Sahara group claims to create 56,000 jobs

February 2, 2014

Sahara_groupNew Delhi, Feb 2: Sahara group, whose legal battle with SEBI continues in Supreme Court over refund of over Rs 20,000 crore to investors, has made a surprise announcement of plans being afoot to hire over 56,000 new employees this year along with investments to the tune of nearly Rs 32,400 crore.

In three-page newspaper advertisements, the group has invited applications for senior positions across business verticals within and outside country and said that these more than 56,000 new jobs need to be filled by the end of 2014.

At the same time, it has also claimed that the group, which calls itself Sahara India Parivar, is “committed to creating four lakh salaried positions in next three years.”

The businesses for which job applications have been invited include FMCG & retail, dairy, poultry, luxury real estate and lifestyle, food factory, low-cost housing, CSR, education and even cruises (Sahara Water Homes).

Besides job details, the group also disclosed specific investment targets for at least four business verticals and these investments total to an amount of Rs 32,394 crore.

For its "Luxury Retail: Sahara Global Mastercraft Ltd" business, the group said that an investment of Rs 1,400 crore would be made over five years, while Rs 5,172 crore would be invested in Food & Beverages and Entertainment: QSR (Quick Service Restaurants).

Its "International Business: Macedonia (Europe)" business is expected to see an investment of Rs 13,922 crore in dairy project and Rs 9,600 crore in hospitality project.

Further, healthcare would seen an investment of Rs 2,300 crore for 5-7 years, according to the public notice.

The group also claimed a huge asset base with a market value of “Rs 1,52,518 crore” and a land bank of 36,631 acres.

This massive recruitment drive comes at a time when the group is caught in a legal battle with SEBI, which had charged it of raising over Rs 24,000 crore through various “illegalities” in issuance of certain bonds through two firms.

These two firms — Sahara India Real Estate Corp Ltd (SIREC) and Sahara India Housing Investment Corp Ltd (SHIC) — were asked to refund the money to investors, while the Supreme Court also asked the group to comply with SEBI orders.

Sahara group later deposited Rs 5,120 crore with SEBI and claimed that it was way above the outstanding amount due to be returned to investors as more than Rs 20,000 crore were already refunded directly.

The Supreme Court has refused to allow Sahara Group chief Subrata Roy to leave the country till the companies provide details of refunding Rs 20,000 crore to investors.

The apex court last week asked the group to furnish all the documents to reveal the source of Rs 22,885 crore which it claims to have refunded to the investors.

Besides, the group was directed to place all documents including the bank statements sought by SEBI before February 11 when the court would take up the case for further hearings.

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Media Release
March 15,2020

First Steps Pre-School, Kudroli celebrated Red Day on Friday, 14th March 2020 with elegance. To mark the celebration, all the tiny tots wore Red clothing and brought Red coloured fruits, vegetables & toys to share with the class and each pre-schooler briefly described his or her Red item brought to the class. 

The classroom was decorated with red streamers, balloons and table settings. The bulletin board was designed with the word ‘Red’ with pictures of Red animals, vehicles, plants and foods.

The Bloomings were asked to bring Red coloured objects for a ‘Show and Tell’ activity.

The teachers collected the objects from the children and displayed them on a table and taught the names of the objects to the children and also introduced many other facts about them. Students were given a thorough understanding of the colour red through different activities.

The kids actively participated and were very happy and excited. Parents were equally thrilled and overwhelmed due to their child’s participation.

Career Guidance Counsellor, Distinguished Toastmaster (DTM) Shameer Ahmed was the chief guest of the event. He addressed the students on the importance of colours and explained the purpose of conducting such an event to boost the confidence and creative culture in kids.
 
Headteacher Himna S. Ahmed enlightened the importance of colour in our life. She further added that Red is the best colour to create enthusiasm for life and can awaken greater confidence & optimism. In the meaning of colours, Red inspires original thought and inquisitiveness. 

Red is the colour of energy, strength, power, determination as well as passion, desire, and love. Red is a very emotionally intense colour. Children learnt the significance, importance and identification of the colours.

The teachers Himna, Azeema decorated the classrooms with red objects that children can easily identify with. They created beautiful red tables, red drapes, red balloons, red toys, red boxes, red balls, red fruit and vegetable cutouts etc. Everywhere the kids looked, they found something or the other in red. Learning was fun on red day and the children are looking forward to learning about yet another colour.

Event coordinator Shehzan S. Ahmed arranged the event in a skilled manner, which added a feather to the event.

In the end, each child was sent home with a bright Red smiley prop. and the colouring sheets which they coloured as an indoor activity to commemorate the Red day.

The event magnificently concluded with refreshments for the kids of pre-school.

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Media Release
March 4,2020

Mangaluru, Mar 4: With an objective to create awareness among children about the importance of consumption of fruits in regular diet, First Steps Pre-School, Kudroli, celebrated Fruits Day on Friday 28th February 2020 with fun and frolic.

The tiny tots of preschool celebrated Fruit Day. Children, representing the fruits of their choice sang the fruit rhymes with great zest, enthusiasm and vigour, enjoying the moments of joy and happiness in the company of their mates & teachers.

Teachers had made interesting and simple stories on encouraging children to have fruits in their meals. The teachers also explained the importance of fruits’ intake in diet for mental and physical growth. The tiny tots also learned more about the taste, smell,

color and texture of each fruit. Children clearly understood the importance of washing the fruits before eating or cooking and about the benefits of eating fresh fruits.

All the children were found to be quite thrilled and were positive on the fact that fruits are better than junk food.

The head teacher Himna S. Ahmed, teacher Azeema and Master Shehzan S. Ahmed arranged the event in an impressive manner which added feather to the event.

The event magnificently concluded with fruit feast for the kids of pre-school.

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Agencies
July 3,2020

New Delhi, Jul 3: The Delhi High Court on Friday refused to entertain a plea challenging Karnataka government's decision to impose a 25 percent domicile reservation in the National Law School of India University in Bengaluru.

A division bench of Justice Hima Kohli and Justice Subramonium Prasad observed that the impugned law is passed by the State of Karnataka, and the respondent university is also situated in Karnataka.

The court granted liberty to the petitioner to move the appropriate forum with their grievances.

The Karnataka Assembly had passed the National Law School of India (Amendment) Act, 2020 in March this year, which provided a 25 per cent horizontal reservation for students of Karnataka in the NLSIU.

The High Court observed that the main contesting parties in the present case were the NLSIU and the Karnataka Government. As the court did not show any interest in entertaining the plea, the petitioner withdrew the plea.

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