Satyam case: Ramalinga Raju, 9 others granted bail; court suspends their sentences

Last Updated: Monday, May 11, 2015, 18:38

In a sigh of relief to Satyam Computers founder B Ramalinga Raju and 9 others sentenced to 7 years rigorous imprisonment in the multi-crore accounting fraud, the Hyderabad Court on Monday granted them bail.

Sahara chief Subrata Roy may walk out of jail this week

Last Updated: Monday, May 11, 2015, 00:49

After more than a year at the Tihar Jail, beleaguered Sahara group founder Subrata Roy could walk out of jail this week after the company informed that Supreme Court that it was ready with a bank guarantee of Rs 5000 crore for the sumpremo's bail.

Sahara Group agrees to pay Rs 10,000 crore to ensure Subrata Roy`s bail

Last Updated: Friday, May 8, 2015, 19:02

The apex court on August 31, 2012 had said the group was required to refund Rs 24,000 crore with 15 percent interest in three months to the depositors.

Eros shares up over 4% as HC suspends Salman's sentence

Last Updated: Friday, May 8, 2015, 17:57

Shares of Eros International Media, the entity associated with Bollywood superstar Salman Khan, ended with over 4 percent gains after the Bombay High Court on Friday suspended the five-year sentence awarded to the actor in the 2002 hit-and-run case.

Sahara agrees to pay remaining amount to ensure Subrata Roy's bail

Last Updated: Friday, May 8, 2015, 16:45

Sahara Group said that it will pay the entire bail amount by next week.

Satyam case: Court to hear arguments on bail pleas today

Last Updated: Thursday, May 7, 2015, 09:03

A local court will take up on Thursday the appeals filed by Satyam Computers founder B Ramalinga Raju and nine others, seeking suspension of their sentences in the multi-crore accounting fraud in the erstwhile IT company.

Sahara says submissions to SC can't be subject of media trial

Last Updated: Wednesday, March 25, 2015, 20:13

Uncertainties loom large over embattled Sahara's fund raising plans even as the group today said that its proposed arrangements to raise money for release of its chief Subrata Roy cannot be subjected to public debate and speculative media trials.

SC gives three months time for Sahara for concluding deal

Last Updated: Monday, March 23, 2015, 16:27

Expressing "prima facie satisfaction", the Supreme Court today granted three months time to Sahara Group for selling its offshore properties for raising Rs 10,000 crore to ensure the release of its Chief Subrato Roy, who has been in jail for a year for non-refund of over Rs 20,000 crore to depositors.

Last chance to Sahara to negotiate deal for Subrata Roy's release: SC

Last Updated: Friday, March 13, 2015, 19:31

Sahara Group was Friday granted the third and last opportunity by the Supreme Court to g negotiate a deal for selling its offshore properties for raising Rs 10,000 crore to ensure the release of its Chief Subrato Roy, who has been in jail for a year for non-refund of over Rs 20,000 crore to depositors.

SC grants Sahara final chance

Last Updated: Friday, March 13, 2015, 15:57

The Supreme Court on Friday gave the Sahara group a third and final chance to negotiate its proposed deal for arranging money for the release of its chief executive, Subrata Roy from jail.

Coal scam: Court grants bail to three top officials of RSPL

Last Updated: Friday, March 13, 2015, 12:56

A special court on Friday granted bail to three top officials of Delhi-based Rathi Steel and Power Ltd (RSPL) in a coal scam case pertaining to alleged irregularities in allocation of Kesla North coal block in Chhattisgarh to the firm.