Apr 27, 2016 at 17:22 | Source: CNBC-TV18
The Supreme Court on Wednesday observed it is open to releasing Sahara Group's Subrata Roy, if the Securities and Exchange Board of India's (SEBI) plan to sell the group's 67 properties yields results, reports CNBC-TV18.
Apr 13, 2016 at 15:22 | Source: PTI
Sahara had in December 2014 sold a big land parcel at the outskirts of the national capital for Rs 1,211 crore to M3M India to raise funds in a bid to get its chief Subrata Roy released from jail.
Apr 11, 2016 at 22:04 | Source: PTI
During the lecture on Friday, Arvind Datar had said the Supreme Court had asked Sahara Group chief Subrata Roy not to leave the country when the issue related to a Mumbai property came up during one of the hearings.
Apr 08, 2016 at 19:44 | Source: PTI
To raise the bail money amount for the release of Sahara's chief Subrata Roy, Supreme Court has asked Sebi to initiate the process of selling 87 "unencumbered" properties of Sahara group, whose title deeds are with the regulator.
Mar 17, 2016 at 20:10 | Source: PTI
Beleaguered Sahara group seems headed for a fresh blow with the mortgage holders of its prized overseas hotel assets reportedly readying a billion- dollar auction for the iconic Plaza and trendy Dream Downtown properties here next month.
Feb 14, 2016 at 15:10 | Source: PTI
In this long-running case, the Supreme Court had ordered Sahara in August 2012 to deposit with Sebi over Rs 24,000 crore collected from nearly three crore investors through issuance of certain bonds.
Feb 03, 2016 at 07:50 | Source: Reuters
Sahara chief Subrata Roy was arrested in March 2014 after the group failed to comply with a court order to refund money raised from millions of small investors by selling them bonds later ruled to be illegal.
Feb 02, 2016 at 17:04 | Source: CNBC-TV18
In addition, Sahara Group has refinanced loans over New York Hotel with Russian government-owned bank and has submitted details of deal in a sealed cover.
Feb 01, 2016 at 16:45 | Source: PTI
The book titled 'Life Mantras' is the first of a trilogy 'Thoughts from Tihar' that Roy has penned while in judicial custody in Tihar Jail in connection with a long-running investor refund case, running into thousands of crores of rupees, with the markets regulator Sebi.
Dec 23, 2015 at 22:11 | Source: PTI
There were complaints that Sahara agents were forcing investors to transfer their money into the new credit cooperative schemes from older Sahara savings plans, another official said