You are here:
Subrata Roy
#

Subrata Roy

Get Alerts

Articles

Investment vehicle eyes flagship Sahara hotels in $2 bn bailout for Subrata Roy

Jan 20, 2015

Investment vehicle eyes flagship Sahara hotels in $2 bn bailout for Subrata Roy

Roy has been held in a New Delhi jail for more than 10 months over Sahara's failure to comply with a court order to refund billions of dollars invested in outlawed bonds. #ThisisNext #Sahara Group #Supreme Court #Subrata Roy #Saransh Sharma #Mirach Capital Group
Expect Sahara to default on loan, get New York Plaza hotel at bargain, says Mirach Capital

Jan 20, 2015

Expect Sahara to default on loan, get New York Plaza hotel at bargain, says Mirach Capital

Saransh Sharma, a San Jose, California-based investor leading the rescue plan, told Reuters in an interview he doesn't think Sahara will be able to pay off the more than $1.5 billion it plans to borrow. #Bail #Sahara Group #Supreme Court #TheySaidIt #Subrata Roy #Sahara #mirach capital #Saransh Sharma
Realty co M3M pays Rs 300 cr advance to Sahara for Gurgaon land

Jan 14, 2015

Realty co M3M pays Rs 300 cr advance to Sahara for Gurgaon land

Realty firm M3M India today said it has paid Rs 300 crore as installment to Sahara group as part of the deal to buy 185 acres of land in Gurgaon for Rs 1,211 crore. #Bail #Supreme Court #SEBI #Tihar jail #Subrata Roy #Sahara #Gurgaon #Jodhpur #Ahemdabad #Vasai #M3M #Chauma
Allowing Subrata Roy to sell Sahara assets for his personal bail may not be right

Jan 14, 2015

Allowing Subrata Roy to sell Sahara assets for his personal bail may not be right

The way out will be to release Roy from jail after impounding his passport and simultaneously appoint a receiver for sale of assets #SEBI #Money laundering #Tihar jail #Subrata Roy #OFCDs #Sahara Pariwar
SC allows Subrata Roy back in Tihar jail conference room till 20 Feb

Jan 13, 2015

SC allows Subrata Roy back in Tihar jail conference room till 20 Feb

Jailed chief of Sahara conglomerate Subrata Roy has once again been provided with an AC conference room with services like internet and video-conferencing at the Tihar prison as per a Supreme court order to complete negotiations for raising funds for his bail. #Subrata Roy #Sahara #New York #Plaza Hotel #jail #Grosvenor House #mirach capital #Saransh Sharma
Relief for Roy as Miami's Mirach Capital to pump in $2 bn in Sahara

Jan 13, 2015

Relief for Roy as Miami's Mirach Capital to pump in $2 bn in Sahara

There's finally a glimmer of hope for the Sahara Group as Miami-based debt fund with special focus on distressed assets, turnarounds, Mirach Capital has decided to pump in $2 billion into the group. #Subrata Roy #Sahara #New York #Plaza Hotel #jail #Grosvenor House #mirach capital #Saransh Sharma
Deposited about Rs 11,500 cr with Sebi, says Sahara

Jan 09, 2015

Deposited about Rs 11,500 cr with Sebi, says Sahara

Referring to Sebi's two advertisements in newspapers inviting refund claims from investors, the group claimed that the regulator has received demand applications for Rs 20 crore only so far. #Business #RBI #Sahara Group #NewsTracker #Supreme Court #SEBI #Subrata Roy
SC allows Sahara to raise loans from abroad for Subrata Roy's release

Jan 09, 2015

SC allows Sahara to raise loans from abroad for Subrata Roy's release

The Supreme Court has cleared the way for embattled conglomerate Sahara to raise fresh loans totalling $1.05 billion using its overseas hotels, helping the group to fund the bail payment needed to release its jailed boss. #Reserve Bank of India #Subrata Roy #Sahara #SC
Year of the corporate jailbird: The six big felons who ruined the India Inc brand

Dec 25, 2014

Year of the corporate jailbird: The six big felons who ruined the India Inc brand

2014 was the year of the India Inc jailbird. We take a look at six of the most prominent business leaders who ended up behind bars and why #Business #Subrata Roy #Sahara #ListsEtc #India Inc #Jignesh Shah #William S Pinckney #SK Shah #2014 Year End #Year End 2014 #Top Stories
There are pics of Modi with Sahara chief, should he be arrested then, asks Mamata

Dec 15, 2014

There are pics of Modi with Sahara chief, should he be arrested then, asks Mamata

Appparently referring to photos of Mitra sharing the dais with Saradha Group chairman Sudipata Sen, who is now in judicial custody in connection with the scam, at a function, Banerjee said "if an image is a proof of criminal conspiracy, then the PM should be arrested for Sahara scam. #Mamata Banerjee #BJP #Narendra Modi #West Bengal #Subrata Roy #Sahara #TMC #Madan Mitra #Saradha scam