Tag: Sahara Group

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Cops foil Sahara boss’ Cuttack event fearing trouble

Sahara India chairman Subrata Roy’s scheduled meeting with agents and company officials in Cuttack as a part of his country-wide “Abhaar Yatra” was cancelled today after commissionerate police evacuated the meeting venue apprehending a law and order situation

  • Tuesday, 20 July 2021
SC allows Sahara to arrange bank guarantee to comply with court order

The Supreme Court yesterday allowed Sahara to arrange a bank guarantee of Rs.5,000 crore in the favour of the capital market regulator to comply with the conditions for the release of its chief Subrata Roy and two other directors who are in custody in Delhi's Tihar jail since March 4, 2014

  • Friday, 16 July 2021
Deal reached to sell Sahara's NY Plaza Hotel for $600 million: Reports

New York: A Dubai investment group and a New York real estate company have reached a deal to buy the majority stake owned by Subrata Roy’s Sahara Group in the New York Plaza Hotel for $600 million, according to media reports. The prospective buyers have seven weeks to close the deal, real estate newspaper Real […]

  • Wednesday, 07 July 2021
Sebi files contempt plea against Sahara over Aamby Valley auction

New Delhi: The Securities and Exchange Board of India (Sebi) on Tuesday filed a contempt petition against the Sahara Group accusing it of obstructing the auction of Aamby Valley project. A bench headed by Justice Ranjan Gogoi said that it will send the matter to the bench headed by Chief Justice Dipak Mishra who is […]

  • Tuesday, 06 July 2021
Sahara's Aamby Valley up for auction at Rs 37K cr

Mumbai: In a major setback to the Subrata Roy-owned Sahara Group, the Bombay High Court on Monday put up its prestigious Aamby Valley property in Maharashtra for a public auction. The Official Liquidator (OL) for the Aamby Valley City in Lonavala has put up a reserve price of Rs 37,392 crore, as part of efforts […]

  • Monday, 05 July 2021
Sahara Chief Subrata Roy
I-T seizes over Rs 135 cr cash, jewellery from Sahara group

The Income Tax department has claimed to have seized cash of over Rs 135 crore from the premises of Sahara group during its raids on its two premises in Delhi and Noida in connection with alleged tax evasion charges

  • Sunday, 27 June 2021
Mirach asks Supreme Court to let it buy Sahara assets

US-based Mirach Capital Group claims to have returned $2.625 million to Sahara Group and asked the Supreme Court to intervene and allow a sale of its assets to its "ready, willing, and able investors."

  • Monday, 21 June 2021
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