Sahara India News


'Sahara India' - 507 News Result(s)

  • Subrata Roy Will Not Survive Another Summer In Jail, Says Lawyer

    Subrata Roy Will Not Survive Another Summer In Jail, Says Lawyer

    The Supreme Court on Wednesday 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.

  • Supreme Court Asks Sahara Group To Furnish Details Of All Properties

    Supreme Court Asks Sahara Group To Furnish Details Of All Properties

    The Supreme Court on Wednesday 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.

  • Sebi Ropes In HDFC Realty, SBI Cap For Sahara Asset Sale: Report

    Sebi Ropes In HDFC Realty, SBI Cap For Sahara Asset Sale: Report

    Tasked with a massive job of selling certain unencumbered properties of the beleaguered Sahara group, market regulator Securities and Exchange Board of India (Sebi) is believed to have roped in HDFC Realty and SBI Capital to help in the sale process.

  • Realty Firm M3M Completes Rs 1,211-Crore Deal With Sahara

    Realty Firm M3M Completes Rs 1,211-Crore Deal With Sahara

    Realty firm M3M India Ltd on Wednesday said it has paid the last instalment of over Rs 700 crore to Sahara group, thereby completing the deal to acquire 185 acres of land in Gurgaon for Rs 1,211 crore.

  • Subrata Roy Didn't Go Abroad Despite Permission: Sahara Group

    Subrata Roy Didn't Go Abroad Despite Permission: Sahara Group

    Seeking to reject any "impression" that its chief Subrata Roy wanted to go abroad before incarceration, embattled Sahara group on Monday said he returned to the country on being summoned and later did not leave the country even after the Supreme Court's permission.

  • Weeks Before Being Jailed, Sahara Chief Subrata Roy Wanted To Go Abroad: Report

    Weeks Before Being Jailed, Sahara Chief Subrata Roy Wanted To Go Abroad: Report

    Weeks before being sent to jail by the Supreme Court, the embattled Sahara Group chief Subrata Roy wanted to go abroad for "business discussions" with former US President Bill Clinton and former UK Prime Minister Tony Blair, markets regulator Sebi's lawyer, Arvind Datar, has said.

  • Supreme Court Allows Markets Regulator Sebi to Sell Sahara Properties

    Supreme Court Allows Markets Regulator Sebi to Sell Sahara Properties

    The Supreme Court has asked market regulator Sebi (Securities and Exchange Board of India) to start the process of selling some of embattled conglomerate Sahara's real estate assets in the country to refund millions of investors in its illegal bonds, lawyers said on Tuesday.

  • Sell Sahara Real Estate To Repay Lakhs Of Investors, Says Supreme Court

    Sell Sahara Real Estate To Repay Lakhs Of Investors, Says Supreme Court

    The Supreme Court on Tuesday directed Securities and Exchange Board of India (Sebi) to sell Sahara Group properties whose title deeds are lying with the capital market regulator.

  • Sahara Averts Foreclosure Auction of US Hotel Properties

    Sahara Averts Foreclosure Auction of US Hotel Properties

    Sahara Group has been making efforts to raise funds including through refinancing of loans on these two hotels as also on the historic Grosvenor House property in London, to ensure release of its chief Subrata Roy from jail. He has been lodged in New Delhi's Tihar Jail for over two years.

  • Sahara's Aamby Valley Reopens After Being Sealed For Hours

    Sahara's Aamby Valley Reopens After Being Sealed For Hours

    Aamby Valley, the Subrata Roy-owned Sahara group's sprawling luxury township in Maharashtra's Pune district, was sealed for a few hours today by local authorities allegedly over non-payment of Rs. 5 crore as agricultural tax.

  • Sahara Force India Still Hopeful About Partnership With Aston Martin

    Sahara Force India Still Hopeful About Partnership With Aston Martin

    Force India, the Formula 1 team partly owned by Vijay Mallya, is not dismissing the possibility of an association with British luxury carmaker Aston Martin.

  • Sahara's Force India Stake Looks a Hard Sell

    Sahara's Force India Stake Looks a Hard Sell

    Sahara, which paid $100 million for the shareholding in the Force India in 2011, sought the Supreme Court's permission to dispose of Formula One team and other assets to raise a combined 53 billion Indian rupees ($778.38 million)

  • Jehan Daruvala Finishes as Runner-Up in Toyota Racing Series Championship

    Jehan Daruvala Finishes as Runner-Up in Toyota Racing Series Championship

    Sahara Force India Academy racer, Jehan Daruvala, finished second in his maiden Toyota Racing Series championship after the 17-year-old Indian had a good weekend in Feilding, New Zealand, grabbing a pole position and a second-place finish.

  • Sahara to Take Back Loads of Documents From Sebi

    Sahara to Take Back Loads of Documents From Sebi

    As it scurries to garner funds to ensure release of its jailed chief Subrata Roy, the embattled Sahara group has begun another mammoth exercise of taking back loads of investor documents it had given to the Securities and Exchange Board of India (Sebi) in 128 trucks over three years ago.

  • Force India Co-Owners Sahara Seek to Sell Stake in Team

    Force India Co-Owners Sahara Seek to Sell Stake in Team

    Sahara is seeking to sell its stake in the Formula One team Force India as part of efforts to raise cash and free jailed founder Subrata Roy.

  • Sahara Says in Talks to Sell Grosvenor House to Qatar

    Sahara Says in Talks to Sell Grosvenor House to Qatar

    Embattled Sahara Group on Tuesday came up with a fresh proposal before the Supreme Court for the sale of its assets, including three overseas hotels - Grosvenor House Hotel in London, the New York Plaza and Dream New York - to raise the amount for the release of its jailed chief Subrata Roy.

  • Sahara Comes Up With Fresh Proposal To Secure Chief's Release

    Sahara Comes Up With Fresh Proposal To Secure Chief's Release

    Embattled Sahara Group today came up with a fresh proposal before the Supreme Court for the sale of its assets to raise the amount for the release of its jailed chief Subrata Roy.

  • Jail Life Painful But I Am Stress Free: Sahara's Subrata Roy

    Jail Life Painful But I Am Stress Free: Sahara's Subrata Roy

    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.

  • Jehan Daruvala Bags His 2nd Consecutive Win in Toyota Racing Series

    Jehan Daruvala Bags His 2nd Consecutive Win in Toyota Racing Series

    Earlier this week, we had informed about the victory of Sahara Force India Academy Racer, Jehan Daruvala, who claimed his maiden win in the Toyota Racing Series. Even though Jehan's initial performance was off the pace, he soon bucked up and won the feature race - The Lady Wigram Trophy - last weekend. Continuing his winning spree, this weekend Jeh...

  • Jehan Daruvala Bags His First Formula Car Win in New Zealand

    Jehan Daruvala Bags His First Formula Car Win in New Zealand

    Sahara Force India Academy racer, Jehan Daruvala, has bagged his maiden Formula Car victory at Lady Wigram Trophy in New Zealand.

  • Sebi Says Rs 42 Crore Refunded to Sahara Investors

    Sebi Says Rs 42 Crore Refunded to Sahara Investors

    In the high-profile Sahara case, markets regulator Sebi has disclosed having refunded over Rs 42 crore to the bondholders of the two Sahara firms while discrepancies were found in nearly 3,000 refund applications.

  • Sebi Seeks Vendor for Storage, Web Access to 20 Crore Sahara Docs

    Sebi Seeks Vendor for Storage, Web Access to 20 Crore Sahara Docs

    In the high-profile Sahara case, the Securities and Exchange Board of India (Sebi) is looking for a server hosting vendor for the mammoth task of providing electronic data storage and web access services for a database of 20 crore scanned pages.

  • Force India's Partnership With Sahara Still Strong, Despite The Latter's Financial Troubles: Vijay Mallya

    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 India Retain Lucknow Franchise in Indian Badminton League

    Sahara India Retain Lucknow Franchise in Indian Badminton League

    Indian Badminton League is being organised this year, after a gap of two seasons.

  • European Corporate Offers Rs 5,000 Crore to Bail Out Sahara

    European Corporate Offers Rs 5,000 Crore to Bail Out Sahara

    The Supreme Court on Monday sought a response from the beleaguered Sahara Group as to why a receiver be not appointed to dispose of their properties to arrange Rs 36,000 crore paying its investors even as an European corporate offered to lend 720 million euros (Rs 5,000 crore) to bail out the group's jailed chief Subrata Roy.

  • Sahara's Plaza Top Ranked Hotel for Super Rich: Survey

    Sahara's Plaza Top Ranked Hotel for Super Rich: Survey

    The iconic Plaza Hotel of New York, owned by crisis-ridden Sahara group, has been rated as the top most hotel by the super rich of the world, according to a new survey.

  • Sahara Welcomes Court Order on US Hotels

    Sahara Welcomes Court Order on US Hotels

    The Supreme Court of the State of New York has rejected a plea by Hong Kong-based JTS Trading Ltd that had sought attachment of Sahara's prized hotels Plaza and Dream Downtown in the US as part of a lawsuit over a deal that went sour.

  • US Court Rejects Plea for Attachment of Sahara Hotels

    US Court Rejects Plea for Attachment of Sahara Hotels

    Hong Kong-based JTS Trading had approached the court seeking the attachment as part of its $350-million lawsuit against UAE-based Trinity White City Ventures, Sahara group and Swiss banking giant UBS over a deal that went sour.

  • RBI Cancels Registration Certificate of Sahara India Financial Corporation

    RBI Cancels Registration Certificate of Sahara India Financial Corporation

    The Reserve Bank of India (RBI) on Monday cancelled the certificate of registration of Sahara India Financial Corporation under the RBI Act.

  • JetLite to Merge With Parent Carrier Jet Airways

    JetLite to Merge With Parent Carrier Jet Airways

    The merger approval by the board is subject to compliance with all applicable laws and regulations and the receipt of all corporate, regulatory, governmental, judicial approvals and third party consents, Jet Airways said.

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