Sahara Conglomerate


'Sahara Conglomerate' - 30 News Result(s)

  • 2,000 Crores By Cheque, No Bouncing, Top Court Warns Sahara's Subrata Roy

    2,000 Crores By Cheque, No Bouncing, Top Court Warns Sahara's Subrata Roy

    Subrata Roy, the 68-year-old chief of the Sahara conglomerate will have to return to jail if he does not deposit 1,500 crores with the Supreme Court by June 15. The Sahara chief, who was arrested in 2014 and given bail last year, was present in court and told judges that he would furnish two cheques -one in June and the other in July- totaling abou...

  • Sahara Looks to Raise $650 Million Loan to Fund Bail

    Sahara Looks to Raise $650 Million Loan to Fund Bail

    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 investors in outlawed bonds.

  • Jailed Sahara Chief Asks to Leave Jail for Aunt's Funeral

    Jailed Sahara Chief Asks to Leave Jail for Aunt's Funeral

    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.

  • Sahara Chief Subrata Roy Given 15 More Days to Sell Hotels From Prison

    Sahara Chief Subrata Roy Given 15 More Days to Sell Hotels From Prison

    Subrata Roy, the jailed chief of Sahara conglomerate, has won 15 days more from the Supreme Court to use his makeshift office in prison to negotiate the sale of his group's trophy overseas hotels and raise $1.7 billion (Rs 10,000 crore) in bail money.

  • Sahara May Mortgage Iconic Hotels to Raise $1.7 Billion Bail for Jailed Chairman

    Sahara May Mortgage Iconic Hotels to Raise $1.7 Billion Bail for Jailed Chairman

    Sahara conglomerate would rather mortgage its trophy overseas hotel properties than sell them to raise the $1.7 billion, or Rs 10,000 crore, in bail money for its jailed chairman, a senior company executive told Reuters.

  • Sultan of Brunei Bids for Sahara's New York and London Luxury Hotels: Report

    Sultan of Brunei Bids for Sahara's New York and London Luxury Hotels: Report

    An investment firm affiliated with Brunei has offered to pay $2 billion for the three hotels, which are currently owned by the Sahara conglomerate, WSJ.com said.

  • Sultan of Brunei Bids for Sahara's Hotels in New York, London: Reports

    Sultan of Brunei Bids for Sahara's Hotels in New York, London: Reports

    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.

  • Jailed Sahara Chief Seeks More Time to Seal Hotel Deals

    Jailed Sahara Chief Seeks More Time to Seal Hotel Deals

    Mr Roy, chairman of the Sahara conglomerate, was initially given 10 days by the Supreme Court to talk to potential bidders for three hotels, including Grosvenor House in London and the New York Plaza, to raise Rs 10,000 crore for bail.

  • Jailed Subrata Roy Gets Office to Negotiate Hotel Sales

    Jailed Subrata Roy Gets Office to Negotiate Hotel Sales

    Roy, head of the Sahara conglomerate, was jailed on March 4 for failing to appear in court in a legal battle with India's capital market's watchdog. He needs to raise Rs 10,000 crore to have a chance of release.

  • Sahara Allowed to Sell Nine Properties

    Sahara Allowed to Sell Nine Properties

    Supreme Court on Wednesday once again rejected a bail plea by the chief of the Sahara conglomerate, who has been held in jail for three months over his group's failure to repay investors in outlawed bonds.

  • Sahara Is Big Pariwar, They Can Manage, Say Judges Refusing Bail For Jailed Chief

    Sahara Is Big Pariwar, They Can Manage, Say Judges Refusing Bail For Jailed Chief

    The Supreme Court today told the unlisted Sahara conglomerate that it can sell one of the premium properties it owns to furnish the Rs 10,000 crore that is needed to pay bail for its jailed chief, Subrata Roy.

  • In Sahara and Subrata Roy Case, a New Controversy

    In Sahara and Subrata Roy Case, a New Controversy

    Subrata Roy, the 65-year-old chairman of the unlisted Sahara conglomerate has been in jail in Delhi for two months over his group's alleged failure to refund lakhs of small investors in two outlawed bonds scheme.

  • Sahara chief Subrata Roy to stay in jail for now

    Sahara chief Subrata Roy to stay in jail for now

    Subrata Roy, the chief of the Sahara conglomerate, will have to remain in Delhi's Tihar jail for some more time as the Supreme Court, which was to hear Sahara's Rs 20,000 crore refund case tomorrow, has adjourned it without fixing the next day.

  • Subrata Roy to stay in jail, Supreme Court rejects Sahara's proposal as 'big insult'

    Subrata Roy to stay in jail, Supreme Court rejects Sahara's proposal as 'big insult'

    Subrata Roy, the 65-year-old head of the Sahara conglomerate, will remain in Delhi's Tihar Jail, where he was placed on Tuesday night, the Supreme Court said today, rejecting as "an insult" a proposal from the firm to repay thousands of crores to small investors.

  • Sahara chief Subrata Roy to stay in jail, says Supreme Court

    Sahara chief Subrata Roy to stay in jail, says Supreme Court

    Subrata Roy, the 65-year-old head of the Sahara conglomerate, will remain in Delhi's Tihar Jail, where he was placed on Tuesday night, the Supreme Court said today, rejecting as "an insult" a proposal from the firm to repay thousands of crores to small investors.

'Sahara Conglomerate' - 3 Video Result(s)

'Sahara Conglomerate' - 30 News Result(s)

  • 2,000 Crores By Cheque, No Bouncing, Top Court Warns Sahara's Subrata Roy

    2,000 Crores By Cheque, No Bouncing, Top Court Warns Sahara's Subrata Roy

    Subrata Roy, the 68-year-old chief of the Sahara conglomerate will have to return to jail if he does not deposit 1,500 crores with the Supreme Court by June 15. The Sahara chief, who was arrested in 2014 and given bail last year, was present in court and told judges that he would furnish two cheques -one in June and the other in July- totaling abou...

  • Sahara Looks to Raise $650 Million Loan to Fund Bail

    Sahara Looks to Raise $650 Million Loan to Fund Bail

    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 investors in outlawed bonds.

  • Jailed Sahara Chief Asks to Leave Jail for Aunt's Funeral

    Jailed Sahara Chief Asks to Leave Jail for Aunt's Funeral

    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.

  • Sahara Chief Subrata Roy Given 15 More Days to Sell Hotels From Prison

    Sahara Chief Subrata Roy Given 15 More Days to Sell Hotels From Prison

    Subrata Roy, the jailed chief of Sahara conglomerate, has won 15 days more from the Supreme Court to use his makeshift office in prison to negotiate the sale of his group's trophy overseas hotels and raise $1.7 billion (Rs 10,000 crore) in bail money.

  • Sahara May Mortgage Iconic Hotels to Raise $1.7 Billion Bail for Jailed Chairman

    Sahara May Mortgage Iconic Hotels to Raise $1.7 Billion Bail for Jailed Chairman

    Sahara conglomerate would rather mortgage its trophy overseas hotel properties than sell them to raise the $1.7 billion, or Rs 10,000 crore, in bail money for its jailed chairman, a senior company executive told Reuters.

  • Sultan of Brunei Bids for Sahara's New York and London Luxury Hotels: Report

    Sultan of Brunei Bids for Sahara's New York and London Luxury Hotels: Report

    An investment firm affiliated with Brunei has offered to pay $2 billion for the three hotels, which are currently owned by the Sahara conglomerate, WSJ.com said.

  • Sultan of Brunei Bids for Sahara's Hotels in New York, London: Reports

    Sultan of Brunei Bids for Sahara's Hotels in New York, London: Reports

    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.

  • Jailed Sahara Chief Seeks More Time to Seal Hotel Deals

    Jailed Sahara Chief Seeks More Time to Seal Hotel Deals

    Mr Roy, chairman of the Sahara conglomerate, was initially given 10 days by the Supreme Court to talk to potential bidders for three hotels, including Grosvenor House in London and the New York Plaza, to raise Rs 10,000 crore for bail.

  • Jailed Subrata Roy Gets Office to Negotiate Hotel Sales

    Jailed Subrata Roy Gets Office to Negotiate Hotel Sales

    Roy, head of the Sahara conglomerate, was jailed on March 4 for failing to appear in court in a legal battle with India's capital market's watchdog. He needs to raise Rs 10,000 crore to have a chance of release.

  • Sahara Allowed to Sell Nine Properties

    Sahara Allowed to Sell Nine Properties

    Supreme Court on Wednesday once again rejected a bail plea by the chief of the Sahara conglomerate, who has been held in jail for three months over his group's failure to repay investors in outlawed bonds.

  • Sahara Is Big Pariwar, They Can Manage, Say Judges Refusing Bail For Jailed Chief

    Sahara Is Big Pariwar, They Can Manage, Say Judges Refusing Bail For Jailed Chief

    The Supreme Court today told the unlisted Sahara conglomerate that it can sell one of the premium properties it owns to furnish the Rs 10,000 crore that is needed to pay bail for its jailed chief, Subrata Roy.

  • In Sahara and Subrata Roy Case, a New Controversy

    In Sahara and Subrata Roy Case, a New Controversy

    Subrata Roy, the 65-year-old chairman of the unlisted Sahara conglomerate has been in jail in Delhi for two months over his group's alleged failure to refund lakhs of small investors in two outlawed bonds scheme.

  • Sahara chief Subrata Roy to stay in jail for now

    Sahara chief Subrata Roy to stay in jail for now

    Subrata Roy, the chief of the Sahara conglomerate, will have to remain in Delhi's Tihar jail for some more time as the Supreme Court, which was to hear Sahara's Rs 20,000 crore refund case tomorrow, has adjourned it without fixing the next day.

  • Subrata Roy to stay in jail, Supreme Court rejects Sahara's proposal as 'big insult'

    Subrata Roy to stay in jail, Supreme Court rejects Sahara's proposal as 'big insult'

    Subrata Roy, the 65-year-old head of the Sahara conglomerate, will remain in Delhi's Tihar Jail, where he was placed on Tuesday night, the Supreme Court said today, rejecting as "an insult" a proposal from the firm to repay thousands of crores to small investors.

  • Sahara chief Subrata Roy to stay in jail, says Supreme Court

    Sahara chief Subrata Roy to stay in jail, says Supreme Court

    Subrata Roy, the 65-year-old head of the Sahara conglomerate, will remain in Delhi's Tihar Jail, where he was placed on Tuesday night, the Supreme Court said today, rejecting as "an insult" a proposal from the firm to repay thousands of crores to small investors.

  • Sahara chief Subrata Roy sent to Tihar Jail

    Sahara chief Subrata Roy sent to Tihar Jail

    Subrata Roy, the chief of the Sahara conglomerate, was unsuccessful today in convincing the Supreme Court that he is serious about refunding thousands of small investors for bond schemes that were declared illegal two years ago.

  • Sahara chief Subrata Roy sent to Tihar Jail till March 11

    Sahara chief Subrata Roy sent to Tihar Jail till March 11

    Subrata Roy, the chief of the Sahara conglomerate, has been sent to judicial custody till Tuesday next, when a case related to refunding investors will be heard again, the Supreme Court said today.

  • With folded hands, I ask you to save us: Sahara chief Subrata Roy in Supreme Court

    With folded hands, I ask you to save us: Sahara chief Subrata Roy in Supreme Court

    Subrata Roy, the chief of the Sahara conglomerate, told the Supreme Court today, "with folded hands, I am begging you to save us. Give us time," he urged, vowing that "every direction" of the court would be followed.

  • Who is Subrata Roy? 10-point cheat-sheet

    Who is Subrata Roy? 10-point cheat-sheet

    Subrata Roy, the chief of the Sahara conglomerate, will remain in police custody till the next hearing in a case related to refunding investors, the Supreme Court ruled on Tuesday. Roy was arrested on Friday after failing to appear at a Supreme Court hearing, which he says he missed to attend to his ailing mother.

  • Sahara victimised for years, but won't give up: Subrata Roy

    Sahara victimised for years, but won't give up: Subrata Roy

    Subrata Roy, the chief of the Sahara conglomerate, one of India's biggest corporate groups, has said he feels victimised by a chain-reaction of events that began with a political vendetta, followed by regulatory clampdowns by the Reserve Bank of India (RBI) and market regulator Securities and Exchange Board of India (SEBI).

  • Subrata Roy says has assets worth under Rs 5.5 crore

    Subrata Roy says has assets worth under Rs 5.5 crore

    Often described in media reports as a billionaire, the boss of the unlisted Sahara conglomerate said on Wednesday he had assets totalling roughly 5.5 crore rupees.

  • Not even offered cup of tea, says Sahara chief Subrata Roy after SEBI appearance

    Not even offered cup of tea, says Sahara chief Subrata Roy after SEBI appearance

    Subrata Roy, the chief of the Sahara conglomerate, one of India's biggest corporate groups, met with representatives of market regulator Securities and Exchange Board of India (SEBI) today in Mumbai to explain how the firm is refunding thousands of small investors, as ordered by the Supreme Court.

  • Not even offered a cup of tea, says Sahara chief after Sebi appearance

    Not even offered a cup of tea, says Sahara chief after Sebi appearance

    Subrata Roy, the chief of the Sahara conglomerate, one of India's biggest corporate groups, met with representatives of market regulator Securities and Exchange Board of India (Sebi) today in Mumbai to explain how the firm is refunding thousands of small investors, as ordered by the Supreme Court.

  • Sahara chief Subrata Roy meets with Sebi

    Sahara chief Subrata Roy meets with Sebi

    Subrata Roy, the chief of the Sahara conglomerate, one of India's biggest groups, has been summoned today by market regulator Securities and Exchange Board of India (Sebi) today. Sahara group officials have not commented on whether Mr Roy and other executives will follow orders to meet with Sebi.

  • Harried by SEBI, Sahara's Subrata Roy stands defiant

    Harried by SEBI, Sahara's Subrata Roy stands defiant

    Not every executive challenges his regulatory tormentors to a televised debate, but Subrata Roy, who heads Sahara conglomerate, is not your typical CEO.

  • Sahara gets more time to repay bond investors

    Sahara gets more time to repay bond investors

    The Supreme Court gave the Sahara conglomerate more time to repay billions of dollars it had raised from investors through bond sales that were later ruled to be illegal.

  • Supreme Court defers Sahara case hearing as company seeks more time to furnish refund details

    Supreme Court defers Sahara case hearing as company seeks more time to furnish refund details

    The Supreme Court of India deferred until Wednesday a hearing over the Sahara conglomerate's failure to meet the court's guidelines to repay billions of dollars it had raised from investors through bond sales that were later ruled to be illegal.

  • Sahara empire: It's massive, splashy ... and mysterious

    Like millions of Indians, Jag Ram Chaudhary invested with the Sahara conglomerate - 1,300 rupees a month in his case - to put away money for a rainy day.

  • Sahara: Massive, splashy ... and mysterious

    Sahara: Massive, splashy ... and mysterious

    Like millions of Indians, Jag Ram Chaudhary invested with the Sahara conglomerate - 1,300 rupees a month in his case - to put away money for a rainy day.

  • Sahara says all well after Supreme Court order on Rs 24,400 crore refund

    Sahara says all well after Supreme Court order on Rs 24,400 crore refund

    The Supreme Court on Friday ordered the Sahara conglomerate to refund Rs. 24,000 crore it had raised from millions of small investors, reaffirming an order from market regulator Securities and Exchange Board of India or SEBI, which had said the process violated rules.

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