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Subrata Roy

Mar 05, 2015 at 17:31 | Source: CNBC-TV18
Of the amount raised from selling the jet, around USD 30 million is lying in the companys receiver account in the US and is to be paid to a Sahara subsidiary.
Mar 03, 2015 at 20:32 | Source: PTI
Grosvenor House, a landmark property on Park Lane here, is one of the three marquee hotels owned by Sahara outside India, the other two being Plaza and Dream Downtown in New York.
Mar 03, 2015 at 17:02 | Source: CNBC-TV18
Delloite has been offered the role of administrator and along with JLL has been tasked with selling the hotel.
Feb 17, 2015 at 18:15 | Source: Reuters
Subrata Roy on Tuesday asked the Supreme Court to let him use a high-tech office space inside New Delhi's Tihar jail complex for six more weeks, to talk to potential investors and raise USD 1.6 billion in bail, the lawyers told Reuters.
Feb 17, 2015 at 14:25 | Source: PTI
The apex court expressed concern about the payment of money to be made by Roy to secure his release from jail.
Feb 12, 2015 at 21:10 | Source: PTI
The crisis-hit group alleged that Mirach and its CEO Saransh Sharma's "criminal conduct and lack of financial capabilities to honour such huge commitments led to the breaking down of its deal with Sahara, leading to the loss of precious time, resources and position of Sahara".
Feb 12, 2015 at 16:43 | Source: Firstpost.com
The best thing to do is to set Roy free for a moderate amount of bail and instead arrest his properties. All his properties should be put under an administrator.
Feb 12, 2015 at 11:13 | Source: Reuters
Questions over Sahara's ownership of the properties could severely complicate the regulator's mammoth task of recouping what the Securities and Exchange Board of India (Sebi) estimates at USD 7 billion in cash invested in Sahara bonds, later deemed illegal, and the accrued interest.
Feb 07, 2015 at 15:55 | Source: PTI
Sharma also offered that Mirach can still go ahead with the USD 2.05 billion syndicate loan arrangement for Sahara, which needs funds to secure release of Roy from Tihar Jail, where he has been lodged for almost a year.
Feb 06, 2015 at 19:24 | Source: PTI
With the much-hyped USD 2-billion funding by Mirach falling apart over "forgery" allegations, Sahara has begun exploring fresh options to secure bail for its chief Subrata Roy, even as the US firm hit back claiming that the Indian group itself scuttled the deal.
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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