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  Spanish bank dampens Sahara's 'rescue plan' after it denies extending loan to Indian conglomerate

  March 26, 2015 9:56 IST

  Madrid/Mumbai: In a major setback conglomerate Sahara Group, Spanish bank BBVA SA has denied extending credit line to the Indian firm.This has contradicted Sahara's claims that it would use the amount to help secure bail

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  Court issues warrant for Subrata Roy's appearance in IT case

  India | March 24, 2015 19:56 IST

  New Delhi: A Delhi court 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

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  No pay for four months, Sahara employee jumps to death

  India | March 24, 2015 19:48 IST

  Lucknow: An employee of the Sahara group — who did not get his salary for four months — committed suicide by jumping from the eighth floor of his office building on Tuesday, police said.Pradeep Mandal,

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  Supreme Court grants another three months to Sahara Group

  March 23, 2015 19:32 IST

  New Delhi: Supreme Court on Monday gave Sahara Group another three months to submit final proposal to raise $1.6 billion to bail out its Chief Subrato Roy, who has been in jail for a year

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  Mirach Capital to file $400 mn defamation suit against Sahara Group

  March 17, 2015 10:45 IST

  New Delhi: US-based Mirach Capital today said it is initiating a $400 million defamation lawsuit against the Sahara group, while alleging that the failed financing deal with the Indian conglomerate has caused “irreparable harm” and

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  Sahara seeks extension of communication facilities in Tihar jail

  India | February 17, 2015 22:39 IST

  New Delhi: The Sahara Group on Tuesday moved the Supreme Court seeking extension of communication facilities provided to its chief Subrata Roy to facilitate negotiations with other parties to raise Rs.10,000 crore after its deal

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  Subrata Roy seeks more time to raise money for bail

  February 17, 2015 18:07 IST

  New Delhi: After the Mirach fiasco, the troubled boss of Sahara Group, Subrata Roy has sought more time to work out a deal to raise funds in lieu of properties and get bail, three lawyer

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  Mirach Capital eyes flagship Sahara hotels in $2 bn bailout for Subrata Roy

  January 21, 2015 11:47 IST

  New Delhi: Looking to garner funds to secure bail for its Chairman Subrata Roy, Sahara Group is in advanced stages of tying up a financial package worth nearly $2 billion (over Rs 12,000 crore) from

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  Sahara to sell Mumbai, Jodhpur land parcels for Rs 1,251 cr

  December 07, 2014 14:36 IST

  New Delhi: After selling land in Gurgaon for Rs 1,211 crore recently, Sahara group is believed to have finalised two more land parcels deals - one in Mumbai and another in Jodhpur - for over

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  Sahara sells Rs 1,211 crore land in Gurgaon to realty firm M3M

  December 04, 2014 15:49 IST

  New Delhi: Subrata Roy's Sahara group has sold a big land parcel in Gurgaon for Rs 1,211 crore to Gurgaon-based developer M3M India Ltd.The 185-acre land in Gurgaon, with 12 million square feet built-up area,

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  Sahara permitted by SC to sell 4 properties worth over Rs 2700 cr

  India | December 02, 2014 19:35 IST

  New Delhi: The Supreme Court today permitted the Sahara Group to proceed with the sale of four domestic properties, which is likely to fetch Rs 2,710 crore, in its bid to raise Rs 10,000 crore

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  Subrata Roy demands restoration of access to spl facilities in Tihar

  India | October 06, 2014 17:22 IST

  New Delhi: Jailed chief of Sahara group Subrata Roy has sought immediate restoration of all the facilities like use of an air-conditioned office, phone, internet and video-conferencing in the Tihar prison to complete negotiations for

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  SC grants 15 days more time to Subrata Roy to sell hotels

  India | September 08, 2014 18:05 IST

  New Delhi: The Supreme Court today 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

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  Subrata Roy's stay in Tihar Conference Hall extended by 15 working day

  India | August 14, 2014 23:28 IST

  New Delhi: The Supreme Court Thursday gave Sahara chief Subrata Roy a 15-working-day extension to stay in the conference hall of Tihar Jail court complex for negotiating the sale of his overseas hotels and assets

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  Agreement reached to sell luxury hotels to foreign buyer: Sahara to SC

  India | August 14, 2014 18:07 IST

  New Delhi:  Sahara group has reached an agreement with a foreign party to sell its three luxurious hotels in London and New York and a reputed foreign bank has also agreed to grant bank guarantee

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  Subrata Roy shifted to conference room of Tihar Jail

  India | August 05, 2014 20:53 IST

  New Delhi: A number of people including the staff of Sahara chief Subrata Roy today visited him at the conference room of Tihar jail which has been declared “special jail” for negotiations with potential buyers

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  BCCI invites bids for title sponsorship

  Cricket | August 05, 2014 16:45 IST

  Mumbai: With another season of hectic cricket in progress, the Board of Control for Cricket in India today invited title sponsorship bids for its international and domestic matches. “The Marketing Committee of the BCCI met

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  Roy to raise bail money from conference room in jail

  India | August 04, 2014 21:07 IST

  New Delhi: Jailed Sahara chief Subrata Roy will move to a swanky conference room in Tihar prison tomorrow where he will have facilities like video conferencing,Internet and phone so that he can negotiate with potential

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  SC refuses to release Subrata Roy on bail or parole

  India | July 22, 2014 18:27 IST

  New Delhi: The Supreme Court today refused to release Sahara Chief Subrata Roy, who has been behind bars for nearly five months, on interim bail or parole but allowed selling of his luxury hotels in

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  Sahara thanks apex court for asset de-freeze

  India | June 05, 2014 12:06 IST

  New Delhi: The Sahara Group has thanked the Supreme Court for lifting the freeze on its moveable and immovable assets so that it can raise the Rs.10,000 crore for part payment of dues, but also