Sahara Group
Sebi seeks vendor to store mammoth Sahara database
23 Nov 2015
Securities and Exchange Board of India is looking for a server hosting vendor for the mammoth task of providing electronic data storage and web access services for a database of 200 million scanned pages in the high-profile Sahara case
Supreme Court gives Sahara a month to file objections to auctioning its property
28 Sep 2015
The Supreme Court has given the troubled conglomerate a month's time to explain why a receiver should not be appointed to auction off its properties to refund investors in its illegal bonds
SC gives Sahara 18 months to repay Rs36,000-cr investor money
19 Jun 2015
The court asked Sahara to deposit the Rs36,000 crore in installments of Rs3,000 crore every two months, ie, in nine installments, from the date of release
Sahara clinches Rs5,500-cr debt deal for London, US hotels: report
08 Jun 2015
Billionaire brothers David and Simon Reuben are reported to have acquired control of Sahara Group’s iconic Grosvenor House hotel in London and two US properties in a $850-million debt refinance deal
Sahara bids to reclaim UK hotel as Subrata Roy remains in jail
27 May 2015
The Sahara group’s move comes at a time when the group has failed to raise Rs10,000 crore needed to bail out its boss Subrata Roy who has been in Tihar jail for the past 14 months
Sahara agrees to pay bail for chief Subrata Roy’s release: report
08 May 2015
The latest move follows several failed attempts by Sahara in the past to raise the bail money through sale or pledging of its overseas hotel properties in London and New York
