SC sets terms for Sahara chief Subrata Roy release from jail

A bench of justices T S Thakur, A R Dave and A K Sikri while pronouncing its order said, "We have accepted the format of bank guarantees", subject to certain conditions.

SC refuses to grant immediate bail to Sahara chief Subrata Roy

Sahara has to pay Rs 3,000 crore in nine installments post Roy's release. The Supreme Court has allowed Roy to use jail office for six weeks.

Rescue plan for Sahara in doubt as BBVA denies loan

Sahara told the Supreme Court this week that BBVA had agreed a 900 million-euro ($985 million) loan to Hong Kong firm Nouam Ltd.

Spain's BBVA denies credit line to bail Sahara chief Subrata Roy

Subrata Roy has been held in jail for more than a year after Sahara failed to comply with a court order to refund billions of dollars to investors in a bond programme that was ruled illegal.

Spanish bank BBVA denies credit exposure, relationship with Sahara Group

Spanish bank BBVA has no credit exposure or relationship with Indian conglomerate Sahara, a bank spokesman said on Wednesday.

Madan Mitra sent to CBI custody, Mamata says if image is proof, PM Modi should be held in Sahara scam

Madan Mitra sent to CBI custody, Mamata says if image is proof, PM Modi should be held in Sahara scam

West Bengal Chief Minister Mamata Banerjee launched a scathing attack on BJP and the Centre on Saturday over the arrest of state Transport Minister Madan Mitra by CBI in Saradha scam and said Trinamool Congress MPs will protest against it in Parliament from Monday.

Sahara chief Subrata Roy shells out Rs 31 lakh for Tihar's special facilities

Roy was allowed by the Supreme Court to use the jail's conference room to negotiate sale of his hotels in order to collect Rs 10,000 crore for his bail.

SC declines urgent hearing plea of Subrata Roy

The Supreme Court Friday declined to give an urgent hearing to the plea of jailed Sahara chief Subrata Roy seeking bail to attend the cremation and perform rituals relating to the death of his aunt.

Sahara case: Subrata Roy seeks 15 more days from SC to sell properties

Sahara Chief Subrata Roy told the Supreme Court that almost finalised deal to sell his three luxury hotels in New York and London has hit a roadblock and is on the verge of collapse and sought 15 days more time to sell the properties to raise Rs 10,000 crore to be deposited with SEBI to get bail.

Sahara Group seeks 15 working-days extension to hold negotiations on property sale

Subrata Roy was arrested over his group's failure to pay back thousands of investors who were sold bonds of over Rs 20,000 crore.

Subrata Roy shifted to conference room of Tihar Jail

A number of people including the staff of Sahara chief Subrata Roy on Tuesday visited him at the conference room of Tihar jail which has been declared "special jail" for negotiations with potential buyers of his overseas hotels to raise Roy's bail amount of Rs 10,000 crore.

Subrata Roy to be shifted to Tihar conference room today

Jailed Sahara chief Subrata Roy will move to a swanky conference room in Tihar prison on Tuesday where he will have facilities like video conferencing, Internet and phone so that he can negotiate with potential bidders for sale of his hotels abroad to raise Rs 10,000 crore for bail.

SC allows Subrata Roy to use conference room in Tihar

The Supreme Court on Friday allowed Sahara chief Subrata Roy to use the conference room in Tihar jail complex for ten days from August 5 to hold negotiations with potential buyers to sell his three luxury hotels in New York and London to raise Rs 10,000 crore to get regular bail.

SC gives 10 working days to Subrata Roy to negotiate sale of property

The Supreme Court on Friday gave 10 working days from Aug 5 to Sahara chief Subrata Roy to negotiate sale of off-shore property.

Supreme Court reserves order on Subrata Roy's bail plea

The Supreme Court on Friday reserved its order on the plea of Sahara Chief Subrata Roy, seeking parole for at least 40 days to sell his properties to raise Rs 10,000 crore to get bail.

Subrata Roy urges SC to release him on parole to sell properties

The bench asked SEBI to come out with suggestions on how to monitor selling of overseas property and posted the case for hearing on Friday.

SC to pronounce order today on fresh plea of Sahara chief Subrata Roy

The Supreme Court is likely to pronounce on Wednesday its verdict on a plea of jailed Sahara Group chief Subrata Roy seeking modification of an earlier order asking him to pay Rs 5,000 crore in cash besides a bank guarantee of an equivalent amount for securing his release.

Subrata Roy to remain in jail; calls it illegal, unconstitutional

Sahara chief Subrata Roy may have to remain in jail for at least another week because his lawyers say they are finding it difficult to immediately mobilise Rs 10,000 crores needed to get him and two directors out on bail.

Advocate who threw ink on Sahara chief sent to Tihar jail

The lawyer, who threw black ink at Sahara Group chief Subrata Roy was sent to Tihar jail by a Delhi court after he failed to get a surety for his bail.

Ink thrown on Subrata Roy's face in SC complex

Calling him "chor", man from Gwalior on Tuesday threw ink on the face of Sahara chief Subrata Roy when he was brought to the Supreme Court amidst chaotic scenes.