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Court to hear IT case against Subrata Roy, others on July 14

Last Updated: Monday, June 1, 2015, 17:42

A Delhi court Monday fixed for next month the proceedings in an Income Tax case in which Sahara chief Subrata Roy, now lodged in Tihar Jail here, and others have been accused of not filing returns for a group company for 2013-14 assessment year.

Sahara enters fray for its own Grosvenor hotel!

Last Updated: Wednesday, May 27, 2015, 14:07

In an interesting turn of events, crisis-hit Sahara has entered the fray for buying its own Grosvenor House hotel, which was put on sale by its lender Bank of China after a 'technical default'.

HC extends stay of proceedings against Subrata Roy in IT case

Last Updated: Monday, May 25, 2015, 21:17

The Delhi High court Monday extended till July 2 the trial court proceedings against Sahara Chief Subrata Roy, now lodged in Tihar Jail, in an Income Tax case for allegedly not filing returns for a group company for the assessment year 2013-14.

SC reserves order on conditions relating to Subrata Roy's bail plea

Last Updated: Thursday, May 14, 2015, 16:26

The Supreme Court on Thursday reserved order on conditions relating to Sahara Chief Subrata Roy's release from jail.

US opposes Rajat Gupta's plea to reverse conviction

Last Updated: Saturday, April 4, 2015, 13:32

India-born ex-Goldman Sachs director Rajat Gupta's conviction on insider trading charges should not be thrown out as the government provided "overwhelming" proof against him for passing on illegal information in return for "expected potential pecuniary gains," US prosecutors said.

Court issues warrant for Subrata Roy's appearance in IT case

Last Updated: Tuesday, March 24, 2015, 19:20

A Delhi court on Tuesday issued warrant for the appearance of Sahara Chief Subrata Roy, now lodged in Tihar Jail, in an Income Tax case in which he has been accused of not filing returns for a group company for the 2013-14 assessment year.

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.

Black money: SIT to discuss new names; review old ones today

Last Updated: Monday, February 9, 2015, 11:59

The Special Investigation Team (SIT) on black money will hold a meeting today to discuss status of cases of Indians found to have been holding illegal accounts abroad and disclosures made by an international private investigation.

Tender apology or pay compensation: Mirach warns Sahara

Last Updated: Saturday, February 7, 2015, 15:37

In a fresh twist to the alleged "forgery" saga, US-based Mirach on Saturday asked Sahara to make a "formal apology" for tarnishing its image, failing which it warned of legal action and demanded over USD 13 million in compensation for breach of contract.

Mirach hits back at Sahara; offers to buy out overseas hotels

Last Updated: Friday, February 6, 2015, 10:06

Mirach further accused Sahara of repeatedly undermining a transaction for sale of its properties and said it "wasted" the time of its investors as also that of Sebi and the courts.

Mirach gave forged BofA letter, to take legal action: Sahara

Last Updated: Thursday, February 5, 2015, 23:58

Stung by a "forged letter" claiming USD 2-billion funding through Bank of America, crisis-hit Sahara group today said it has been "cheated" by US-based Mirach Capital and would take all suitable legal action against the firm and its officers.

Mysterious turn to Sahara's $2-billion deal; BofA says not a banker

Last Updated: Thursday, February 5, 2015, 14:19

Crisis-ridden Saharas' efforts to raise funds to secure bail for its chief Subrata Roy have taken a mysterious turn, with Bank of America refuting claims of it being the banker for a USD 2-billion financing package offered to the group by a US-based entity.