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  SEBI makes fresh bid to find Sahara investors for refunds

  May 03, 2015 16:10 IST

  New Delhi: 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.The

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  SC to decide fate of Sahara Group today

  March 23, 2015 11:16 IST

  Mumbai: The Supreme Court will today decide the fate of Sahara Group. The apex court will rule whether time has run out for the conglomerate to raise the USD 1.6 billion it needs to free

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  BMC's development plan may help Sahara to raise Rs 20,000 cr

  March 19, 2015 9:06 IST

  Mumbai: BMC's new draft development plan (DP) for the city could prove to be a godsend for Sahara group, its jailed chief Subrata Roy and two other officials.A 500-acre plot in Goregaon (west) has now

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  Last chance to Sahara to negotiate deal for Roy's release: SC

  India | March 13, 2015 23:38 IST

  New Delhi: Sahara Group was today granted the third and last opportunity by the Supreme Court to negotiate a deal for selling its offshore properties for raising Rs 10,000 crore to ensure the release of

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  Sahara's Grosvenor House put on sale; may fetch Rs 5,000 cr

  World | March 03, 2015 18:51 IST

  London: In a fresh twist to crisis-hit Sahara Group's efforts to raise funds, its iconic hotel property Grosvenor House, estimated to be worth over Rs 5,000 crore, has been put on sale by lenders.Grosvenor House,

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  US authorities to probe forged letter from Mirach to Sahara: Report

  World | February 19, 2015 13:37 IST

  New Delhi: Federal Bureau of Investigation (FBI) is probing the US based Mirach Capital Group, amid the allegations that the group gave a forged bank letter to conglomerate Sahara as part of financing negotiations.Sahara had

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  Sahara plans to sue Mirach Cap for forgery

  February 13, 2015 21:57 IST

  New Delhi: Sahara is mulling legal action against the US-based Mirach Capital for alleged forgery in committing an over $1 billion bailout package in lieu of the group's three hotels in New York and London.The

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  Mirach offers Sahara three new options - with a threat

  February 08, 2015 17:13 IST

  Washington: US-based Mirach Capital Group has offered three new options to bail out Sahara group - a loan after a Sahara apology for forgery allegations, acquisition of Sahara properties or permanently end business dealings.The new

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  Tender apology or pay $13 million in compensation: Mirach warns Sahara

  February 08, 2015 13:33 IST

  New York: In a fresh twist to the alleged “forgery” saga, US-based Mirach on Saturday asked Sahara to make a “formal apology” for tarnishing its image, failing which it warned of legal action and demanded

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  ED issues Rs 3,600cr FEMA notice to Sahara for London property

  India | February 06, 2015 21:59 IST

  New Delhi: Enforcement Directorate (ED) today slapped a show cause notice on Sahara group for alleged violations of foreign exchange laws to the tune of Rs 3,600 crore in connection with the purchase of a

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  Mirach Capital's $2 billion investment plans may bail out Subrata Roy

  January 15, 2015 19:18 IST

  New Delhi: Sahara group is working hard to get its chief Subrata Roy released from jail at the earliest.In latest efforts, the group is  working  on a deal with Mirach Capital, a Miami-based NRI family-owned

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  SC refuses to free Sahara's Subrata Roy from custody

  India | December 18, 2014 9:02 IST

  New Delhi: The Supreme Court on Wednesday declined Sahara Group chief Subrata Roy's plea for release from jail along with his two other directors.The trio were taken into custody March 4 for non-compliance of Aug

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  First bring money in escrow account, SC tells Sahara

  India | November 29, 2014 8:34 IST

  New Delhi: The Supreme Court on Friday asked Sahara to ask its overseas creditor to transfer USD 650 million in the escrow account - to comply with the conditions for the release of Subrata Roy

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  SC to hear Sahara's plea today

  India | November 28, 2014 8:15 IST

  New Delhi: The Supreme Court will today hear Sahara's plea on the Rs 47000 crore repayment case.The apex court had earlier refused Sahara's plea seeking hospitalization of Subrata Roy after the group's lawyers told the

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  Sahara to SC: Will deposit Rs.3,000 crore in 3 days

  India | April 21, 2014 17:17 IST

  New Delhi: In yet another proposal, Sahara group chief Subrata Roy Monday told the Supreme Court that Rs.3,000 crore would be deposited within three working days of his release from jail and another Rs.2,000 crore

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  Sahara withdraws proposal from SC

  India | April 07, 2014 21:42 IST

  New Delhi: Sahara group has withdrawn its proposal from the Supreme Court in which it had assured to pay Rs 2,500 crore immediately and rest Rs 2,500 crore in cash in three weeks for getting

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  We are ready to pay Rs.20,000 crore to SEBI: Sahara to Supreme Court

  March 25, 2014 18:44 IST

  New Delhi: Sahara group Tuesday offered to the Supreme Court to pay market regulator SEBI in a span of one year Rs.20,000 crore of the money it has to return to the investors collected through

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  Sahara chief's arrest won't affect track performance: Force India

  Other Sports | March 10, 2014 20:49 IST

  New Delhi:Force India deputy team principal Robert Fernley has said the Formula 1 team is "saddened" by the arrest of its co-owner and Sahara Group chief Subrata Roy but hastened to assure that the off-track

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  Supreme Court trashes Sahara's repayment proposal

  India | March 07, 2014 15:27 IST

  New Delhi: The Supreme Court Friday said the Sahara Group's proposal to pay the entire amount to SEBI in cash instalments of Rs.2,500 crore each at regular intervals of three months was not acceptable.The apex

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  Subrata Roy is a patriotic man: Kapil Dev on Sahara chief's arrest.

  Cricket | March 02, 2014 11:48 IST

  New Delhi: Former Indian cricket captain Kapil Dev has expressed concern over the arrest of Sahara Group chief Subrata Roy and hoped that an "extremely patriotic person" like him will come out of this situation