Sahara group looking to sell 42.5 per cent stake in F1 team for funds: Report
Sahara group looking to sell 42.5 per cent stake in F1 team for funds: Report

In October 2011, Sahara purchased 42.5% of Force India's shares for $100 million. 

Sahara plans to sell hotels, 42% share in F1 and 4 aircrafts for Subrata Roy's release
Sahara plans to sell hotels, 42% share in F1 and 4 aircrafts for Subrata Roy's release

For the interim bail of 67-year-old Roy, the court had put conditions like depositing Rs 5,000 crore in cash and a bank guarantee of equal amount and tough terms including payment of the entire Rs 36,000 crore including interest.

Subrato Roy in Tihar jail: Painful but stress free, says Sahara chief
Subrato Roy in Tihar jail: Painful but stress free, says Sahara chief

In jail for almost two years now, embattled Sahara group chief Subrata Roy says being confined to a prison cell with only basic amenities came as a "rude shock" and he has often wondered what "wrong" he has done.

SC to hear SEBI on appointment of Receiver in Sahara case
SC to hear SEBI on appointment of Receiver in Sahara case

Since Subrata Roy is in jail, the sale of properties can be done by appointing a Receiver.

Did Subrata Roy pay Rs 1.23 cr for special facilities in Tihar jail?
Did Subrata Roy pay Rs 1.23 cr for special facilities in Tihar jail?

Money can sure buy one all the possible luxuries and that is exactly whaMoney can sure buy one all the possible luxuries and that is exactly what the Sahara Group chief seem to have done in Tihar jail.t the Sahara Group chief seem to have done in Tihar jail.

SEBI seeks vendor for storage, web access to 20 crore Sahara docs
SEBI seeks vendor for storage, web access to 20 crore Sahara docs

In the high-profile Sahara case, regulator SEBI is looking for a server hosting vendor for the mammoth task of providing electronic data storage and web access services for a database of 20 crore scanned pages.

European corporate offers $5 billion to bail out Sahara
European corporate offers $5 billion to bail out Sahara

The Supreme Court on Monday sought a response from the beleaguered Sahara Group as to why a Receiver be not appointed to dispose of their properties to arrange Rs 36,000 crore paying its investors even as an European corporate offered to lend USD five billion to bail out the group's jailed chief Subrata Roy.

Relief for Sahara: US court rejects plea for attachment of two hotels
Relief for Sahara: US court rejects plea for attachment of two hotels

In a relief to Sahara, a US court has rejected a plea seeking to attach the Indian group's prized Plaza and Dream Downtown hotels here.

Sahara group welcomes court order on US hotels

The Sahara group Wednesday welcomed a US court's order that rejected the plea for attachment of its two hotels in New York and said it was "unfairly" dragged into a private dispute between two parties.

RBI cancels Sahara India's para-banking license
RBI cancels Sahara India's para-banking license

The notice cancelling its license to conduction financial business has been sent to the Kapurthala head quarter of the Sahara India.

Fresh trouble for Sahara Group; SC seeks reply on I-T return notice
Fresh trouble for Sahara Group; SC seeks reply on I-T return notice

In what could spell fresh trouble for Sahara chief Subrata Roy, the Supreme Court has asked the company to reply to the notice sent by Income Tax department.

HC extends stay on proceedings against Subrata Roy in IT case

Delhi High Court Tuesday extended till November 27 the stay on trial court proceedings against Sahara chief Subrata Roy, now in Tihar Jail, in an income tax case for allegedly not filing returns for a group company for the assessment year 2013-14.

Supreme Court extends facilities to Subrata Roy in jail

The Supreme Court on Monday extended till September 30 the special facilities given to Sahara chief Subrata Roy to facilitate communication for negotiating transactions to raise money to pay market regulator Securities and Exchange Board of India.

Not selling overseas properties: Sahara to Surpreme Court

Sahara Group Monday told the Supreme Court that it was not selling its three overseas hotels, Grosvenor House Hotel in London, the New York Plaza and Dream New York hotels and alleged that some entities are "looking to grab these properties".

Lalit Modi to help fund Sahara chief Subrata Roy's release from jail?

In what could come as a relief to Sahara chief Subrata Roy, Indian Premier League founder Lalit Modi has decided to step in to help the company and arrange sale of Sahara properties.

Two foreign firms move SC to buy Sahara's overseas hotels

Two private firms on Friday moved the Supreme Court expressing their willingness to buy Sahara Group's three overseas hotels, Grosvenor House Hotel in London, the New York Plaza and Dream New York hotels, which will help raise money for release of Subrata Roy from jail.

Supreme Court to consider auctioning off Sahara properties

The Supreme Court on Monday asked the Securities and Exchange Board of India (SEBI) to submit an application by September 14 seeking its approval to appoint a receiver to auction conglomerate Sahara`s assets and refund investors in the troubled group`s illegal bonds.

You are in jail by choice: SC to Sahara chief Subrata Roy

Jailed Sahara Group chief Subrata Roy's plea for his release on humanitarian grounds Monday evoked a sharp reaction from the Supreme Court which said "you are in jail by choice".

SEBI cancels Sahara's mutual fund licence

Sebi also directed Sahara Mutual Fund and Sahara Asset Management Company to stop accepting subscription from its existing or new investors with immediate effect.

Sebi cancels registration of Sahara Mutual Fund

The Securities and Exchange Board of India (Sebi) on Tuesday cancelled registration of Sahara Mutual Fund and ordered transfer of business to a new fund house.