Sahara group Chief not refunding investors money despite SC order
21 02 2014
Supreme Court has taken serious view of the Sahara group not
refunding 20,000 crore rupees of investors money despite its order.The Apex Court has asked Sahara chief Subrata Roy to be personally present before it and allowed SEBI to go ahead with the sale of companies’ properties.
A bench of Justices K S Radhakrishnan and J S Khehar also directed three directors of Sahara group companies to appear before the court on the 26th of this month. The bench also asked SEBI to sell the properties of the group whose sale deeds were handed over to the market regulator to recover the money. It said, SEBI can put those properties on auction and get the money. The apex court in its judgement of August 31, 2012, had directed SEBI to attach properties and recover the money.
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HRH Prince Harry drives new Jaguar F-TYPE Coupe
21 02 2014
Tata Group @TataCompanies
HRH Prince Harry drives new Jaguar F-TYPE Coupe at charity event http://bit.ly/1gZCRG9 pic.twitter.com/cEFlV0PlFi
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Telangana bill passed
21 02 2014
Andhra Pradesh Reorganisation
Bill has been passed by Parliament with Rajya Sabha, approving it by
voice vote. The Lok Sabha had passed it on Tuesday. CPM staged a
walk-out in the Rajya Sabha as its demand for voting was not accepted.
The main opposition BJP said though it was not fully satisfied with the
provisions of the Bill, it is extending support to it in the interests
of people of Telangana. All the amendments moved by the opposition
parties including BJP were negated. However, TMC members who were
against the Bill, did not press for their amendments.
Intervening in the discussion the Prime Minister Dr Manmohan Singh announced to grant special Category Status to 13 districts of
Seemandhra for a period of five years to put the state’s finances on a
firmer footing. He assured the House that the Centre will execute the
Polavaram multi purpose project and will make any further amendments if needed for Rehabilitation and Resettlement under the project. The Prime Minister said the resource gap that may arise in Seemandhra after state division in the first year will be compensated in the Regular Union Budget for 2014-15.
Seemandhra for a period of five years to put the state’s finances on a
firmer footing. He assured the House that the Centre will execute the
Polavaram multi purpose project and will make any further amendments if needed for Rehabilitation and Resettlement under the project. The Prime Minister said the resource gap that may arise in Seemandhra after state division in the first year will be compensated in the Regular Union Budget for 2014-15.
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