readership of close to 8 million. In 2014, ''India Today'' launched a new online opinion-orientated site called the ''DailyO''. History ''India Today'' was established in 1975 by Vidya Vilas Purie (owner of Thompson Press), with his daughter Madhu Trehan as its editor and his son Aroon Purie as its publisher.Bhandare, Namita"70's: The decade of innocence".''Hindustan Times''. Retrieved 29 July 2012. At present, ''India Today'' is also published in Hindi, Tamil language, Tamil, Malayalam and Telugu language, Telugu. The India Today (TV channel), India Today news channel was launched on 22 May 2015. In October 2017, Aroon Purie passed control of the India Today Group to his daughter, Kallie Purie. On 25 March 2024, Gulf News announced their recent partnership extablished between the platforms, stating ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Hindu
''The Hindu'' is an Indian English-language daily newspaper owned by The Hindu Group, headquartered in Chennai, Tamil Nadu. It was founded as a weekly publication in 1878 by the Triplicane Six, becoming a daily in 1889. It is one of the Indian Newspaper of record, newspapers of record. , ''The Hindu'' is published from 21 locations across 11 states of India. ''The Hindu'' has been a family-owned newspaper since 1905, when it was purchased by S. Kasturi Ranga Iyengar from the original founders. It is now jointly owned by Iyengar's descendants, referred to as the "Kasturi family", who serve as the directors of the holding company. Except for a period of around two years, when Siddharth Varadarajan, S. Varadarajan held the editorship of the newspaper, senior editorial positions of the paper have always been held by members of the original Iyengar family or by those appointed by them under their direction. In June 2023, the former chairperson of the group, Malini Parthasarathy, w ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Daily News And Analysis
The ''Daily News and Analysis'', abbreviated as ''DNA'', is a Hindi-language news program on Zee news that was earlier an English-language newspaper with multiple local city editions across India. ''DNA'' was first launched as a broadsheet newspaper out of Mumbai, Maharashtra, India on 30 July 2005 through a 50:50 joint venture between the Zee Media Corporation and the Dainik Bhaskar group under the company name Diligent Media Corporation Ltd. The newspaper had first launched its outdoor advertising campaign through billboards and placards in Mumbai during early 2005, with the tagline, "Speak Up, It's in Your DNA", which became its catch-phrase over the months. With the announcement of the launch of ''DNA'' came several other rival newspapers by large media conglomerates in the city, including the first-time-ever Mumbai edition of the predominantly north-Indian ''Hindustan Times'' and the ''Times of India''s rival the '' Mumbai Mirror'' newspaper that was later digitised into a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Delhi High Court
The High Court of Delhi ( Hindustani: दिल्ली उच्च न्यायालय; ''dillī uchcha nyāyālaya'') is the high court in Delhi, India. It was established on 31 October 1966, through the ''Delhi High Court Act, 1966.'' Below it are 11 Subordinate Courts that oversee smaller judicial districts. The court gets its powers from Chapter V in Part VI of the Constitution of India. History Established in 1919, the High Court of Judicature at Lahore exercised jurisdiction over the then provinces of Punjab and Delhi. This continued until the Indian Independence Act 1947, establishing the dominions of India and Pakistan. On 15 August 1947 the High Courts (Punjab) Order, 1947 established a new High Court for the territory of what was then East Punjab. The India (Adaptation of Existing Indian Laws) Order, 1947 provided that any reference in an existing Indian law to the High Court of Judicature at Lahore, be replaced by a reference to the High Court of East Punja ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Outlook (Indian Magazine)
''Outlook'' is a weekly general interest English and Hindi news magazine published in India. History and profile ''Outlook'' was first issued in October 1995 with Vinod Mehta as the editor in chief. It is owned by the Rajan Raheja Group. The publisher is Outlook Publishing (India) Pvt. Ltd. It features contents from politics, sports, cinema, and stories of broad interests. By December 2018, ''Outlook'' magazine's Facebook following had grown to over 12 lakh A lakh (; abbreviated L; sometimes written lac) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105). In the Indian 2, 2, 3 convention of digit grouping, it is written as 1,00,000. F ... (1.2 million). Staff Editor Ujjwal Karmakar Editors-in-chief * Vinod Mehta (1995–2012) * Krishna Prasad (2012–2016) *Rajesh Ramachandran (2016–2018) Managing editors * Tarun Tejpal (1995 - March 2000) [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Securities And Exchange Board Of India
The Securities and Exchange Board of India (SEBI) is the Regulatory agency, regulatory body for securities and commodity market in India under the administrative domain of Ministry of Finance (India), Ministry of Finance within the Government of India. It was established on 12 April 1988 as an executive body and was given Statutory body, statutory powers on 30 January 1992 through the Securities and Exchange Board of India Act, 1992, SEBI Act, 1992. History The Securities and Exchange Board of India (SEBI) was first established in 1988 as a non-statutory body for regulating the securities market. Before it came into existence, the Controller of Capital Issues was the market's regulatory authority, and derived power from the Capital Issues (Control) Act, 1947. SEBI became an autonomous body on 30 January 1992 and was accorded Statutory body, statutory powers with the passing of the SEBI Act, 1992 by the Parliament of India. It has its headquarters at the Central business distr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |