Jan 21, 2015 at 09:11 | Source: IBNLive.com
Saransh Sharma, a San Jose, California-based investor leading the rescue plan said he doesn't think Sahara will be able to pay off the more than USD 1.5 billion it plans to borrow to cover bail terms for Subrata Roy, one of India's most flamboyant businessmen.
Jan 13, 2015 at 11:47 | Source: CNBC-TV18
Mirach Cap has decided to take over Saharas Bank of China loan of USD 882 million and extend a loan worth USD 650 million to the group for a year with interest of 11 percent.
Jan 09, 2015 at 16:31 | Source: Reuters
The Supreme Court has set conditions on the fund raising, however, and on Friday asked Sahara to obtain necessary approvals from the Reserve Bank of India and other authorities to comply with foreign exchange rules.
Jan 01, 2015 at 19:33 | Source: CNBC-TV18
Sahara group patriarch - Saharasri Subrata Roy turned 66 this June. However it was a birthday spent behind bars in Tihar. The central jail which houses the most notorious and infamous, has played host to Subrata Roy for nearly 10 months now. Will this year offer Roy a ray of light?
Dec 17, 2014 at 17:17 | Source: CNBC-TV18
Sahara has claimed to have secured a junior loan of USD 650 million but Sebi has objected to that loan agreement citing FEMA violations.
Dec 07, 2014 at 15:01 | Source: PTI
After selling land in Gurgaon for Rs 1,211 crore recently, Sahara group is believed to havefinalised two more land parcels deals - one in Mumbai and another in Jodhpur - for over Rs 1,250 crore.
Dec 04, 2014 at 13:35 | Source: PTI
The 185-acre land in Gurgaon, with 12 million square feet built-up area, would be used for 'mix-use development' and has sales revenue potential of Rs 12,000 crore, M3M India Ltd said today while announcing the deal.
Dec 01, 2014 at 21:37 | Source: CNBC-TV18
With fund raising plans contingent on the apex court and market regulator Sebis nod, the group is watching with abated breadth for Tuesday's hearing.
Nov 28, 2014 at 16:23 | Source: CNBC-TV18
The Sahara counsel argued that the Bank of China loan has been taken over by another lender who has agreed to sanction a loan of Rs 3,700 crore
Nov 27, 2014 at 20:05 | Source: CNBC-TV18
The company is filing this application to allay buyers fears on future land seizures. The land parcels are located in Gurgaon, Vasai, Pune and Jodhpur.