Friday November 28, 2014
The Sahara conglomerate on Friday said it aimed to raise $650 million (Rs 4,037 crore at 1 dollar = 61 rupees) in loans to secure the release of its chief, in jail for nearly nine months over the group's failure to refund billions of dollars to inves...
Monday November 24, 2014
Sources said the department made one of its highest seizures which also includes jewellery worth Rs 1 crore.
Press Trust of India | Sunday November 23, 2014
With double points on offer in the season-ending race at the majestic Yas Marina Circuit, Force India collected 28 points to finish sixth in the Constructors championship with 155 points, 26 less than fifth-placed McLaren.
Saturday November 22, 2014
Sources said the searches were launched by the taxmen at at least three locations of the group, one in Delhi and two in the national capital region, as part of its "tax related demands" against the business group.
Press Trust of India | Saturday November 22, 2014
Perez, in his first season at Force India, is 12th in the drivers' standings with 47 points going into the season-ending Abu Dhabi Grand Prix on Sunday. Hulkenberg, on the other hand, is ninth with 80 points.
Saturday November 22, 2014
Either of the Force India cars have not made Q3 since the Italian Grand Prix in early September.
Press Trust of India | Monday November 3, 2014
Sahara Force India (123) is 24 points behind fifth-placed McLaren (147) in the championship standings and going by the string of unimpressive results in the last couple of race, the Silverstone-based outfit would need a Herculean effort to pip McLare...
Saturday November 1, 2014
The Securities and Exchange Board of India (Sebi) has accused Sahara of deliberately failing to sell its marquee overseas hotels in New York and London, seen as crucial to it complying with an order to repay investors and secure the release of jailed...
A Vaidyanathan | Thursday October 30, 2014
Market regulator Securities and Exchange Board of India or Sebi on Thursday moved Supreme Court over Sahara's failure to sell properties to repay investors. In its petition, the market regulator said it has received complaints from buyers that Sahara...
Friday October 10, 2014
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 ju...
Friday October 3, 2014
The Supreme Court on 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.
A Vaidyanathan | Thursday October 2, 2014
Subrata Roy, the jailed chief of India's Sahara conglomerate, wants to leave prison immediately to perform the last rites for an aunt who died this morning.
India | Press Trust of India | Wednesday October 1, 2014
Sahara chief Subrata Roy was today 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.
Wednesday October 1, 2014
Sahara chief Subrata Roy was on 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.
Tuesday August 26, 2014
The Securities and Exchange Board of India (Sebi) on Monday asked the states to enact laws to ensure depositors' interests are safeguarded.
Sunday August 24, 2014
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 ...
Tuesday August 19, 2014
The Journal's website edition reported on Saturday, citing people familiar with the situation, that an investment firm affiliated with Brunei had offered to pay $2 billion for the three hotels, which are currently owned by India's Sahara conglomerate...
India | Reuters | Monday August 18, 2014
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.
Thursday August 14, 2014
Mr Roy was jailed in March after he failed to appear at a contempt hearing in the long-running dispute with the capital markets watchdog Sebi (Securities and Exchange Board of India) over the company's failure to repay crores to investors who were so...
Sunday August 10, 2014
It's hardly a $30,000 (Rs 18.3 lakh at 1 dollar = 61 rupees) per night royal suite, but after five months in India's biggest jail, the owner of the New York Plaza and London's Grosvenor House is thrilled to be able to use a modest office as he tries ...