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| Exclusive - Sahara uses small savers to keep Aamby Valley afloat |
| Sunday, January 31, 2016 2:43 AM | |
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 By Sumeet Chatterjee MUMBAI (Reuters) - Embattled Sahara conglomerate has been funnelling cash from small savers to fund one of its biggest projects, a luxury resort south of Mumbai, according to documents Reuters reviewed. Sahara has ploughed at least 15 billion rupees ($221 million) from two of its credit cooperatives into the Aamby Valley resort project through investments in preference shares, according to documents filed with the companies regulator. It is doing so as some investors in its credit cooperatives complain they have struggled to get Sahara to pay out their matured time deposits - even for sums as low as 30,000 rupees ($448.83). The credit cooperatives investments into Aamby Valley are not illegal. Cooperatives are allowed to invest in shares and bonds of infrastructure and real estate companies after board approval, if they are in the interest of the cooperatives, according to the law under which these cooperatives operate.
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| Opponents of same-sex unions and gay adoption stage major Rome rally |
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 By Isla Binnie and Crispian Balmer ROME (Reuters) - Hundreds of thousands of Italians staged a mass rally in Rome's Circus Maximus on Saturday to urge the government to drop legislation that offers homosexual couples legal recognition and limited adoption rights. Trains and buses ferried in protesters from around Italy to take part in the event, staged in Ancient Rome's famed chariot racing stadium. A group of black-clad Roman Catholic priests danced the conga, while children rushed around the grassy arena.
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| Egypt says made no arrests in connection to Russian plane crash |
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 Egypt's interior ministry denied on Saturday making any arrests in connection with the crash of a Russian passenger plane in Sinai last October that killed all 224 people on board. Sources familiar with the matter had told Reuters on Friday that an EgyptAir mechanic whose cousin joined Islamic State in Syria is suspected of planting a bomb on the plane and had been arrested along with two airport policemen and a baggage handler suspected of helping him put the bomb on board. "Contrary to recent media speculation, we can categorically confirm that there have been no arrests in connection to the ongoing investigations into the causes of the Metrojet crash," the Interior Ministry said.
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| Masked mob threatening migrants go on the rampage in Stockholm |
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| By Sven Nordenstam STOCKHOLM (Reuters) - A gang of masked, black-clad men rampaged through the streets of Stockholm on Friday night handing out leaflets threatening to attack migrant street youths, "to make a statement", with police saying on Saturday two arrests had been made. The incident highlights the growing tensions over immigration in Sweden, a country of 10 million which received 163,000 asylum seekers last year, and comes days after a 22-year old female worker was stabbed to death in a centre for unaccompanied asylum-seeking minors in southwestern Sweden. |
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