SAHARA FORCE INDIA
Quote of the day by Ibn Battuta: 'Traveling - it gives you home in thousand strange places, then leaves you a stranger in...' - The Moroccan explorer’s timeless wisdom about how travel can transform your perspective, challenge your sense of belonging and change the way you see home
Quote of the day by Ibn Battuta: Moroccan scholar Ibn Battuta traveled the world for nearly three decades, transforming his initial pilgrimage into an epic exploration of diverse societies. His vivid documentation of different cultures and locations culminated in his influential work 'Rihla'. This remarkable journey underscores the essential role of travel in expanding perspectives and enhancing our appreciation for global diversity.
ED attaches Aamby Valley in Lonavala in case against Sahara Group
The Enforcement Directorate has attached Aamby Valley City, worth Rs 1,460 crore, as part of a money laundering investigation against the Sahara Group. The agency alleges the land was purchased under "Benami" names using funds diverted from Sahara entities. The case stems from over 500 FIRs alleging investors were cheated through a Ponzi scheme involving high returns and forced re-deposits.
US imposes sanctions on over a dozen companies, three from India for trade and ties with Iran
The United States imposes sanctions on companies, individuals, and vessels, including three from India, for aiding Iranian military's illicit UAV transfers. Sahara Thunder, linked to Iran's military, utilizes India-based companies like Zen Shipping and Port India Private Limited for its operations. These sanctions target entities involved in facilitating clandestine sales of Iranian UAVs to Russia for its war in Ukraine. The US Treasury emphasizes the need to counter Iran's destabilizing actions, coordinating efforts with allies to combat such financing activities.
From Lambretta to aeroplanes to Tihar: The incredible life of Subrata Roy
A tycoon of the masses, so to speak, Subrata Roy found his fortune by inserting himself in the huge financial gaps of India of the eighties when banking had not reached the large swathes of the country's interiors and played in the twilight zones of regulation of those times.
SFIO probing Sahara Q Shop after govt received 744 complaints: Minister
To a query on whether the government has received several complaints against Sahara Q, Minister of State for Finance Pon Radhakrishnan replied in the affirmative.
Mallya was happily tweeting about his F1 team before his arrest
Mallya, who is team chief of Sahara Force India, looked excited about the return of Alfonso Celis, Driver for Force India.
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Sahara to sell Formula One stake, other properties
The court had ordered the group to pay Rs 24,700-odd crore to the Securities and Exchange Board of India to distribute to investors in two Sahara schemes that the regulator had found illegal.
Supreme Court asks Sahara to deposit Rs 5092.6 crore to keep Subrata Roy out of jail
He said the SEBI had tried to auction some of the properties mentioned in the list but it was unsuccessful and suggested that an e-auction could be done.
Wanted Vijay Mallya appears in UK for launch of F1 car
Mallya has been on the radar of the Indian agencies for a long time now and the government has been in talks with the UK government for his extradition.
Sahara seeks SC nod to sell F-1 team to raise funds
The beleaguered Sahara group is finding it difficult to sell its properties to raise Rs 10,000 crore to secure bail for its chief Subrata Roy.
Bernie Ecclestone should un-crap the Formula One with help from teams: Vijay Mallya
F1 czar Bernie Ecclestone should "uncrap" the Formula 1 with the help of all the teams that compete in it, Sahara Force India boss Vijay Mallya said.
Sahara Force India miss Q3 again
The team can hope for some points tomorrow as it had secured a double points finish at the season opener in Melbourne with Hulkenberg and Perez finishing seventh.
Sahara Force India finally confirm new car plans
Force India missed the first test in Jerez before running their 2014 car in the second test held at the Circuit de Catalunya.
Vijay Mallya says Sergio Perez set to stay at Force India with 'Hulk
Sahara Force India boss Vijay Mallya today confirmed that the team will retain its current driver line-up for the 2015 Formula One season by giving Sergio Perez an extension.
Sahara staff offer to collect Rs 5,000 cr for Subrata Roy's release
In a fresh dramatic twist to the Sebi-Sahara saga, an innovative idea was today floated for collection of at least Rs 1 lakh each from Sahara employees.
Daniel Juncadella debuts in F1 pre-season test for Sahara
Spanish driver Daniel Juncadella made his Force India debut in the opening Formula 1 pre-season test as the team wrapped up its first week of trial, here.
Supreme Court orders Sahara to reveal source of Rs 19k-crore cash inflow
Sahara Group chief Subrata Roy will not be allowed to leave the country with the SC refusing to relax its order restraining him from going abroad.
Sahara Force India inks technical partnership with Motegi Racing
Sahara Force India announced a new technical partnership with Motegi Racing, a high performance wheel brand.
Good homework is must before new season: Nico Hulkenberg
A day after his return to Sahara Force India, Nico Hulkenberg today insisted on doing a good 'homework' before the 2014 season, which will mark beginning of a new era in Formula One due to change in regulations.
SC issues contempt notices to two Sahara companies over refund of Rs 24000 crore
The SC has asked Sahara India to explain by Tuesday why it failed to comply with its order to refund 24,000 crore collected from investors.
Vijay Mallya rues display of wealth, takes jibe at rich politicians
Liquor baron Vijay Mallya on Saturday said he has learnt the hard way that wealth should not be displayed in India, and that it is better to be a multi- billionaire politician in the country.
Kingfisher Airlines' management meets striking employees
In a bid to prevent any protests by striking Kingfisher Airlines staffers during the upcoming Formula One motor racing, the management top brass today met the agitators in Delhi.
Big blow for Sahara as Supreme Court orders group to refund Rs 17400 crore to investors
SC ordered the Sahara conglomerate to refund more than Rs 17400 crore to investors with 15% interest on their deposits.
India's global image has taken a beating, says Vijay Mallya
KFA may have landed into all kinds of troubles, but Vijay Mallya thinks that India's image as an investment destination has taken a beating.
Sahara Group not bailing out Kingfisher Airlines: Vijay Mallya
With banks asking Kingfisher Airlines promoters to infuse fresh equity worth Rs 800 to Rs.1,000 crore, Mallya is in talks with various investors.
United Breweries joins F1 bandwagon to promote Kingfisher beer
"The idea is to leverage Force India for brand Kingfisher," UBL Senior Vice-President Samar Singh Sheikhawat said.
United Breweries joins F1 bandwagon to promote beer brands
United Breweries Ltd (UBL) has planned a host of activities during the event to promote its beer brands and catch consumer attention.
Force India: UB Group shares rally on stake sale in Force India
Shares of UB Group companies such as United Breweries, Kingfisher Airlines, United Breweries Holdings and McDowell Holdings rallied by up to 10 per cent on the BSE today.
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