TECHNOLOGY
PARTNER
IN ASSOCIATION
WITH
PRESENTING
PARTNER
Nissan Logo
ASSOCIATE
PARTNER
ACC Logo NZ logo Cigna logo
You are here:
Subrata Roy
#

Subrata Roy

Articles

Sahara's Grosvenor House put on sale by Bank of China; may fetch Rs 5,000 cr

Mar 03, 2015

Sahara's Grosvenor House put on sale by Bank of China; may fetch Rs 5,000 cr

In fresh troubles for crisis-hit Sahara, its over Rs 5,000-crore worth Grosvenor House hotel has been put on sale by the lender Bank of China after a default, which the group attributed to certain "technical breaches". #World #India #Supreme Court #SEBI #Subrata Roy #Sahara #Bank of China #Grosvenor House
Sahara puts London-based Grosvenor House on sale, may fetch Rs 5,000 cr

Mar 03, 2015

Sahara puts London-based Grosvenor House on sale, may fetch Rs 5,000 cr

Grosvenor House, a landmark property on Park Lane here, is one of the three marquee hotels owned by Sahara outside India, the other two being Plaza and Dream Downtown in New York. #Sahara Group #CompanyWatch #Subrata Roy #Deloitte #Jones Lang LaSalle #Grosvenor House #dream downtown #The Plaza
Sahara's woes continue: Supreme Court asks it to explain diversion of funds

Feb 25, 2015

Sahara's woes continue: Supreme Court asks it to explain diversion of funds

Sahara Group landed in a soup again as the Supreme Court asked it to explain how it encashed securities, deposited with RBI, and diverted them to pay depositors to the tune of Rs 484 crore without the court's nod. #Sahara Group #NewsTracker #Supreme Court #Subrata Roy #SC #Supreme Court of India
Sahara's Subrata Roy fails to get hearing on special facilities

Feb 20, 2015

Sahara's Subrata Roy fails to get hearing on special facilities

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 TS Thakur failed. #Sahara Group #NewsTracker #Supreme Court #Subrata Roy
Sahara boss Subrata Roy wants 6 more weeks to work out a deal from Tihar jail

Feb 17, 2015

Sahara boss Subrata Roy wants 6 more weeks to work out a deal from Tihar jail

Subrata Roy on Tuesday asked the Supreme Court to let him use a high-tech office space inside New Delhi's Tihar jail complex for six more weeks, to talk to potential investors and raise $1.6 billion in bail, the lawyers told Reuters. #ToWhatEffect #Tihar jail #Subrata Roy #Sahara
RBI moves SC to stop Sahara from selling its assets to secure Roy's bail

Feb 14, 2015

RBI moves SC to stop Sahara from selling its assets to secure Roy's bail

It has asked the apex court to restrain Sahara India Financial Corporation Ltd (SIFCL) from utilising any of its assets, including securities, for paying dues to Sebi on the ground that SIFCL is a residuary non-banking financial firm and falls under its (RBIs) regulatory control. #Supreme Court #SEBI #Subrata Roy #Sahara #SIFCL #Sahara India Financial Corporation
Failed deal: Now Mirach Capital prepares lawsuit to hit back Sahara

Feb 13, 2015

Failed deal: Now Mirach Capital prepares lawsuit to hit back Sahara

This follows Sahara yesterday initiating legal action against Mirach for alleged "cheating and forgery" with regard to the deal that involved transfer of the Indian group's existing loans from Bank of China for three iconic hotels to a new set of investors. #Business #Sahara Group #Supreme Court #Tihar jail #CompanyWatch #Subrata Roy #Grosvenor House #dream downtown #The Plaza #mirach capital #Saransh Sharma
Sahara to sue Mirach for gross criminal conduct after deal collapse

Feb 13, 2015

Sahara to sue Mirach for gross criminal conduct after deal collapse

Indian conglomerate Sahara said on Thursday it was taking legal action against U.S.-based Mirach Capital Group after the collapse of talks between the two, intended to raise funds to pay the $1.6 billion bail of Sahara's jailed boss Subrata Roy. #Subrata Roy #Sahara #loan #Mirach
Sahara files lawsuit against Mirach for forgery, says new deal soon

Feb 12, 2015

Sahara files lawsuit against Mirach for forgery, says new deal soon

Sahara and Mirach were asked to finalise their deal by 20 February to help arrange funds for securing release of Roy and his two colleagues, who have been lodged in Tihar Jail for almost a year now. #Business #Supreme Court #CompanyWatch #Subrata Roy #Sahara #Bank of America #Bank of China #Grosvenor House #dream downtown #The Plaza #mirach capital
Here's why SC should set Subrata Roy free and take over Sahara properties instead

Feb 12, 2015

Here's why SC should set Subrata Roy free and take over Sahara properties instead

The SC has tied itself in knots over the way it has handled the Sahara case, where its boss Subrata Roy has been kept in jail for nearly a year for failing to cough up Rs 10,000 crore for bail. But the real issue is benami investors and properties #Supreme Court #SEBI #Subrata Roy #SIT #Sahara Capers #Benami Properties