SAHARA

  • SC refuses to free Sahara's Subrata Roy from custody December 17, 2014

    New Delhi: The Supreme Court on Wednesday declined Sahara Group chief Subrata Roy's plea for release from jail along with his two other directors. The trio were taken into custody March 4 for non-compliance of Aug 31, 2012, order to return investors' money that Sahara's two real estate companies - Sahara...
  • SC defers verdict on Sahara plea to raise more debt on hotels December 17, 2014

    Mumbai: The Supreme Court on Wednesday deferred a verdict on embattled Sahara conglomerate's plea seeking permission to raise more debt on its three overseas hotels, crucial to secure bail for its jailed chief Subrata Roy. Sahara needs to deposit an initial $1.6 billion to secure bail for Roy, held in a...
  • Sahara awaits court verdict that may give jailed chief Subrata Roy freedom December 17, 2014

    New Delhi: Embattled conglomerate Sahara is readying for a court verdict on Wednesday that will determine if it can take on a new loan and refinance debt on its overseas hotels, including the Plaza in New York, to secure the release of its jailed chief. Sahara Chairman Subrata Roy has been...
  • Sahara to sell Mumbai, Jodhpur land parcels for Rs 1,251 crore December 7, 2014

    New Delhi: After selling land in Gurgaon for Rs 1,211 crore recently, Sahara group is believed to have finalised two more land parcels deals - one in Mumbai and another in Jodhpur - for over Rs 1,250 crore. Besides, talks are in final stages for sale...
  • To get Subrata out of Tihar, Sahara sells off Gurgaon land to M3M India for over Rs 1,200 crore December 4, 2014

    New Delhi: As it tries to raise funds for securing release of chief Subrata Roy from Tihar jail, Sahara group on Thursday sold a big land parcel in Gurgaon for Rs 1,211 crore to realty firm M3M India Ltd. The group is also believed to have clinched deals for sale of...
  • Sahara permitted by SC to sell 4 properties worth over Rs 2700 crore December 2, 2014

    New Delhi: The Supreme Court on Tuesday permitted the Sahara Group to proceed with the sale of four domestic properties, which is likely to fetch Rs 2,710 crore, in its bid to raise Rs 10,000 crore for the release of its jailed chief Subrato Roy. The court allowed the group to...
  • TMC likely to raise issue of BJP's Amit Shah alleged links with Sahara group in Parliament December 2, 2014

    New Delhi: The face-off between the Trinamool Congress and the Bharatiya Janata Party is expected to continue on Tuesday with the former raising the issue of BJP President Amit Shah's alleged links with the Sahara group. The winter session of Parliament has witnessed a stormy session since it commenced with...
  • TMC MPs demand CBI probe over alleged links of Amit Shah with Sahara group December 1, 2014

    The Trinamool Congress continue to up its ante against the Bharatiya Janata Party and have now demanded a Central Bureau of Investigation probe in the alleged links of BJP President Amit Shah with the Sahara group. TMC MP Derek O'Brien flashed a red diary in Rajya Sabha saying, "It was...
  • TMC MPs target BJP's Amit Shah over his alleged links with Sahara group December 1, 2014

    New Delhi: The war of words continue between the Trinamool Congress and Bharatiya Janata Party as both the parties are not missing a chance to target the other. The stand off between the two parties once again played out in Parliament on Monday as TMC MPs held protest outside the...
  • Sahara tells Supreme Court it will get a loan against its 3 hotels abroad November 28, 2014

    New Delhi: The Sahara group has informed Supreme Court that it has found somebody who is willing to give the company a loan against its three hotels abroad. The group has sought permission to transfer Rs 3070 crore in a Escrow account against these properties. SC has directed Sahara to deposit...
  • Sahara moves Supreme Court, seeks relief for Subrata Roy on deteriorating health condition November 25, 2014

    New Delhi: The Sahara group moved Supreme Court on Tuesday and appealed for relief for its chief Subrata Roy on his deteriorating health condition. The Supreme Court has said that they can only direct Tihar jail to give necessary treatment to Roy. The move comes a day after the Central Board of...
  • Bullet News: Catch the day's top stories November 24, 2014

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Palki S Upadhyay November 24, 2014

    Catch the day's top stories with Palki S Upadhyay on India @ 9. ...
  • News 360: SC slams BCCI over Srinivasan's conflict of interest November 24, 2014

    Wrapping on the knuckles of BCCI, the Supreme Court on Monday asked ICC Chairman N Srinivasan to address the question of conflict of interest as head of BCCI and also owner of the Indian Premier League (IPL) franchise Chennai Super Kings. ...
  • I-T seizes over Rs 135 crore cash, jewellery from Sahara group November 24, 2014

    New Delhi: The Income Tax department has claimed to have seized cash of over Rs 135 crore from the premises of Sahara group during its raids on its two premises in Delhi and Noida in connection with alleged tax evasion charges. Sources said that the department made one of its...
  • Delhi: CBDT raids Sahara properties in Noida and Greater Kailash November 22, 2014

    New Delhi: Central Board of Direct Taxes on Saturday morning raided Sahara properties in Noida and Greater Kailash in Delhi. The raids were conducted by Director-General of Income Taxes, Delhi. Sahara Chief Subrata Roy and two directors of Sahara group have been lodged in prison since early March for non-payment of...
  • Terrible weekend for Force India at US Grand Prix November 3, 2014

    Austin: Sahara Force India witnessed a terrible outing at the United States Grand Prix as both its drivers - Sergio Perez and Nico Hulkenberg retired early into the race because of varied reasons at the Circuit of The Americas here. While Perez suffered an accident in the first lap, Hulkenberg pulled...
  • Sahara eyes hedge fund support to secure Subrata Roy's release: Report October 12, 2014

    London: Sahara group is believed to be working on an over $1 billion debt refinancing deal with two American hedge funds for raising funds to secure release of its jailed chief Subrata Roy, a media report said on Sunday. The two funds would become financiers for over $1 billion (Rs 6,000...
  • Force India's Sergio Perez looking forward to Russian Grand Prix October 8, 2014

    Sochi: Force India driver Sergio Perez Tuesday said he is looking forward to the inaugural Formula 1 Russian Grand Prix to be held at the Sochi Autodrom on Sunday. "I'm really looking forward to the race in Sochi. It's a country that will be totally new for me and so it's...
  • SC declines urgent hearing plea of Sahara chief Subrata Roy October 3, 2014

    New Delhi: The Supreme Court on Friday declined to give an urgent hearing to the plea of jailed Sahara chief Subrata Roy seeking bail to attend the cremation and perform rituals relating to the death of his aunt. The application was mentioned by Roy's advocates at the residence of Chief Justice...
  • Subrata Roy moved back to jail, special facilities withdrawn October 1, 2014

    New Delhi: Sahara chief Subrata Roy on Wednesday was sent back to his cell in Tihar jail at the end of the period granted by the Supreme Court to stay at an air conditioned facility in the complex to negotiate sale of his overseas luxury hotels. The court had extended Roy's...
  • Bullet News: Catch the day's top stories September 8, 2014

    Bullet News is CNNIBN's nonstop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Bhupendra Chaubey September 8, 2014

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • News 360: J&K floods claim nearly 200 lives, massive rescue on September 8, 2014

    The situation in flood ravaged Jammu and Kashmir continues to be critical and all efforts are being made to pull out all victims from this situation. Even though Jammu region is back to normalcy, the situation remains critical in Kashmir. ...
  • SC gives Subrata Roy 15 more days to finalise sale of his hotels September 8, 2014

    New Delhi: The Supreme Court on Monday granted extension of concession to Sahara chief Subrato Roy. Roy, who has been lodged in the Tihar jail has been given 15 more days to to finalise sale of his three foreign luxury hotels. Roy had sought 15 working days to complete sale...
  • Sahara chief seeks 15 more days from SC to sell properties September 5, 2014

    New Delhi: Sahara Chief Subrata Roy told the Supreme Court that almost finalised deal to sell his three luxury hotels in New York and London has hit a roadblock and is on the verge of collapse and sought 15 days more time to sell the properties to raise Rs 10,000...
  • Sahara chief seeks 10 more days from SC to facilitate the sale of his hotels in NY, London September 5, 2014

    New Delhi: Sahara chief Subrata Roy has sought extension of the concession given to him for 10 more days. He is presently housed in the conference hall of the Tihar Jail to facilitate the sale of his hotels in New York and London. He said that he could not facilitate...
  • Sultan of Brunei bids for Sahara's New York and London luxury hotels: report August 18, 2014

    New York: The Sultan of Brunei has made a bid for New York's Plaza Hotel, Dream Hotel and London's Grosvenor House hotel, the Wall Street Journal's website edition reported on Saturday, citing people familiar with the situation. An investment firm affiliated with Brunei has offered to pay $2 billion for the...
  • From jail, Subrata Roy tries to sell the New York Plaza August 10, 2014

    New Delhi: It's hardly the $30,000 a night royal suite, but after five months in India's biggest jail, the owner of the New York Plaza and London's Grosvenor House is thrilled to be able to use a modest office as he tries to sell the iconic hotels. Indian tycoon Subrata Roy...
  • Subrata Roy shifted to conference room of Tihar Jail August 5, 2014

    New Delhi: A number of people including the staff of Sahara chief Subrata Roy on Tuesday visited him at the conference room of Tihar jail which has been declared "special jail" for negotiations with potential buyers of his overseas hotels to raise Roy's bail amount of Rs 10,000 crore. Sources in...