NEW DELHI (Reuters) - The Supreme Court of India has rejected an appeal by the Sahara conglomerate seeking a review of the court's order last year to repay billions of dollars it raised from small investors by selling outlawed bonds, according to an order posted on the court's website.
A spokesman for Sahara, one of India's biggest business groups and a household name through its sponsorship of the national cricket team, was not immediately available for a comment.
(Also read: Sahara - massive, splashy ... and mysterious, click here)
(Reporting by Devidutta Tripathy; Editing by Mark Potter)
Updated Date: Jan 10, 2013 00:31 AM