Sahara to sell 3 overseas hotels to Qatar Investment for $1.6 billion
Sahara and Qatar Investment Authority have drafted a share purchase agreement with the Qatar Investment seeking nod from the Supreme Court for the sale process for which it will file an application on Friday.
Jul 07, 2016, 16:11 PM IST
US court rejects plea for attachment of Sahara hotels
In a relief to Sahara, a US court has rejected a plea seeking to attach the Indian group's prized Plaza and Dream Downtown hotels here.
Sep 16, 2015, 13:57 PM IST
Sahara Group says will defend lawsuit on US hotels sale
Facing a lawsuit in the US over sale of its overseas hotels, crisis-ridden Sahara Thursday said it was a "private dispute" between two parties unrelated to it and the group will "vigorously" defend its position.
Jun 25, 2015, 19:43 PM IST
US court issues show-cause notice to Sahara in $350-mn lawsuit
In fresh troubles for Sahara, a US court has issued show-cause notice to the group in connection with a USD 350 million lawsuit seeking attachment of its two prized hotel assets here -- Plaza and Dream Downtown.
Jun 22, 2015, 19:00 PM IST
Sahara seals Rs 5,500-cr debt deal for foreign hotels: Report
In a major deal for Saharas, billionaire brothers David and Simon Reuben have acquired control of the crisis-hit Indian group's iconic Grosvenor House hotel here and the two US properties -- Plaza and Dream Downtown -- in a USD 850 million (Rs 5,500 crore) debt refinance deal, a media report said .
Jun 08, 2015, 14:08 PM IST
SC grants 15 days more time to Subrata Roy to sell hotels
The Supreme Court on Monday granted 15 more working days time to jailed Sahara Chief Subrata Roy to seal the deal to sell his three luxury hotels in New York and London to raise money to be deposited with SEBI to get bail.
Sep 08, 2014, 18:35 PM IST
