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Tihar jail

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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
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
Mirach says Sahara's 3 hotels can fetch a maximum of $1.67 bn

Feb 08, 2015

Mirach says Sahara's 3 hotels can fetch a maximum of $1.67 bn

As the blame-game continues over their floundered deal, US-based Mirach Capital has claimed that Sahara's three overseas hotels can fetch a maximum valuation of $1.67 billion (Rs 10,400 crore). #London #Tihar jail #Subrata Roy #Sahara #New York #Grosvenor House #dream downtown #The Plaza #mirach capital
Willing to buy Sahara's hotels but  loan offer off the table, says Mirach

Feb 06, 2015

Willing to buy Sahara's hotels but loan offer off the table, says Mirach

Denying "unfounded" allegations of forgery, the US-based Mirach Capital Group has asserted that it remains "ready, willing and able" to buy Sahara assets, but its loan offer was no longer on the table. #Tihar jail #Subrata Roy #Sahara #Saransh Sharma #Mirach
Mirach group cheated us with 'forged letter', will initiate legal action, says Sahara

Feb 06, 2015

Mirach group cheated us with 'forged letter', will initiate legal action, says Sahara

The Sahara-Mirach deal had taken a mysterious turn after Bank of America's disclosure that it was not the banker as claimed by Mirach in its proposed financing for Sahara. #Sahara Group #Supreme Court #Tihar jail #TheySaidIt #Subrata Roy #Bank of America #Saransh Sharma #Mirach Group
Tihar jail to IIT: Five reasons why Arvind Kejriwal and Kiran Bedi are similar

Jan 22, 2015

Tihar jail to IIT: Five reasons why Arvind Kejriwal and Kiran Bedi are similar

Bedi was literally BJP's trump card that has turned the election into a battle between her and Kejriwal. And while they may now be political rivals, there are a thing or two that are common between the two. Here are five such things. #Anna Hazare #BJP #kiran bedi #Tihar jail #Arvind Kejriwal #ListsEtc #India against corruption #AAP
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
Tihar inmates to receive life insurance coverage under Jan Dhan Yojna

Dec 21, 2014

Tihar inmates to receive life insurance coverage under Jan Dhan Yojna

Jan Dhan Yojna, launched by Prime Minister Narendra Modi on 28 August, aims at providing access to banking facilities to all the citizens of the country. #Narendra Modi #Delhi #NewsTracker #Tihar jail #Tihar #Life insurance #prisoners #Indian Bank #inmates #Jan Dhan Yojna
The fall and fall of Sahara: Timeline of the year Subrata Roy spent in jail

Dec 14, 2014

The fall and fall of Sahara: Timeline of the year Subrata Roy spent in jail

After dodging paying back investors over the year, Subrata Roy finally found himself behind bars and had a bad year. #Supreme Court #SEBI #Tihar jail #Subrata Roy #Sahara #Sultan of Brunei #2014 Year End