Sahara rejects $1.3 billion offer, calls it attempt to lower price
Sahara group on Wednesday rejected a new USD 1.3 billion offer from a group of investors for its three prized overseas hotels, terming it a "devious attempt" to lower the price and disturb the sentiment of other bidders making "much higher" offers.
Jul 27, 2016, 15:59 PM IST
Sahara group gets $1.3 billion offer from new suitor for its 3 overseas hotels
Scurrying for funds, embattled Sahara group has got a USD 1.3 billion offer from a new suitor for its three prized overseas hotels including the Grosvenor House and Park Plaza.
Jul 27, 2016, 13:13 PM IST
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
Sahara says mulling loan refinancing to regain hotel control
Facing a possible sale of its Grosvenor House hotel in London by lenders, Sahara Tuesday said it is working on a refinancing transaction to repay the loans to Bank of China and regain control of the iconic property.
Mar 03, 2015, 22:33 PM IST
Sahara's Grosvenor House put on sale; may fetch Rs 5,000 cr
In a fresh twist to crisis-hit Sahara Group's efforts to raise funds, its iconic hotel property Grosvenor House, estimated to be worth over Rs 5,000 crore, has been put on sale by lenders.
Mar 03, 2015, 17:44 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
