Subrata Roy

Subrata Roy Must Pay Rs. 62,600 Crore To Stay Out Of Jail: Regulator SEBI

Business | Upmanyu Trivedi, Bloomberg | Friday November 20, 2020

The Supreme Court in 2012 ruled that Sahara group companies violated securities laws and illegally raised over $3.5 billion.

SEBI Demands Rs 62,600 Crore From Sahara In Supreme Court Petition

Business | Reuters | Thursday November 19, 2020

SEBI told the Supreme Court that Sahara had failed to comply with 2012 and 2015 court orders to deposit the entire amount it collected from investors along with 15 per centannual interest

Netflix Releases 3 Episodes Of "Bad Boy Billionaires" Amid Legal Tussle

India News | Reuters | Monday October 5, 2020

Netflix has partially released its much-awaited series on four Indian tycoons facing fraud allegations after a state court lifted an injunction over the weekend, a lawyer representing Netflix said on Monday.

Bad Boy Billionaires: India Released on Netflix, Minus Ramalinga Raju Episode

Akhil Arora | Monday October 5, 2020

Bad Boy Billionaires: India is finally available on Netflix in India and across the world, after a District Court in Bihar lifted its injunction. Three out of the docu-series' four total episodes are now streaming: Vijay Mallya, Nirav Modi, and Subrata Roy. The fourth episode, about amalinga Raju, isn’t available as that’s part of a separate in...

Why Isn’t Bad Boy Billionaires: India Out on Netflix?

Akhil Arora | Thursday September 3, 2020

Bad Boy Billionaires: India isn’t coming to Netflix just yet. Multiple Indian courts — including one in Bihar and another in Hyderabad — have issued a stay on the release of Bad Boy Billionaires: India, after petitions were filed by Subrata Roy and Ramalinga Raju.

No Relief For Netflix Web Series "Bad Boy Billionaires" In Supreme Court

India News | Reported by A Vaidyanathan, Edited by Anindita Sanyal | Wednesday September 2, 2020

Netflix failed to get any relief from the Supreme Court today for its new web series "Bad Boy Billionaires" which has been put on ice by a court in Bihar. "We are not granting relief. You should not have come here," Chief Justice Bobde said, advising Netflix to go to High Court if it wished to challenge the order of the Bihar court.

Supreme Court Exempts Sahara Chief From Personal Appearance In Investor Frauds Case

India News | Press Trust of India | Friday January 24, 2020

The Supreme Court on Friday exempted Sahara group chief Subrata Roy and two other directors from personal appearance till "further orders" in a case related to their alleged failure in depositing Rs 25,700 crore in the SEBI-Sahara account for returning investors' money.

Sahara Chief Subrata Roy Summoned By Supreme Court Over Unpaid Dues

India News | Press Trust of India | Thursday January 31, 2019

The Supreme Court on Thursday directed Sahara group chief Subrata Roy to appear before it on February 28 for failing to deposit Rs 25,700 crore in the SEBI-Sahara case for returning investors' money.

Sebi Orders Sahara To Refund Money Raised Via Debentures With 15% Interest

Business | Press Trust of India | Thursday November 1, 2018

Sebi said it came across the alleged irregularities relating to SICCL while it was investigating the other two companies.

F1: Sahara Force India Team Finds A New Owner

Reported by Sameer Contractor, Written by Sameer Contractor | Tuesday July 24, 2018

Billionaire Lawrence Stroll and father of Formula 1 driver Lance Stroll has reported to have bought the Sahara Force India F1 team. Stroll will be replacing its current owners Vijay Mallya, Subrata Roy and Michael Mol. Both Roy and Mallya have been embroiled in financial illegalities respectively, while the team hasn't been doing well financials, w...

Sahara's Aamby Valley To Be Auctioned In Parts, Says Supreme Court

Business | A Vaidyanathan | Wednesday February 7, 2018

There were no takers for the purchase of the entire township, said the official liquidator of Sahara's project.

Sahara Gets Relief, Fresh Hearing Ordered On Transfer Of Insurance Unit

Business | Press Trust of India | Thursday January 11, 2018

Irdai on July 28, 2017 had ordered the transfer of the life insurance portfolio of Sahara India Life to ICICI Prudential Life with a view to protect the interests of policyholders of the embattled life insurer.

Subrata Roy Wants To Sell Plaza Hotel Stake; Secret Backer Is Qatari Royal

India News | Miles Weiss, Bloomberg | Wednesday November 15, 2017

Billionaire Saudi Prince Alwaleed bin Talal has long been associated with New York's iconic Plaza Hotel, ever since he bought out Donald Trump over two decades ago.

Aamby Valley Auction: Only Two Potential Bidders Show Interest: Report

Business | Press Trust of India | Sunday September 17, 2017

The integrated hill city township spread over 6,761.6 acres is valued at about Rs 38,000 crore.

Supreme Court Cracks Down On Sahara's Subrata Roy: 10 Key Points

Business | NDTV Profit Team | Tuesday September 12, 2017

The court said that entertaining post-dated cheques dated November 11 would "tantamount to travesty of justice".