17 April, 2021


Business in bitesizes

Taking Time to ­Reassure the Team

Subrata Roy has started to rally his huge human resource pool for help. Out on parole from Tihar Jail, Roy has been travelling to different cities (Delhi, Mumbai, Patna, etc) for specially ­arranged meetings with thousands of Sahara ­employees and agents. The cities were plastered with Sahara ads to announce his arrival but the meetings were behind closed doors with only his employees, especially the fund agents who were given special identity cards for the event. Meanwhile, HDFC Realty and SBI Caps have begun liquidating some of Sahara’s properties to collect the debts which landed him in jail. But it seems Roy has not yet packed his bags. He will try to rejuvenate his business.

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