Sahara Group
SC ticks off Sahara for not refunding Rs 24,000 crore
New Delhi: The Supreme Court on Wednesday pulled up Sahara group for not refunding Rs 24,000 crore to investors and said that Sahara chief Subrata Roy and directors of its two companies will have to
Sahara Group pulls out of IPL, Team India sponsorship
The scandal-hit IPL on Tuesday suffered yet another blow with the Sahara Group-owned Pune Warriors India withdrawing from the cash-rich event due to Board of Control for Cricket in India's (BCCI) decision to encash the team's bank guarantee following a prolonged financial dispute. Sahara, which bought the franchise for Rs 1,700 crore in 2010, said it was "disgusted" by the BCCI's attitude towards it and will not rejoin the league even if the entire franchise fee was waved off, giving a new twist to the already troubled league which has seen a spate of controversies since its inception.
Tribunal dismisses Sahara group appeal against Sebi
The Securities Appellate Tribunal today dismissed an appeal by two Sahara group firms against Sebi in the high-profile case involving refund of about Rs 24,000 crore with interest to about three crore
Sahara seeks review of SC verdict on refunding Rs 24k crore
The Sahara group on Friday moved the Supreme Court seeking review of the verdict ordering it to refund Rs 24,000 crore, raised from investors through Optionally Fully Convertible Debentures (OFCDs). C
SC directs Sahara Group to refund Rs 17,400 crore to investors
In a major setback to the Sahara Group, the Supreme Court on Friday directed two of its companies to refund around Rs 17,400 crore to their investors within three months with 15 per cent interest.
Sahara eyes stake in LA's Beverly Hilton: Report
Sahara Group is in talks with U.S.-based Oasis West Realty to buy a majority stake in the Beverly Hilton hotel in Los Angeles for about Rs 19 billion ($341 million), a major daily reported on Wednesda
Sahara Group to buy New York's Plaza Hotel: Report
Sahara Group is set to buy New York's landmark Plaza Hotel for $570 million, The Times of India reported on Tuesday.
The deal for the Plaza, the 105-year-old luxury hotel near New York's Central Park
Two phone calls that finally led to Sahara's pull-out
The relationship between Sahara Group and the Indian Cricket Board had turned from bad to worse in the past month but a ‘couple of not so cordial telephonic conversation’ between the owners of Pune Wa
SAT rejects Sahara appeals,orders refund of money to investors
Rejecting the appeals of Sahara Group companies, the Securities Appellate Tribunal (SAT) on Tuesday asked them to refund the money raised through Optionally Fully Convertible Debentures (OFCD) to inve
