Mirach Capital

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).

New twist: Tender apology or pay $13 mn compensation, Mirach warns Sahara

There were no immediate comments from Sahara on this letter

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.

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.

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.