What happened, and whether it was fraud on the part of the Sahara Group and its chairman Subrata Roy, is being investigated by multiple agencies. The group has been under probe by the Enforcement Directorate (ED) since 2008. In 2012, with money-laundering allegations added to the mix, the Supreme Court — upholding a Securities and … Read more
MUMBAI: Sebi chairperson Madhabi Puri Buch on Thursday said the Sahara matter will continue for the capital markets regulator even after the death of the group’s founder Subrata Roy.Roy died in Mumbai on Tuesday after a prolonged illness at the age of 75.Speaking to reporters on the sidelines of a Ficci event, Buch said that … Read more
Subrata Roy, the founder and chief of the Sahara Group, passed away at the age of 75 on Tuesday following a prolonged illness. Known for establishing a vast business empire spanning across retail, real estate, and financial services, Roy was embroiled in controversy and faced legal challenges for running Ponzi schemes.Roy’s conglomerate Sahara India Pariwar … Read more
Home Business How Subrata Roy Started Sahara Group With Just Rs 2,000 And Built Business Empire: An Inspiring Story Subrata Roy’s death marks the end of an era for the Indian business landscape, where he was known for his vast empire that spanned various sectors including finance, media, entertainment, and real estate. Subrata Roy created … Read more
LUCKNOW: Subrata Roy, the founder of Lucknow-based Sahara Group, passed away at Mumbai’s Kokilaben Dhirubhai Ambani Hospital and Medical Research Institute (KDAH) at 10.30 pm on Tuesday. He was 75. Roy is survived by his wife Swapna Roy and sons, Sushanto Roy and Seemanto Roy.Born on June 10, 1948, in Araria, Bihar, Roy was a … Read more
Born in Araria, Bihar, on June 10, 1948, Subrata Roy left an indelible mark on the Indian business landscape, building an extensive empire that encompassed diverse sectors such as finance, real estate, media, and hospitality. Subrata Roy Sahara Dies (Image: Reuters) New Delhi: Subrata Roy, the visionary founder of Sahara India Pariwar, passed away on … Read more