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Sahara Group Founder Subrata Roy Dies At 75 After Long Illness
Sahara Group founder and Chairman Subrata Roy died today at a Mumbai hospital after battling a long illness, the company said in a statement.
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Funds Worth Rs 24,000 Crore Lying Unused With SEBI: Sahara Group
Sahara Group has said it is unreasonable to ask it to deposit more money as funds worth Rs 24,000 crore are lying unutilised with SEBI for nine years
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IRDAI Asks ICICI Prudential To Take Over Sahara's Insurance Business
Sahara group chairman Subrata Roy had met Irdai chairman to seek more time to resolve the crisis at his life insurance arm on July 24.
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Force India's Partnership With Sahara Still Strong, Despite The Latter's Financial Troubles: Vijay Mallya
Force India co-owner Vijay Mallya said that the partnership with Sahara Group is still going strong despite its chairman being in jail since March, 2014
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Sahara Seeks Jail Facilities Extension for Subarata Roy
Meanwhile, the top court today questioned the Sahara group's intent by questioning their lawyer how it would pay around Rs 30,000 crore when it is struggling to pay Rs 10,000 crore to get its chairman out of jail.
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Special Court to Hear Sebi Matters Likely Soon
To fast track prosecution and investigations initiated by the Securities and Exchange Board of India (Sebi) against defaulters, a special court may be set up soon to hear such cases as the regulator has taken up this matter with the government and judiciary.
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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, or Rs 10,000 crore, in bail money for its jailed chairman, a senior company executive told Reuters.
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Sultan of Brunei Bids for Sahara's Hotels in New York, London: Reports
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.
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Jailed Sahara Chief Seeks More Time to Seal Hotel Deals
Mr Roy, chairman of the Sahara conglomerate, was initially given 10 days by the Supreme Court to talk to potential bidders for three hotels, including Grosvenor House in London and the New York Plaza, to raise Rs 10,000 crore for bail.
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Supreme Court Could Allow Sahara Chief to Conduct Asset Sale Talks, Says Company
The jailed chairman of conglomerate Sahara, Subrata Roy, could be allowed to take part in talks over group asset sales to repay investors sold bonds that were later ruled to be illegal, the company said after he was again denied bail on Tuesday.
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Sahara Is Big Pariwar, They Can Manage, Say Judges Refusing Bail For Jailed Chief
Sahara said it is willing to sell hotels located in New York and London to raise the amount needed to secure the release of its chairman, who was arrested in February 28.
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In Sahara and Subrata Roy Case, a New Controversy
Subrata Roy, the 65-year-old chairman of the unlisted Sahara conglomerate has been in jail in Delhi for two months over his group's alleged failure to refund lakhs of small investors in two outlawed bonds scheme.
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Supreme Court accepts Sahara boss Subrata Roy's unconditional apology
Sahara chairman Subrata Roy faced an ink attack as he arrived at the Supreme Court on Tuesday, escorted by a heavy contingent of police.
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Who is Subrata Roy? 10-point cheat-sheet
Sahara chairman Subrata Roy will remain in police custody till the next hearing, the Supreme Court ruled today. Mr Roy unconditionally apologised for not appearing in the Supreme court last week. He was arrested on Friday after failing to appear at a hearing - which he says he missed to attend to his ailing mother - related to a multi-billion-doll...
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Ink thrown at Sahara boss Subrata Roy as he arrives at Supreme Court
Sahara chairman Subrata Roy faced an ink attack as he arrived at the Supreme Court on Tuesday, escorted by a heavy contingent of police.
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Sahara Group Founder Subrata Roy Dies At 75 After Long Illness
Sahara Group founder and Chairman Subrata Roy died today at a Mumbai hospital after battling a long illness, the company said in a statement.
-
Funds Worth Rs 24,000 Crore Lying Unused With SEBI: Sahara Group
Sahara Group has said it is unreasonable to ask it to deposit more money as funds worth Rs 24,000 crore are lying unutilised with SEBI for nine years
-
IRDAI Asks ICICI Prudential To Take Over Sahara's Insurance Business
Sahara group chairman Subrata Roy had met Irdai chairman to seek more time to resolve the crisis at his life insurance arm on July 24.
-
Force India's Partnership With Sahara Still Strong, Despite The Latter's Financial Troubles: Vijay Mallya
Force India co-owner Vijay Mallya said that the partnership with Sahara Group is still going strong despite its chairman being in jail since March, 2014
-
Sahara Seeks Jail Facilities Extension for Subarata Roy
Meanwhile, the top court today questioned the Sahara group's intent by questioning their lawyer how it would pay around Rs 30,000 crore when it is struggling to pay Rs 10,000 crore to get its chairman out of jail.
-
Special Court to Hear Sebi Matters Likely Soon
To fast track prosecution and investigations initiated by the Securities and Exchange Board of India (Sebi) against defaulters, a special court may be set up soon to hear such cases as the regulator has taken up this matter with the government and judiciary.
-
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, or Rs 10,000 crore, in bail money for its jailed chairman, a senior company executive told Reuters.
-
Sultan of Brunei Bids for Sahara's Hotels in New York, London: Reports
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.
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Jailed Sahara Chief Seeks More Time to Seal Hotel Deals
Mr Roy, chairman of the Sahara conglomerate, was initially given 10 days by the Supreme Court to talk to potential bidders for three hotels, including Grosvenor House in London and the New York Plaza, to raise Rs 10,000 crore for bail.
-
Supreme Court Could Allow Sahara Chief to Conduct Asset Sale Talks, Says Company
The jailed chairman of conglomerate Sahara, Subrata Roy, could be allowed to take part in talks over group asset sales to repay investors sold bonds that were later ruled to be illegal, the company said after he was again denied bail on Tuesday.
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Sahara Is Big Pariwar, They Can Manage, Say Judges Refusing Bail For Jailed Chief
Sahara said it is willing to sell hotels located in New York and London to raise the amount needed to secure the release of its chairman, who was arrested in February 28.
-
In Sahara and Subrata Roy Case, a New Controversy
Subrata Roy, the 65-year-old chairman of the unlisted Sahara conglomerate has been in jail in Delhi for two months over his group's alleged failure to refund lakhs of small investors in two outlawed bonds scheme.
-
Supreme Court accepts Sahara boss Subrata Roy's unconditional apology
Sahara chairman Subrata Roy faced an ink attack as he arrived at the Supreme Court on Tuesday, escorted by a heavy contingent of police.
-
Who is Subrata Roy? 10-point cheat-sheet
Sahara chairman Subrata Roy will remain in police custody till the next hearing, the Supreme Court ruled today. Mr Roy unconditionally apologised for not appearing in the Supreme court last week. He was arrested on Friday after failing to appear at a hearing - which he says he missed to attend to his ailing mother - related to a multi-billion-doll...
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Ink thrown at Sahara boss Subrata Roy as he arrives at Supreme Court
Sahara chairman Subrata Roy faced an ink attack as he arrived at the Supreme Court on Tuesday, escorted by a heavy contingent of police.
