Subrata Roy's get-out-of-jail deal is mired in mystery
Subrata Roy, the boss of the Sahara conglomerate, is in a New Delhi prison on contempt-of-court charges and needs to post $1.6 billion in bail to get out. To help raise the money, Sahara is in talks to refinance its overseas hotels, including New York`s Plaza.
Feb 05, 2015, 08:56 AM IST
Sebi lowers Sahara case expense estimates to Rs 25.88 cr
As per the court orders, Saharas were asked to bear the costs incurred by Sebi in identifying the investors and repayment of refunds to them, which has been an uphill task for the capital markets watchdog.
Feb 01, 2015, 14:43 PM IST
Sahara says money deposited with Sebi about Rs 11,500 cr now
As its legal battle with Sebi continues over refund of money to investors, Sahara group Friday said the money deposited with the regulator has grown to about Rs 11,500 crore after including bank interest.
Jan 09, 2015, 20:01 PM IST
Subrata Roy to spend new year in Jail as court defers verdict till Jan 9
Sahara Chairman Subrata Roy has been held in a New Delhi jail for more than nine months now.
Dec 17, 2014, 16:24 PM IST
Sahara awaits court verdict that may give jailed chief Roy freedom
Embattled conglomerate Sahara is readying for a court verdict on Wednesday that will determine if it can take on a new loan and refinance debt on its overseas hotels, including the Plaza in New York, to secure the release of its jailed chief.
Dec 17, 2014, 13:35 PM IST
Sahara to sell Mumbai, Jodhpur land parcels for Rs 1,251 cr
Besides, talks are in final stages for sale of another land parcel by Sahara group in Pune, sources said.
Dec 07, 2014, 12:07 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
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
Sebi bars Sunplant Forgings from mobilising public funds
Pulling the plug on illegal mobilisation of funds by Sunplant Forgings, market regulator Sebi has barred the company and its directors from raising money by issuing securities.
Jul 17, 2014, 20:21 PM IST
