Sahara: The Untold Story

Penned by veteran journalist Tamal Bandyopadhyay, here is a close look at one of the most controversy-ridden conglomerates of India. Post its recent legal battles, the Supreme Court ordered two of the Sahara Group firms to refund the money they had collected in the form of deposits/debentures within 3 months. Plus, there were Sahara’s legal wrangles with the IT department back in the 1990s when it was widely alleged that the company parked the ill-gotten wealth of the politicians. What you get here is a comprehensive picture of shadow banking and the politics-business nexus. Interestingly, Sahara filed a defamation suit of Rs 200 crore against the author and the publisher, but it was settled out of court and the book now comes with this disclaimer: The book portrays Sahara in bad light by attributing unfound facts and incidents… The book at best can be treated as a perspective of the author with all its defamatory content, insinuation and other objections.