You are here:News Home» Topic» Subrata Roy»

Subrata Roy

submit to reddit

'Subrata Roy' - 44 Video Result(s)

'Subrata Roy' - 250 News Result(s)

  • Court Extends Stay of Proceedings Against Sahara Chief in Tax Case

    Court Extends Stay of Proceedings Against Sahara Chief in Tax Case

    The Delhi High Court on Monday extended till July 2 trial court proceedings against Sahara chief Subrata Roy, now lodged in Tihar Jail, in an income tax case for allegedly not filing returns for a group company for assessment year 2013-14.

  • Sahara Chief Subrata Roy's Bail Decision Delayed

    Sahara Chief Subrata Roy's Bail Decision Delayed

    In its bid to release Roy, Sahara has in the past made several attempts to raise the bail money using its overseas hotels.

  • Sahara Chief Subrata Roy To Stay On In Jail: 10 Facts

    Sahara Chief Subrata Roy To Stay On In Jail: 10 Facts

    Mr Roy has been held in jail for more than a year after Sahara failed to comply with a court order to refund crores of rupees it had raised in bonds deemed illegal.

  • Sahara Agrees to Pay Bail to Release Jailed Chief: Report

    Sahara Agrees to Pay Bail to Release Jailed Chief: Report

    Sahara, a sprawling conglomerate that ranges from media to property and Formula One racing, has agreed to pay the full $1.6 billion (Rs 10,000 crore) to release its jailed boss on bail, a lawyer for the company said on Friday.

  • Sebi Makes Fresh Bid to Find Sahara Investors for Refunds

    Sebi Makes Fresh Bid to Find Sahara Investors for Refunds

    Making a fresh bid to locate Sahara investors eligible for refunds, the Securities and Exchange Board of India (Sebi) has asked the bondholders of two Sahara firms to submit their claims along with the proof of investments.

  • Trinamool Congress Submits Account Details to CBI

    Trinamool Congress Submits Account Details to CBI

    Trinamool Congress (TMC), today, submitted documents to the CBI - three days after the agency re-sent a notice to the party seeking details of the its accounts.

  • Rescue Plan for Sahara in Doubt as Spanish Bank BBVA Denies Loan

    Rescue Plan for Sahara in Doubt as Spanish Bank BBVA Denies Loan

    A rescue plan for Sahara was thrown into disarray on Wednesday when Spanish bank BBVA SA denied offering a credit line to the bank, scuppering the conglomerate's claims it would use it to help secure bail for its jailed boss.

  • Court Issues Warrant for Subrata Roy's Appearance in Tax Case

    Court Issues Warrant for Subrata Roy's Appearance in Tax Case

    A Delhi court on Tuesday issued a warrant for the appearance of Sahara chief Subrata Roy, now lodged in Tihar Jail, in an income tax case in which he has been accused of not filing returns for a group company for assessment year 2013-14.

  • Sahara Gets Final Chance to Raise Funds Against Properties

    Sahara Gets Final Chance to Raise Funds Against Properties

    If Sahara fails to raise the cash, the top court warned "it will be left with no option but to appoint a receiver for selling your properties".

  • Big Decision Today Expected From Supreme Court on Sahara

    Big Decision Today Expected From Supreme Court on Sahara

    The Supreme Court will decide the future of conglomerate Sahara later on Monday, when it rules on whether time has run out for the controversial business empire to raise Rs 10,000 crore it needs to free its jailed chief.

  • Subrata Roy's Brother Resigns From Sahara Housingfina

    Subrata Roy's Brother Resigns From Sahara Housingfina

    Sahara Housingfina Corp promoter director Joy Broto Roy, brother of the group's jailed chief Subrata Roy, has resigned from the directorship of the company.

  • Sahara Given Last Chance to Raise Funds Against Properties

    Sahara Given Last Chance to Raise Funds Against Properties

    The court will appoint a receiver and auction the conglomerate's properties if it fails to submit a proposal to raise the funds, said a lawyer for the market regulator, which is seeking redress for millions of investors.

  • Trinamool Congress Announces Candidates' List for Kolkata Civic Polls

    Trinamool Congress Announces Candidates' List for Kolkata Civic Polls

    The Trinamool Congress on Sunday announced its candidates' list for Kolkata Municipal Corporation (KMC) polls, and declared that incumbent mayor Sovan Chatterjee would be the party's nominee for the post again if it returned to power.

  • 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...

Advertisement
Advertisement