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SC directs Sahara chief Subrata Roy to deposit Rs 600 cr by Feb 6  for remaining out of jail

SC directs Sahara chief Subrata Roy to deposit Rs 600 cr by Feb 6 for remaining out of jail

The Supreme Court on Monday directed Sahara chief Subrata Roy to deposit Rs 600 crore by February 6, 2017 for remaining out of jail.

Sebi to auction Sahara group's 5 more land parcels next month

Sebi to auction Sahara group's 5 more land parcels next month

Earlier, 13 properties were put on the block in October and their combined reserve price was about Rs 1,400 crore.

Ready with roadmap to deposit remaining Rs 12,000 crore by December 2018: Sahara group

Ready with roadmap to deposit remaining Rs 12,000 crore by December 2018: Sahara group

Embattled Sahara Group on Friday told the Supreme Court it was ready with a roadmap to deposit the remaining amount of Rs 12,000 crore in the SEBI-Sahara account by December 2018 to be refunded to the investors.

SC asks Subrata Roy to deposit another Rs 200 crore to remain on parole

SC asks Subrata Roy to deposit another Rs 200 crore to remain on parole

The Supreme Court on Friday asked Sahara Group chief Subrata Roy to deposit another Rs 200 crore by November 28, as it extended its interim order granting him parole till then.

Supreme Court hearing on Sahara refund case today

Supreme Court hearing on Sahara refund case today

The Supreme Court on Friday will hear a case involving Sahara Group chief Subrata Roy in connection with the matter related to the return of money to three crore investors.

 

Sahara taking "us for a ride", says Supreme Court

Sahara taking "us for a ride", says Supreme Court

The Supreme Court on Wednesday said it had been "taken for a ride" by the Sahara group by its past conduct and asked it to submit a roadmap for paying the balance amount of Rs 12,000 crore to SEBI

Supreme Court extends parole of Sahara chief Subrata Roy till October 24

Supreme Court extends parole of Sahara chief Subrata Roy till October 24

The apex court has also asked him to deposit Rs 200 crore with SEBI by then.

SC to hear Sahara chief Subrata Roy's plea for extension of interim parole today

SC to hear Sahara chief Subrata Roy's plea for extension of interim parole today

The apex court earlier on September 23 ordered that Subrata Roy should be taken into custody till October 3, but in a reprieve stayed his arrest till September 30.

SC cancels Sahara chief Subrata Roy's parole, sends him back to Tihar jail

SC cancels Sahara chief Subrata Roy's parole, sends him back to Tihar jail

The Supreme Court on Friday cancelled the interim arrangement and sent Sahara chief Subrata Roy and two others back to Tihar jail.

Repayments done from money with group companies: Sahara

Repayments done from money with group companies: Sahara

Hours after the Supreme Court asked it to disclose the source of its money, the Sahara Group on Friday said the money collected through optionally fully- convertible debentures (OFCD) were invested in various assets and the group companies made the money available when the need arose for making repayments to the investors.

SC asks Sahara Group to disclose source of money raised

SC asks Sahara Group to disclose source of money raised

Supreme Court on Friday asked the Sahara Group to come clean by disclosing its sources from where it had raised Rs 25,000 crore and paid its investors in cash, observing that it is "difficult to digest" as such a huge amount "cannot fall from the heavens."

SC tells Sahara to tell source of money refunded to investors

SC tells Sahara to tell source of money refunded to investors

The apex court told Sahara group that it is difficult to digest that so much money has been refunded in such a short span.

Sahara group owned Plaza hotel among top rated hotel residences globally

Sahara group owned Plaza hotel among top rated hotel residences globally

The iconic Plaza hotel of New York, owned by crisis-ridden Sahara group, has been named among the top rated hotel residences in the world.

Supreme Court extends Subrata Roy's parole; asks him to deposit Rs 300 crore

Supreme Court extends Subrata Roy's parole; asks him to deposit Rs 300 crore

In a new relief for Subrata Roy, the Supreme Court on Wednesday extended his parole to September 16 however directed him to pay Rs 300 crore by then if he wants to continue to stay out of jail.

Sahara rejects $1.3 billion offer, calls it attempt to lower price

Sahara rejects $1.3 billion offer, calls it attempt to lower price

Sahara group on Wednesday rejected a new USD 1.3 billion offer from a group of investors for its three prized overseas hotels, terming it a "devious attempt" to lower the price and disturb the sentiment of other bidders making "much higher" offers.

Sahara group gets $1.3 billion offer from new suitor for its 3 overseas hotels

Sahara group gets $1.3 billion offer from new suitor for its 3 overseas hotels

Scurrying for funds, embattled Sahara group has got a USD 1.3 billion offer from a new suitor for its three prized overseas hotels including the Grosvenor House and Park Plaza.

Relief for Subrata Roy: Supreme Court extends parole, approves Sahara-Qatar deal

Relief for Subrata Roy: Supreme Court extends parole, approves Sahara-Qatar deal

The Supreme Court on Monday extended till August 3 the parole granted to Sahara chief Subrata Roy on humantarian grounds following the death of his mother, with a strict condition that he will have to deposit the balance of Rs 300 crore, out of the Rs 500 crore promised by him.

Supreme Court extends Subrata Roy's parole till August 3, okays Sahara-Qatar deal

Supreme Court extends Subrata Roy's parole till August 3, okays Sahara-Qatar deal

In a relief to Sahara Group chief Subrata Roy, the Supreme Court on Monday extended his parole till August 3, 2016.

Sahara requests SC to extend indefinite bail to Subrata Roy, deposits Rs 200 crore

Sahara requests SC to extend indefinite bail to Subrata Roy, deposits Rs 200 crore

The Sahara Group deposited Rs 200 crore with the Supreme Court following its orders on Friday and sought the apex court to extend an indefinite bail to Subrata Roy and director Ashok Roy Choudhary.

Sahara to sell 3 overseas hotels to Qatar Investment for $1.6 billion

Sahara to sell 3 overseas hotels to Qatar Investment for $1.6 billion

Sahara and Qatar Investment Authority have drafted a share purchase agreement with the Qatar Investment seeking nod from the Supreme Court for the sale process for which it will file an application on Friday.