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New Suitor Offers $1.3 Billion For Sahara's Overseas Hotels
Scurrying for funds, embattled Sahara group has got a USD 1.3 billion offer from a new suitor for its three prized overseas hotels including the Grosvenor House and Park Plaza.
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Sahara Wants US Court to Reject Attachment Plea for Plaza and Dream Downtown Hotels
Slapped with a $350 million lawsuit seeking attachment of its two prized hotels here, crisis-ridden Sahara has told a US court in New York that it has been wrongly dragged into a dispute between two entities over "a potential business relationship gone sour".
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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.
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Truth vs Hype: Did Sahara make Rs 20,000 crore 'vanish'?
What started off with the Supreme Court ruling as illegal an investor scheme by Sahara, has now escalated, with both the market regulator Securities and Exchange Board of India (SEBI) and, more recently, the Himachal Pradesh High Court asking the Enforcement Directorate whether there are charges of money laundering against the Lucknow-based group.
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Sahara group takes over New York's iconic Plaza hotel
The Indian flag is flying over a lot of prime Manhattan real estate these days. After the Taj group's acquisition of the Pierre on Fifth Avenue, it's now the turn of the Sahara Group, which has bought both the Plaza and a majority stake in the Dream Hotel.
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New Suitor Offers $1.3 Billion For Sahara's Overseas Hotels
Scurrying for funds, embattled Sahara group has got a USD 1.3 billion offer from a new suitor for its three prized overseas hotels including the Grosvenor House and Park Plaza.
-
Sahara Wants US Court to Reject Attachment Plea for Plaza and Dream Downtown Hotels
Slapped with a $350 million lawsuit seeking attachment of its two prized hotels here, crisis-ridden Sahara has told a US court in New York that it has been wrongly dragged into a dispute between two entities over "a potential business relationship gone sour".
-
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.
-
Truth vs Hype: Did Sahara make Rs 20,000 crore 'vanish'?
What started off with the Supreme Court ruling as illegal an investor scheme by Sahara, has now escalated, with both the market regulator Securities and Exchange Board of India (SEBI) and, more recently, the Himachal Pradesh High Court asking the Enforcement Directorate whether there are charges of money laundering against the Lucknow-based group.
-
Sahara group takes over New York's iconic Plaza hotel
The Indian flag is flying over a lot of prime Manhattan real estate these days. After the Taj group's acquisition of the Pierre on Fifth Avenue, it's now the turn of the Sahara Group, which has bought both the Plaza and a majority stake in the Dream Hotel.
