Sahara: The Untold Story by Tamal Bandopadhyay

Sahara: The Untold Story

By Tamal Bandopadhyay

Publisher: Jaico Publications


Binding : Paperback

Condition: New


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Rs. 383

MRP

Rs. 450

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Rs. 67 (15%)

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Delivery Cost

40.00

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5 to 7 Working Days


Details on Sahara: The Untold Story

Sahara Group, the second largest employer in India, is embroiled in a legal battle with the regulators. Two of its firms are under a strict directive from the Supreme Court of India to refund all money that it had collected in the form of deposit or debentures to all its depositors within 3 months. Sahara : The Untold Story is a highly illustrated, anecdotal account of the biggest crisis ever for this corporate giant, how it originated in the first place and, years later, how and why they are wrapped up in the same kind conflict once again. Two of the Sahara group of companies are impeached by the Supreme Court of India with violation of regulatory norms by selling off public debentures and raising money. They are under a deadline of 3 months to refund all the money to their investors. The group has a history of a tussle with the income tax department as well. In 1996, IT charged them to furnish all details pertaining to a list of 100 MLAs, MPs, and eminent dignitaries, who were supposedly depositing mammoth amounts of black money with them. What followed was a string of ultimatums from the IT department to Sahara, and Sahara group forefending their strikes every time with all the possible excuses. What is more intriguing and equally amusing is that such a corporate giant does not have all details of its depositors. There are myriad instances, vividly picturing each and every detail of this debacle, capturing even the subtle nuances of the complicated battle, in this book. Sahara : The Untold Story is an insight into the powerful corporate giant, revealing some unheard and buried secrets.

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Author:

Tamal Bandopadhyay

Publisher:

Jaico Publications

ISBN 10:

8184955464

ISBN 13:

978-8184955460

Publication Year:

2014

Book Type:

Paperback

Book Edition:

1st

Delivery Time:

5 to 7 Working Days


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Sahara: The Untold Story

Sahara: The Untold Story

Sahara Group, the second largest employer in India, is embroiled in a legal battle with the regulators.

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