Sahara Group
Spain’s BBVA denies offering any credit line to Sahara
26 Mar 2015
A rescue plan for Indian conglomerate Sahara was again scuppered on Wednesday after Spanish bank BBVA denied offering a credit line to the group, as Sahara had claimed.
Sahara gets another 3 months to raise bail money for Subrata Roy
23 Mar 2015
The Supreme Court has allowed Sahara to sell 10 more properties in India to raise the Rs10,000 crore as the planned mortgage of its three overseas hotel properties is now estimated to yield only around Rs4,000 crore
SC gives Sahara last chance to raise money for Subrata bail
14 Mar 2015
The Supreme Court was threating to 'alienate' Sahara Group's propertie for takeover for sale, but give it a last chance to raise Rs10,000 crore to secure bail for its chief Subrata Roy
Bank of China takes control of Sahara’s Grosvenor House to recover loans
03 Mar 2015
Bank of China has appointed Deloitte to administer Sahara properties after "it defaulted on debts tied to the hotel", according to a report in the Daily Telegraph
SC admits RBI plea against Sahara; bars jail facilities for Roy
25 Feb 2015
The SC said that it had asked Sahara to pay the amount to the Securities & Exchange Board of India, and never directed it to repay investors directly
Mirach says Sahara deliberately blocking sale of assets
06 Feb 2015
Mirach, which was floated only weeks ago to facilitate a structured deal between unnamed investors and Sahara, alleged that members of the Sahara Group violated the exclusivity agreement
