Sahara Group

Subrata Roy moves SC for medical treatment

Sahara chief Subrata Roy Tuesday moved the Supreme Court seeking direction to the Tihar jail authorities - where he has been lodged since March 4 - to be shifted to a private hospital for the treatment of his ailments.

Nov 25, 2014, 22:25 PM IST

I-T dept seizes over Rs 135 cr cash, jewellery from Sahara group

The Income Tax department has claimed to have seized cash of over Rs 135 crore from the premises of Sahara group during its raids on its two premises in Delhi and Noida in connection with alleged tax evasion charges.

Nov 24, 2014, 21:38 PM IST

I-T dept conducts searches on Sahara group in Delhi, NCR

The searches, sources said, were on till late in the evening and I-T sleuths have seized some documents, electronic records and cash from the premises.

Nov 22, 2014, 20:06 PM IST

ED has no jurisdiction to register laundering case: Sahara

Sahara group Monday said the Enforcement Directorate (ED), which has recently registered a fresh money laundering case against it, may not have the "jurisdiction" to do so as capital markets regulator SEBI is yet to finish verification of depositors.

Nov 17, 2014, 16:40 PM IST

ED registers money laundering case against Sahara group

Enforcement Directorate (ED) has registered a money laundering case against Sahara group in connection with non-payment of crores of rupees to depositors as probed by capital markets regulator SEBI.

Nov 13, 2014, 22:56 PM IST

Sahara says confident of resolving issues at Macedonia project

With one of its Macedonian projects facing a possible cancellation, Sahara group Tuesday said it is confident of resolving the issue and its other proposed ventures in that country are progressing on track.

Nov 11, 2014, 19:23 PM IST

Sahara chief Subrata Roy shells out Rs 31 lakh for Tihar's special facilities

Roy was allowed by the Supreme Court to use the jail's conference room to negotiate sale of his hotels in order to collect Rs 10,000 crore for his bail.

Oct 31, 2014, 19:06 PM IST

SEBI moves SC against Sahara for non-payment of investors' money

SEBI on Thursday moved the Supreme Court seeking its direction to Sahara group to give a time schedule for payment of Rs 47,000 crore to it as directed by the court.

Oct 30, 2014, 19:30 PM IST

SEBI moves SC against Sahara over non payement of dues

SEBI has also sought that Sahara Group must file a report to SC about the schedule of its balance of payment of about Rs 47,000 crore.

Oct 30, 2014, 18:04 PM IST

Sahara eyes hedge fund support to secure Subrata Roy's release: Report

Sahara group is believed to be working on an over USD 1 billion debt refinancing deal with two American hedge funds for raising funds to secure release of its jailed chief Subrata Roy, a media report said Sunday.

Oct 12, 2014, 19:39 PM IST

SC declines urgent hearing plea of Subrata Roy

The Supreme Court Friday declined to give an urgent hearing to the plea of jailed Sahara chief Subrata Roy seeking bail to attend the cremation and perform rituals relating to the death of his aunt.

Oct 03, 2014, 18:24 PM IST

Subrata Roy moved back to jail, special facilities withdrawn

Sahara chief Subrata Roy was Wednesday sent back to his cell in Tihar jail at the end of the period granted by the Supreme Court to stay at an air conditioned facility in the complex to negotiate sale of his overseas luxury hotels.

Oct 01, 2014, 23:15 PM IST

Sahara case: SC gives Subrata Roy another 15 days to sell hotels

A bench led by Justice T S Thakur allowed Sahara's application while making it clear that this would be the last extension of time and he must close the deals by the extended period.

Sep 08, 2014, 15:41 PM IST

Sahara may mortgage iconic hotels to raise $1.7 billion bail for jailed chairman

Sahara conglomerate would rather mortgage its trophy overseas hotel properties than sell them to raise the $1.7 billion in bail money for its jailed chairman, a senior company executive told Reuters.

Sep 05, 2014, 17:22 PM IST

SEBI sets Sept 30 deadline for Sahara investors to apply for refund

Those having invested in various bonds issued by two Sahara firms, Sahara India Real Estate Corp Ltd (SIRECL) and Sahara Housing Investment Corp Ltd (SHICL), have been asked by SEBI to submit their refund applications along with necessary documentary proof by September 30, 2014.

Aug 24, 2014, 13:56 PM IST