SC to hear SEBI on appointment of Receiver in Sahara case
Since Subrata Roy is in jail, the sale of properties can be done by appointing a Receiver.
Jan 06, 2016, 16:47 PM IST
Did Subrata Roy pay Rs 1.23 cr for special facilities in Tihar jail?
Money can sure buy one all the possible luxuries and that is exactly whaMoney can sure buy one all the possible luxuries and that is exactly what the Sahara Group chief seem to have done in Tihar jail.t the Sahara Group chief seem to have done in Tihar jail.
Dec 07, 2015, 18:23 PM IST
Force India's partnership with Sahara stands strong: Vijay Mallya
Mallya also said that he isn't too hopeful about Indian GP being held in near future.
Oct 30, 2015, 15:16 PM IST
European corporate offers $5 billion to bail out Sahara
The Supreme Court on Monday sought a response from the beleaguered Sahara Group as to why a Receiver be not appointed to dispose of their properties to arrange Rs 36,000 crore paying its investors even as an European corporate offered to lend USD five billion to bail out the group's jailed chief Subrata Roy.
Sep 28, 2015, 19:51 PM IST
Sahara's Plaza Hotel of New York is top-ranked hotel for super-rich
Top-ranked Plaza is one of the three prized overseas hotel assets owned by Sahara group. These three hotels (the other two being Dream Downtown in New York and Grosvenor House in London) have attracted several suitors in the recent past.
Sep 23, 2015, 18:24 PM IST
Relief for Sahara: US court rejects plea for attachment of two 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, 19:35 PM IST
Sahara group welcomes court order on US hotels
The Sahara group Wednesday welcomed a US court's order that rejected the plea for attachment of its two hotels in New York and said it was "unfairly" dragged into a private dispute between two parties.
Sep 16, 2015, 19:28 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 says RBI cancellation of NBFC licence mutually decided
A day after the RBI announced cancellation of NBFC licence of Sahara India Financial Corp Ltd, the group Tuesday said the decision was as per "a mutually decided arrangement" between the central bank and the company.
Sep 15, 2015, 19:29 PM IST
Fresh trouble for Sahara Group; SC seeks reply on I-T return notice
In what could spell fresh trouble for Sahara chief Subrata Roy, the Supreme Court has asked the company to reply to the notice sent by Income Tax department.
Sep 04, 2015, 14:02 PM IST
Supreme Court extends facilities to Subrata Roy in jail
The Supreme Court on Monday extended till September 30 the special facilities given to Sahara chief Subrata Roy to facilitate communication for negotiating transactions to raise money to pay market regulator Securities and Exchange Board of India.
Aug 17, 2015, 23:46 PM IST
Not selling overseas properties: Sahara to Surpreme Court
Sahara Group Monday told the Supreme Court that it was not selling its three overseas hotels, Grosvenor House Hotel in London, the New York Plaza and Dream New York hotels and alleged that some entities are "looking to grab these properties".
Aug 17, 2015, 21:06 PM IST
Lalit Modi to help fund Sahara chief Subrata Roy's release from jail?
In what could come as a relief to Sahara chief Subrata Roy, Indian Premier League founder Lalit Modi has decided to step in to help the company and arrange sale of Sahara properties.
Aug 17, 2015, 17:05 PM IST
Rewrite 'poorly-drafted' Companies Act: ICICI Bank Chairman
In a strong criticism of the "poorly- drafted" Companies Act, ICICI Bank's newly appointed Chairman M K Sharma has said that tightening of norms has made it a "curse" to be a promoter and everyone is being made to pay because of a few cases like Satyam and Sahara.
Aug 05, 2015, 19:34 PM IST
Supreme Court to consider auctioning off Sahara properties
The Supreme Court on Monday asked the Securities and Exchange Board of India (SEBI) to submit an application by September 14 seeking its approval to appoint a receiver to auction conglomerate Sahara`s assets and refund investors in the troubled group`s illegal bonds.
Aug 03, 2015, 23:53 PM IST
You are in jail by choice: SC to Sahara chief Subrata Roy
Jailed Sahara Group chief Subrata Roy's plea for his release on humanitarian grounds Monday evoked a sharp reaction from the Supreme Court which said "you are in jail by choice".
Aug 03, 2015, 21:05 PM IST
SEBI cancels Sahara's mutual fund licence
Sebi also directed Sahara Mutual Fund and Sahara Asset Management Company to stop accepting subscription from its existing or new investors with immediate effect.
Jul 28, 2015, 19:21 PM IST
In Sahara case, Buffett and Bernie Madoff are examples!
Sahara, on its part, has told court that it has been wrongly dragged into the dispute between two entities over "a potential business relationship gone sour".
Jul 19, 2015, 14:54 PM IST
Sahara asks US court to reject attachment plea for hotels
Slapped with a USD 350 million lawsuit seeking attachment of its two prized hotels here, crisis-ridden Sahara has told a US court here that it has been wrongly dragged into a dispute between two entities over "a potential business relationship gone sour".
Jul 12, 2015, 15:46 PM IST
Sale of Sahara's asset; SC asks realty firms to show bonafides
The Supreme Court on Tuesday asked two real estate firms engaged in a tug of war over purchasing Sahara Group's over 140 acre land properties in Gorakhpur in Uttar Pradesh
Jul 07, 2015, 20:48 PM IST
