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'Subrata Roy' - 44 Video Result(s)

'Subrata Roy' - 237 News Result(s)

  • Mulling Loan Refinancing to Regain Hotel Control: Sahara

    Mulling Loan Refinancing to Regain Hotel Control: Sahara

    Facing a possible sale of its Grosvenor House hotel in London by lenders, Sahara on Tuesday said it is working on a refinancing transaction to repay the loans to Bank of China and regain control of the iconic property.

  • 'A New Beginning for Trinamool Congress', Says Mukul Roy

    'A New Beginning for Trinamool Congress', Says Mukul Roy

    A day after he was removed from the post of All India General Secretary of Trinamool Congress, Mukul Roy today said leaders who replaced him in different positions "are more competent than him".

  • Some Staff Say Sahara Hasn't Paid Salaries for Months: Report

    Some Staff Say Sahara Hasn't Paid Salaries for Months: Report

    Sahara's long-drawn dispute with the Securities and Exchange Board of India (Sebi) over investor repayments has begun to take its toll on salaries of the group's employees, which are getting delayed amid a major liquidity crunch.

  • More Trouble for Sahara, Court Fiat on Diversion of Funds

    More Trouble for Sahara, Court Fiat on Diversion of Funds

    Facing tough times in its attempt to get its chief Subrata Roy out of jail, Sahara Group on Tuesday landed in a soup again as the Supreme Court asked it to explain how it encashed securities, deposited with the Reserve Bank of India (RBI), and divert...

  • Sahara Chief Fails to Get Early Hearing on Special Jail Facilities

    Sahara Chief Fails to Get Early Hearing on Special Jail Facilities

    Mr Roy's application filed early this week for extension of facilities by four to six weeks did not come up for hearing and an effort to get relief today from a bench headed by Justice T S Thakur failed.

  • US Probes Alleged Forged Letter from Mirach in Sahara Deal: Report

    US Probes Alleged Forged Letter from Mirach in Sahara Deal: Report

    One source said the Federal Bureau of Investigation's office in San Francisco is currently investigating Sharma, and another said the probe involved the Sahara allegations of a bank letter forgery.

  • Sahara Chief Seeks More Time To Raise Bail Money

    Sahara Chief Seeks More Time To Raise Bail Money

    The bail of $1.6 billion, the largest ever set in India, reflects the scale of the illegal bond scheme. The court has said investors need to be repaid as much as $7 billion, including accrued interest.

  • Sahara Seeks Jail Facilities Extension for Subarata Roy

    Sahara Seeks Jail Facilities Extension for Subarata Roy

    Meanwhile, the top court today questioned the Sahara group's intent by questioning their lawyer how it would pay around Rs 30,000 crore when it is struggling to pay Rs 10,000 crore to get its chairman out of jail.

  • RBI Moves Top Court to Stop Sahara from Selling Assets

    RBI Moves Top Court to Stop Sahara from Selling Assets

    In an application, the Reserve Bank of India (RBI), sought modification of the order allowing Sahara Group to sell its assets for generating funds.

  • Sahara Says Taking Legal Action Against Mirach After Deal Collapse

    Sahara Says Taking Legal Action Against Mirach After Deal Collapse

    Last week, Sahara described as forged a Bank of America letter intended to show Mirach had enough funds to arrange a $2 billion deal, which involved refinancing its overseas hotels, including Plaza and Grosvenor House in London.

  • Sebi Questions Ownership of Sahara Properties: Report

    Sebi Questions Ownership of Sahara Properties: Report

    A senior official and a separate source with direct knowledge of the situation said the market regulator has been checking an affidavit filed by Sahara detailing property assets, as time runs out for the group to post $1.6 billion in bail to free its...

  • Sahara Chief to Stay in Jail as $2 Billion Property Deal Called Off

    Sahara Chief to Stay in Jail as $2 Billion Property Deal Called Off

    In a blow for Sahara, the US-based Mirach Capital called off its $2 billion loan deal which would have helped the Indian conglomerate raise bail money for its jailed chief Subrata Roy.

  • Sahara Property Sale Takes Another Turn

    Sahara Property Sale Takes Another Turn

    Criticising Sahara over the delay in sale of its overseas properties, the Supreme Court now wants an asset management agency to handle it.

  • 3 Sahara Hotels Can Fetch Maximum $1.67 Billion: Mirach

    3 Sahara Hotels Can Fetch Maximum $1.67 Billion: Mirach

    As the blame-game continues over their floundered deal, US-based Mirach Capital has claimed that Sahara's three overseas hotels can fetch a maximum valuation of $1.67 billion (Rs 10,400 crore).

  • Sahara Accuses US Firm of Forging Bank Letter

    Sahara Accuses US Firm of Forging Bank Letter

    Sahara Group on Thursday said a Bank of America letter, submitted by a US-based former broker, guaranteeing funds for a deal for the bail bond of its jailed chief was forged.

  • Sahara Chief Subrata Roy's Get-Out-Of-Jail Deal Mired In Mystery: Report

    Sahara Chief Subrata Roy's Get-Out-Of-Jail Deal Mired In Mystery: Report

    Bail amount set at Rs 10,000 crore, highest-ever in India.

  • Sebi Lowers Sahara Case Expense Estimates to Rs 26 Crore

    Sebi Lowers Sahara Case Expense Estimates to Rs 26 Crore

    As per the court orders, Saharas were asked to bear the costs incurred by Sebi in identifying the investors and repayment of refunds to them, which has been an uphill task for the capital markets watchdog.

  • Let Mamata Banerjee be Replaced Till She Clears Saradha Charges, Says Trinamool Congress' Kunal Ghosh

    Let Mamata Banerjee be Replaced Till She Clears Saradha Charges, Says Trinamool Congress' Kunal Ghosh

    Suspended Trinamool MP Kunal Ghosh, arrested in the Saradha scam and now in jail, on Wednesday, suggested that West Bengal's panchayat minister, Subrata Mukherjee, should replace Mamata Banerjee as chief minister till she was cleared in the chit fund...

  • Sahara's Subrata Roy Back in Special Facility in Jail: Report

    Sahara's Subrata Roy Back in Special Facility in Jail: Report

    This comes after a similar 57-day stay at the special facility till September 30 by Mr Roy on the top court's direction. Sahara group had then paid Rs 31 lakh to Tihar jail as charges for the facility. Mr Roy has now been allowed to use of facility t...

  • Sahara Allowed to Raise Loan for Chief's Bail

    Sahara Allowed to Raise Loan for Chief's Bail

    The Supreme Court has cleared the way for embattled conglomerate Sahara to raise $1.05 billion in fresh loans backed by its overseas hotels, helping the group to fund the bail it needs to release its jailed boss.

  • Sahara Allowed to Raise Loan for Subrata Roy's Bail

    Sahara Allowed to Raise Loan for Subrata Roy's Bail

    The Supreme Court has set conditions on the fund raising, however, and on Friday asked Sahara to obtain necessary approvals from the Reserve Bank of India and other authorities to comply with foreign exchange rules.

  • Movers and Shakers in Business from 2014

    Movers and Shakers in Business from 2014

    From change in political leadership at the Centre to India's second largest services firm Infosys appointing a non-founder CEO, 2014 brought many changes for India Inc

  • Sahara Case: Money From Abroad Only After RBI Accord, Says Court

    Sahara Case: Money From Abroad Only After RBI Accord, Says Court

    The Supreme Court on Wednesday said that the money likely to be arranged by the Sahara group from overseas to raise Rs 10,000 crore for the release of its jailed chief Subrato Roy would come into the country only after necessary clearances by the Res...

  • 'CBI Said Instructions to Arrest Me Came From Delhi', Madan Mitra Tells Kolkata Court

    'CBI Said Instructions to Arrest Me Came From Delhi', Madan Mitra Tells Kolkata Court

    West Bengal Transport Minister and Trinamool Congress leader Madan Mitra, who was arrested on Friday in connection with the Saradha scam, was today produced before a court in Kolkata which remanded him to CBI custody till December 16.

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