SUBROTO ROY

  • SEBI freezes Sahara accounts including Subroto Roy February 14, 2013

    New Delhi: The Securities and Exchange Board of India (SEBI) cracked down on the Sahara Group and on Wednesday froze accounts of Sahara India Real Estate Corporation and Sahara Housing Investment Corporation. Sources said that nearly 100 accounts, including that of promoter Subroto Roy, have been frozen. The crackdown comes as...
  • Sahara moves court against MCA over stadium in Pune January 8, 2013

    New Delhi: Sahara has moved Bombay High Court against Maharashtra Cricket Association for "wrongful termination of agreements" regarding various rights in respect of Subrata Roy Sahara Stadium in Pune and it had got an interim relief against MCA's move to cover the name of the stadium. Sahara claimed it had fulfilled...
  • Sahara Group buys stake in New York's iconic Plaza Hotel August 1, 2012

    The Sahara Group has agreed to buy a controlling stake in New York's landmark Plaza Hotel for $570 million, Elad Properties, an Israeliowned real estate company. ...
  • Dev Anand laid to rest amid rich tributes December 10, 2011

    London: Dev Anand, who ruled the hearts of millions of film enthusiasts for over six decades, was on Saturday bid a tearful adieu as his mortal remains were consigned to flames amid the tunes of some of his most memorable songs 'Abhi Na Jao Chor ke' and 'Gata Rahe Mera...
  • Sahara Parivar may invest in Kingfisher: Sources November 20, 2011

    New Delhi: Subroto Roy of Sahara Parivar may invest Rs 500600 crore in the cashstrapped Kingfisher airlines, sources said. The chairman of Kingfisher Airlines, Vijay Mallya on Sunday reached Lucknow to finalise talks for investment into Kingfisher airlines. Earlier this week, Kingfisher said its net loss for the September quarter doubled but...
  • 2G case: ED moves SC against Sahara Group CEO May 6, 2011

    New Delhi: The Enforcement Directorate (ED) on Friday moved the Supreme Court accusing Sahara Group CEO Subroto Roy of intimidating its officers investigating the 2G scam. ED has filed a criminal contempt petition in the Supreme Court that will come up for hearing before Justices GH Singhvi and Asok Kumar Ganguly...
  • TMC leaders to meet PM, discuss Bengal violence December 23, 2010

    New Delhi: A team of Trinamool Congress leaders will meet Prime Minister Manmohan Singh on Thursday evening and apprise him of the alleged deteriorating law and order situation in West Bengal. The delegation comprising of Mukul Roy, Dinesh Trivedi, Subroto Roy and Partha Chatterjee, will talk about the alleged misuse...
  • RBI moves SC on Sahara order, depositors wary June 6, 2008

    Lucknow: The Reserve Bank of India (RBI) has moved the Supreme Court challenging the Allahabad High Court's stay on its order asking Sahara India Pariwar's parabanking company from taking fresh deposits. The RBI had on Wednesday prohibited Sahara India Financial Corporation (SIFCL) from accepting any more deposits citing violation of norms...
  • Sahara reassures investors on RBI order June 5, 2008

    New Delhi: Popular nonbanking company, the Sahara Group has got a court stay order on an RBI directive that it must return investments made by the public. The company has 60 lakh investors and deposits worth Rs 20,000 crore. Even though the Group has managed to get a stay...