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.
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'.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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