Subrata Roy

SC refuses to give early hearing to Subrata Roy on medical grounds

Roy and two Sahara directors are in judicial custody from March 4 for not complying with the 2012 order of the apex court to return investors money.

Nov 26, 2014, 10:53 AM IST

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

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 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

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Subrata Roy moved back to jail, special facilities withdrawn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

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

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 case: Subrata Roy seeks 15 more days from SC to sell properties

Sahara Chief Subrata Roy told the Supreme Court that almost finalised deal to sell his three luxury hotels in New York and London has hit a roadblock and is on the verge of collapse and sought 15 days more time to sell the properties to raise Rs 10,000 crore to be deposited with SEBI to get bail.

Sep 05, 2014, 17:47 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

Sahara case: Subrata Roy seeks 10 more days to sell off hotels

Sahara chief Subrata Roy on Friday asked for 10 more days from the apex court to sell off three of his overseas properties. The latest development comes at a time when the Sahara chief is trying hard to sell off his overseas properties in order to secure his bail.

Sep 05, 2014, 11:26 AM 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

Sultan of Brunei denies report of bid for Sahara's New York, London hotels

Subrata Roy, has been negotiating a sale of the hotels from a makeshift office in prison in New Delhi.

Aug 19, 2014, 09:00 AM IST

Sultan of Brunei bids for Sahara's New York and London luxury hotels: WJS

The Sultan of Brunei has made a bid for New York's Plaza Hotel, Dream Hotel and London's Grosvenor House hotel, the Wall Street Journal's website edition reported on Saturday, citing people familiar with the situation.

Aug 17, 2014, 21:49 PM IST

Sahara executive proposes Rs 3,000-cr 'contribution scheme'

The scheme involves collection of Rs 1.25 lakh-1.50 lakh each from these two lakh persons, as per a letter sent by D K Srivastava, an Executive Director in the group.

Aug 14, 2014, 18:07 PM IST

SC grants Subrata Roy 15 more working days to sell hotels

Roy, who has been in jail for over five months, said that he cannot reveal the name of the party and the bank, saying that their confidentiality has to be protected till the deal is signed.

Aug 14, 2014, 17:46 PM IST

SC grants 15 more days to Subrata Roy to wind up negotiations

The Supreme Court on Thursday allowed Sahara chief Subrata Roy to use the conference room in Tihar jail complex for another 15 days in order to wind up negotiations.

Aug 14, 2014, 14:22 PM IST