Black money: SIT recommends jail term for tax evaders

Last Updated: Wednesday, January 21, 2015, 11:27

The SIT on black money has recommended that tax evaders should henceforth be prosecuted as against the practice of letting them off in lieu of penalty.

Investment vehicle eyes flagship Sahara hotels in $2 bn bailout for Subrata Roy

Last Updated: Tuesday, January 20, 2015, 15:20

An investment vehicle expects to ultimately take control of landmark hotel assets like New York`s Plaza after the conglomerate fails to repay lenders.

Sahara chief Subrata Roy back in special facility at Tihar

Last Updated: Tuesday, January 13, 2015, 17:04

Jailed chief of Sahara conglomerate Subrata Roy has once again been provided with an AC conference room with services like internet and video-conferencing at the Tihar prison as per a Supreme court order to complete negotiations for raising funds for his bail.

SC nod to Sahara to proceed with foreign loan transactions

Last Updated: Friday, January 9, 2015, 19:53

The Supreme Court on Friday allowed Sahara Group to go ahead with its proposed transactions for a loan of around US dollar 1,050 million from abroad for raising Rs 10,000 crores to ensure release of Subrata Roy from jail.

Supreme Court allows Sahara to raise loans from abroad

Last Updated: Friday, January 9, 2015, 17:24

The Supreme Court on Friday allowed Sahara Group to go ahead with its proposed loan transaction from abroad for raising funds to ensure release of Subrata Roy from jail.

SC permits Sahara to sell 4 properties worth over Rs 2700 cr

Last Updated: Tuesday, December 2, 2014, 20:51

The Supreme Court Tuesday permitted the Sahara Group to proceed with the sale of four domestic properties, which is likely to fetch Rs 2,710 crore, in its bid to raise Rs 10,000 crore for the release of its jailed chief Subrato Roy.

Sahara's fresh plea in SC for Subrato Roy's release

Last Updated: Friday, November 28, 2014, 21:02

Sahara Group on Friday came out another plea for the release of its jailed chief Subrato Roy before the Supreme Court which asked those involved in the negotiation processes for sale of its three offshore hotels to prove their bona fide in raising the money to get him out.

Sahara offers to pay Rs 10,000 crore as bail condition set by SC

Last Updated: Friday, November 28, 2014, 16:30

The SC also asked Sahara as to why it has not paid the amount till date despite the fact that close to Rs 140 crore has been obtained by the group.

TADA court orders Abu Salem`s transfer back to Taloja jail

Last Updated: Tuesday, January 28, 2014, 21:35

A designated TADA court on Tuesday directed the prisons department to transfer extradited gangster Abu Salem back to Taloja jail in Navi Mumbai from Thane jail where he has been lodged since November last year.