Sahara agrees to pay remaining amount to ensure Subrata Roy's bail
Sahara Group said that it will pay the entire bail amount by next week.
May 08, 2015, 16:45 PM IST
SEBI makes fresh bid to find Sahara investors for refunds
Making a fresh bid to locate Sahara investors eligible for refunds, capital markets regulator SEBI has asked the bondholders of two Sahara firms to submit their claims along with the proof of investments.
May 03, 2015, 13:06 PM IST
Court to hear IT case against Subrata Roy, others on June 1
A Delhi court Wednesday fixed June one to hear an Income Tax case in which Sahara Chief Subrata Roy, now lodged in Tihar Jail, and others have been accused of not filing returns for a group company for 2013-14 assessment year.
Apr 15, 2015, 17:22 PM IST
Sahara supports Sebi's claim to bring $13-mn to refund account
Sahara has supported the regulator's claim before a US court to bring back nearly USD 13 million from sale proceeds of a business jet of the crisis-hit group.
Apr 13, 2015, 10:47 AM IST
SEBI moves US court with $12 mn claim on Sahara jet sale
In a new twist to the high profile SEBI-Sahara case, the Indian capital markets regulator has approached a US court with a USD 12-million claim on proceeds from sale of a corporate jet owned by a Sahara Group firm.
Apr 12, 2015, 18:47 PM IST
HC stays warrant for Subrata Roy's appearance in IT case
The court also issued notice to the income tax department seeking their response before the next date of hearing.
Apr 10, 2015, 13:09 PM IST
Delhi HC stays warrant against Subrata Roy's in IT case
The Delhi High Court on Friday stayed warrant issued by trial court against Sahara chief Subrata Roy, company's three directors for appearance in an Income Tax case.
Apr 10, 2015, 12:03 PM IST
Sebi struggles to shield savers from more Saharas
As regulators try to contain one of India`s most spectacular investment scandals, dozens of smaller but similar schemes continue to mushroom.
Apr 09, 2015, 09:18 AM IST
Rescue plan for Sahara in doubt as BBVA denies loan
Sahara told the Supreme Court this week that BBVA had agreed a 900 million-euro ($985 million) loan to Hong Kong firm Nouam Ltd.
Mar 26, 2015, 10:00 AM IST
Sahara says submissions to SC can't be subject of media trial
Uncertainties loom large over embattled Sahara's fund raising plans even as the group today said that its proposed arrangements to raise money for release of its chief Subrata Roy cannot be subjected to public debate and speculative media trials.
Mar 25, 2015, 20:13 PM IST
Spain's BBVA denies credit line to bail Sahara chief Subrata Roy
Subrata Roy has been held in jail for more than a year after Sahara failed to comply with a court order to refund billions of dollars to investors in a bond programme that was ruled illegal.
Mar 25, 2015, 14:20 PM IST
Spanish bank BBVA denies credit exposure, relationship with Sahara Group
Spanish bank BBVA has no credit exposure or relationship with Indian conglomerate Sahara, a bank spokesman said on Wednesday.
Mar 25, 2015, 13:48 PM IST
Court issues warrant for Subrata Roy's appearance in IT case
A Delhi court on Tuesday issued warrant for the appearance of Sahara Chief Subrata Roy, now lodged in Tihar Jail, in an Income Tax case in which he has been accused of not filing returns for a group company for the 2013-14 assessment year.
Mar 24, 2015, 19:20 PM IST
SC gives three months time for Sahara for concluding deal
Expressing "prima facie satisfaction", the Supreme Court today granted three months time to Sahara Group for selling its offshore properties for raising Rs 10,000 crore to ensure the release of its Chief Subrato Roy, who has been in jail for a year for non-refund of over Rs 20,000 crore to depositors.
Mar 23, 2015, 16:27 PM IST
D-day for Subrata Roy as Supreme Court to decide future of Sahara Group
If it fails to raise the cash, the court could appoint a receiver to auction its assets, which include properties such as New York`s Plaza hotel and tracts of land in India.
Mar 23, 2015, 08:53 AM IST
Mirach to file $400 million defamation suit against Sahara
Accusing Mirach Capital of cheating and forgery in the failed USD 2.05 billion loan arrangement, Sahara had also said last month that it has initiated legal action against the US-based firm.
Mar 17, 2015, 09:54 AM IST
Subrata Roy's brother resigns from listed Sahara group firm
Sahara Housingfina Corp promoter director Joy Broto Roy, brother of the group's jailed chief Subrata Roy, has resigned from the directorship of the company.
Mar 16, 2015, 22:08 PM IST
Last chance to Sahara to negotiate deal for Subrata Roy's release: SC
Sahara Group was Friday granted the third and last opportunity by the Supreme Court to g negotiate a deal for selling its offshore properties for raising Rs 10,000 crore to ensure the release of its Chief Subrato Roy, who has been in jail for a year for non-refund of over Rs 20,000 crore to depositors.
Mar 13, 2015, 19:31 PM IST
SC grants Sahara final chance
The Supreme Court on Friday gave the Sahara group a third and final chance to negotiate its proposed deal for arranging money for the release of its chief executive, Subrata Roy from jail.
Mar 13, 2015, 15:57 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
