Taking forward its task of recovering dues from Sahara, markets regulator Sebi will sell a total of 16 land parcels of the beleaguered group, through e-auction next month, at a reserve price of about Rs 1,900 crore.
Sahara India chairman Subrata Roy's scheduled meeting with the company's field workers here today was cancelled by the police fearing law and order situation, a move described as "unfortunate", but appreciated by Roy.
Swami Ramdev, Acharya Balkrishna meeting Saharasri Subrata Roy Sahara and Smt. Swapna Roy to pay homage to Revered (Late) Smt. Chhabi Roy Ji at Sahara Shaher, Lucknow. Also seen in the picture, Shri O.P. Srivastava, Shri
Giving one more chance to Sahara Group chief Subrata Roy to prove bonafides, the Supreme Court on Wednesday extended his parole till July 11, provided he gives an undertaking to deposit Rs 200 crore with Sebi by then.
In a glimmer of hope for Sahara group chairman Subrata Roy, the Supreme Court on Wednesday directed the group to give details of all its assets in a sealed cover so as to explore options for his release.
The Supreme Court today directed the Sahara group to furnish details of all its properties in a sealed cover to ascertain the fact as to whether they are sufficient for paying back the entire amount to the investors.
Seeking to reject any "impression" that its chief Subrata Roy wanted to go abroad before incarceration, embattled Sahara group today said he returned to the country on being summoned and later did not leave the country even a
Supreme Court has asked Sebi to start the process of selling some of embattled conglomerate Subrata Roy's Sahara's real estate assets in the country to refund millions of investors in its illegal bonds, lawyers said on Tuesda
The Group currently owns 42.5 percent of shares in the team and the same amount of shares are with troubled businessman Vijay Mallya. The remaining 15 percent is with the Mol family of the Netherlands.
The Sahara group on Tuesday told the Supreme Court that it was selling its Grosvenor House Hotel in London to Qatar and was in talk with a state-owned Russian bank for refinancing its two hotels in New York - New York Plaza a
In jail for almost two years now, embattled Sahara group chief Subrata Roy says being confined to a prison cell with only basic amenities came as a "rude shock" and he has often wondered what "wrong" he has done.
Sahara has ploughed at least 15 billion Indian rupees ($221 million) from two of its credit cooperatives into the Aamby Valley resort project through investments in preference shares, according to documents filed with India's
The Supreme Court today agreed to hear on February 2 the plea of market regulator SEBI seeking an interim order with regard to repayment of money by the beleaguered Sahara Group, whose chief Subrata Roy has been in jail since