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Sahara-Sebi refund: Rs 25,000 crore of Sahara depositors stuck; What is the Consolidated Fund of India

The transfer of unclaimed cash from the Sahara-Sebi Refund Account to the Consolidated Fund of India is being investigated by the government, with the intention of compensating investors who later file claims. ....

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Morning Scan: All the big stories to get you started for the day

A round-up of top newspaper stories to keep you ahead of others ....

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Sahara-Sebi Refund Account: Sahara-Sebi refund account may be transferred to government

The Supreme Court, in 2012, upheld an order by the Securities and Exchange Board of India (Sebi), and directed group entities Sahara India Real Estate Corp and Sahara Housing Investment Corp to refund investors, with interest, depositing the funds with the capital markets regulator. ....

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Sahara-Sebi refund account may be transferred to govt, says report

Sahara-Sebi refund account may be transferred to govt, says report
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Will Government Benefit From Sahara's Rs 25,000 Crore Undistributed Funds?

Sahara Group founder Subrata Roy's death last week brought to focus the undistributed funds of over Rs 25,000 crore lying with the share market regulator for more than a decade. ....

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