Sahara pins hopes on Rs 24,000 crore lifeline

The Subrata Roy-helmed group’s immediate fortunes hinge on getting back the money lying with SEBI. A delay could turn into a disaster.

05 October, 202114 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Business
Story image

An uneventful Reliance AGM that could not have been otherwise

Everyone seems to be disappointed with the company’s annual general meeting. With hands full and businesses that need further nurturing, this was not the time for big-bang announcements. And so it was.

Business
Story image

The other challenge that Rajiv Anand faces at IndusInd Bank

High levels of attrition, a leadership coterie and allegations of a toxic work culture combine to give the new CEO an HR headache—one that he must tackle with little help from the RBI.

Economy
Story image

Are minimum balance rules out of sync with modern banking?

ICICI Bank’s steep hike in minimum balance requirements and subsequent U-turn raise questions about whether these rules can and should endure.