The unexpected rains, which meteorologists are calling an extratropical storm, may change the course of the region's weather in months and years to come as the air retains more moisture, causing more evaporation and drawing more storms.
As of March 31, the total amount recovered from the group and deposited in the state-run banks was Rs 25,163 crore, after Rs 138 crore was paid to 17,526 applications involving 48,326 accounts, according to a report.
Spain's weather service described the dust storm from the Sahara as “extraordinary and very intense,” while adding that it was unclear if it was the worst episode of its kind on record. Spain issued extremely poor air quality ratings for Madrid and a large swath of the country as the national air quality index qualified as “extremely unfavourable” — its worst rating — the capital and large parts of the southeast coast.
South Africa’s central bank has seized over USD 1.3 million from a bank account of the now-abandoned Gupta family-owned Sahara Computers, which was one of the country’s leading IT suppliers.
The National Consumer Disputes Redressal Commission has directed Doctors Sandeep Agarwal and Muffazal Ahmed to pay Rs 20 lakh and Rs 10 lakh, respectively, to Gyan Mishra of Lucknow, who died during pendency of the consumer complaint.
The order, which also bars the company, Sahara India Commercial Corporation Ltd (SICCL), as well as its then directors and associated entities from the markets and from associating with any public entity, relates to collecting funds between 1998 and 2009 from nearly 2 crore investors through issuance of certain bonds.
Snow has fallen in the Sahara, covering desert dunes in a layer up to 16 inches deep.
The Supreme Court also asked the Bombay High Court Official Liquidator to ensure auctioning Sahara's Pune-based Aamby Valley property.
Two potential bidders are believed to have shown initial interest for Sahara group's Aamby Valley resort town.
The payment of Rs 552 crore is the second instalment by the Sahara Group as part of the Rs 2,000 crore assurance given to the top court by Subroto Roy on April 27
Supreme Court today directed the Sahara Group to deposit Rs 5092.6 crore by April 7 in the SEBI-Sahara account to keep its chief Subrata Roy out of jail.
Supreme Court on Thursday directed Sahara Group chief Subrata Roy to deposit Rs 600 crore before the Securities and Exchange Board of India by February 6 or go to jail.
Important stories of the day
The Supreme Court today extended the interim parole of Sahara chief Subrata Roy and directed him to deposit Rs 600 crore before till February 6, 2017.
The Supreme Court on Wednesday extended the interim parole of Sahara chief Subrata Roy till October 24 and asked him to deposit another Rs 200 crore by that time. A bench of Chief Justice
In a slight relief for Subrata Roy, the Supreme Court today extended the parole of Sahara chief till September 23, granted to him in May on humanitarian grounds after his mother passed away. The parole
Finding it difficult to fathom that Sahara paid back an amount as large as Rs 18,000 crore in such a short notice, the Supreme Court has asked the company to specify the source of the
Sahara chief Subrata Roy on Friday informed the Supreme Court of his willingness to pay an additional Rs 300 crore with market regulator Securities and Exchange Board of India (SEBI) which should be adjusted with
News in Nutshell: Important stories of the day
The Subrata Roy-led Sahara group has rejected an offer for USD 1.3 billion or Rs 8,710 crore for its three prized overseas hotels, terming it a "devious attempt" to lower the price and disturb the
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