ISBN 9788184955460,Sahara : The Untold Story

Sahara : The Untold Story

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ISBN 9788184955460
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ISBN 9788184955460
Publisher

Jaico Publishing House

Publication Year 2014
ISBN-13

ISBN 9788184955460

ISBN-10 8184955464
Binding

Paperback

Number of Pages 388 Pages
Language (English)
Subject

Business

Everything you wanted to know about Subrata Roy and Sahara India Pariwar, but were afraid to ask.

Sahara - The Untold Story is based on painstaking research to demystify Indias most secretive and largely unlisted conglomerate, the Sahara India Pariwar. It also delves into the groups ongoing legal battle with the market regulator.

Entrepreneur Subrata Roy, the guardian angel of the group, whose feet are touched by everybody in the Pariwar, wants to reach out to a million lives and feels impeded and shuttered in by regulations. So the clash with the regulators was inevitable. But when a regulator slams one door, maverick Roy opens another. This play has been on since 1978, when Sahara was set up.

Roy is well known for glamour and his association with film stars, cricketers and politicians. He exudes patriotism, with a statue of Bharat Mata (the presiding deity of the group) on a chariot driven by four fierce-looking lions adorning his headquarters in Lucknow. He is the Robin Hood of a country where only 35% of the adult population has access to formal banking services. This India and its millions of illiterate poor depositors stand in awe and admiration of him. But does he also exploit them? Do these poor people actually keep money with him or are they fronting for others?

Excerpt from the Sahara India Pariwar Disclaimer

The book at best can be treated as a perspective of the author with all its defamatory content, insinuation and other objections, which prompted us to exercise our right to approach the court of law in order to save the interest of the organisation and its crores of depositors and 12 lakh workers.

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