Subrata Roy

Jul 28, 2015 at 19:35 | Source: PTI
In a fresh crackdown on Saharas, regulator Sebi on Tuesday cancelled the registration of Sahara Mutual Fund saying it was no longer 'fit and proper' to carry out this business and ordered transfer of its operations to another fund house.
Jul 13, 2015 at 17:59 | Source: PTI
A competitive bidding took place before a Bench headed by Justice T S Thakur during the hearing on the issue related to arranging the money for the release of beleaguered group's chief Subrata Roy, who has been in jail for more than a year.
Jul 08, 2015 at 14:34 | Source: Firstpost.com
The Supreme Court's best option is thus to end the Sahara charade and put an official liquidator in place for the group to recover the dues. The SC has given Roy a long rope. Time to close the chapter.
Jul 07, 2015 at 18:48 | Source: CNBC-TV18
Caught up in a Rs 36,000 crore illegal bond sale, controversial homegrown conglomerate Sahara today told the Supreme Court it was not in a position to meet its repayment terms that requires it to pay back the money to depositors in 18 months.
Jun 19, 2015 at 13:24 | Source: PTI
Subrata Roy will, however, remain in jail as senior advocate Kapil Sibal appearing for him told the court that there was a difficulty in furnishing the bank guarantee of Rs 5,000 crore as one of the financial institutions had backed out.
Jun 08, 2015 at 09:22 | Source: PTI
In a major deal for Saharas, billionaire brothers David and Simon Reuben have acquired control of the crisis-hit Indian group's iconic Grosvenor House hotel here and the two US properties -- Plaza and Dream Downtown -- in a USD 850 million (Rs 5,500 crore) debt refinance deal, a media report said.
May 28, 2015 at 08:21 | Source: PTI
In an interesting turn of events,crisis hit Sahara has entered the fray for buying its own Grosvenor House hotel, which was put on sale by its lender Bank of China after a 'technical default'.
May 14, 2015 at 18:33 | Source: PTI
The Supreme Court on Thursday deferred a decision on conglomerate Sahara's bid for bail for its jailed boss in a long-running dispute over illegal bonds. It gave no date for a decision.
May 08, 2015 at 17:26 | Source: Reuters
Sahara, a sprawling conglomerate that ranges from media to property and Formula One racing, has agreed to pay the full $1.6 billion in bail to release its jailed boss, Indian television channels reported on Friday.
May 03, 2015 at 16:05 | Source: PTI
Making a fresh bid to locate Sahara investors eligible for refunds, capital markets regulator Sebi has asked the bondholders of two Sahara firms to submit their claims along with the proof of investments
Messages on Subrata Roy »

BSE/NSE Announcer

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Vintage Sec  

Vintage Securities Ltd has informed BSE that Mr. Subrata Roy, who was holding the position of Company Secretary in the Company has resigned from the services of the Company on June 10, 2014. His resignation came into effect from June 11, 2014.

2.22 PM Jul 4th 2014

BSE/NSE Announcer

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Vintage Sec  

Vintage Securities Ltd has informed BSE that Mr. Subrata Roy, who was holding the position of Company Secretary in the Company has resigned from the services of the Company on June 10, 2014. His resignation came into effect from June 11, 2014.

2.17 PM Jul 4th 2014

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Newsmakers  

Taxman seek Rs 5000 Cr as TDS; SC silent on selling overseas assets. Subrata Roy cornered?

5.56 PM Jul 3rd 2014

smallman

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MCX India  

Right, you are. The fate of JS would be something like Subrata Roy of Sahara, only difference here is that more or less equal amount of scam is seaized, so far I know. JS is not a `Superman` that too after being caught. His attempt would be to twist the matter taking advantage of provisions of Law

10.16 AM Jun 27th 2014

Business Talk  

Group chief Subrata Roy seeking modification of an earlier order asking him to pay Rs 5,000 crore (Rs 50 billion) in cash besides a bank guarantee of an equivalent amount for securing his release. All would be waiting to see if Mr Roy will be getting a favorable nod from the court this time.

4.38 PM Jun 13th 2014

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Will Subrata Roy get a bail anytime soon?

10.16 PM Jun 11th 2014

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Sell assets to get bail says SC to Subrata Roy. Will Sahara find buyers?

6.24 PM Jun 4th 2014

Business Talk  

surely subrata roy should be imprisoned for rest of his life, if his company fails to pay all the due.

5.00 PM May 22nd 2014

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Do you think Subrata Roy will get bail anytime soon?

8.12 PM May 17th 2014

bableesh

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Yes, it is very late but Jignesh Shah should be beaten to the bush to know the exact way how he did the scam in connivance with Thomas, Minister of Civil Supplies and how much money he has paid? He must be kept in the jail like Sahara Group Chairman, Subrata Roy till he pays out the money

11.19 AM May 8th 2014

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