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Airport Authority Threatens To Seize Sahara's Mumbai Hotel
In yet another blow to the beleaguered Sahara Group, the Airports Authority of India (AAI) has terminated the lease of the posh Hotel Sahara Star and threatened on Friday to seize the prime property situated outside Mumbai Airport.
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Qatar To Buy Sahara's New York Plaza Hotel For $600 Million: Source
The tiny but ultra-rich Gulf state of Qatar has agreed to buy one of New York's most iconic buildings, the Plaza Hotel, for around $600 million, adding a development that was once owned by U.S. President Donald Trump to its luxury property portfolio
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Sushil Kumar Modi Alleges Sahara Group Helped Lalu Yadav's Family Buy Property From Tata Group
Bihar Deputy Chief Minister Sushil Kumar Modi today alleged that the Sahara group helped Lalu Yadav and his family in buying a posh property from the Tata group through a shell company in Patna, a charge denied by the RJD.
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Get Sahara's Aamby Valley Auctioned, Supreme Court Tells Bombay High Court Receiver
The Supreme Court on Thursday directed official Receiver of the Bombay High Court to help the Liquidator in getting the Sahara Group's Aamby Valley property auctioned.
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Sahara Says Pact Signed For $1.6 Billion Loan On Aamby Valley
The statement came on a day when the Supreme Court directed the official liquidator to go ahead with the scheduled auction of Aamby Valley property in Maharashtra
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Sahara Hires Broker To Sell Iconic Plaza Hotel In New York
The sales process comes after Ashkenazy Acquisition Corp. acquired a stake in the hotel, giving it certain rights to buy the property, according to a person with knowledge of the situation.
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Sahara's Aamby Valley Up For Auction At Reserve Price Of Rs 37,000 Crore
In view of the huge quantum of properties to be disposed, the auction would be conducted in two phases spread over two days, the Official Liquidator said.
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Sahara Extends Bid Deadline For Its 30 Properties To May 20
The embattled Sahara group has extended the bidding deadline for sale of its 30 properties till May 20 as prospective buyers, which include Tatas, Godrej and Adani, have sought more time to complete due diligence.
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Sahara Chief Subrata Roy Ordered To Appear Before Supreme Court On April 28
The Supreme Court today asked Bombay High Court's official liquidator to sell the Rs 34,000 crore worth of properties of the Aamby Valley owned by the Sahara Group and directed its chief Subrata Roy to personally appear before it on April 28.
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SEBI vs Sahara India Case: Auction Aamby Valley, Says Supreme Court As Subrata Roy Fails To Pay Up
The Supreme Court has ordered that the Sahara's luxurious 8,900-acre Aamby Valley City near Pune be auctioned as the group's chief Subrata Roy has failed to deposit Rs 5092.6 crore with markets regulator SEBI to refund investors. The property in Lonavla is valued at Rs 39,000 crore.
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Will Auction Aamby Valley If Money Not Deposited: Supreme Court Tells Sahara
The Supreme Court on Thursday said if the Sahara Group fails to deposit Rs 5092.6 crore in SEBI-Sahara refund account by April 17 in pursuance of its order, it will be "compelled" to auction its property valued at Rs 39,000 crore at Aamby Valley in Pune.
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Sahara Properties To Be Auctioned At Rs 722 Crore Reserve Price
Tasked by markets regulator Securities and Exchange Board of India (Sebi) to sell land parcels of Sahara, HDFC Realty will e-auction on July 4 five properties owned by the beleaguered group at a reserve price of Rs 722 crore.
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Subrata Roy Will Not Survive Another Summer In Jail, Says Lawyer
The Supreme Court on Wednesday directed the Sahara group to furnish details of all its properties in a sealed cover to ascertain the fact as to whether they are sufficient for paying back the entire amount to the investors.
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For 10 Days, Jailed Sahara Chief Subrata Roy Can Stay in Conference Room
The Supreme Court has allowed Subrata Roy, the chief of the Sahara group of companies, to stay in and use the conference room at Delhi's Tihar Jail for 10 days while he negotiates the sale of his properties, including three hotels overseas.
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Sahara Is Big Pariwar, They Can Manage, Say Judges Refusing Bail For Jailed Chief
The Supreme Court today told the unlisted Sahara conglomerate that it can sell one of the premium properties it owns to furnish the Rs 10,000 crore that is needed to pay bail for its jailed chief, Subrata Roy.
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Airport Authority Threatens To Seize Sahara's Mumbai Hotel
In yet another blow to the beleaguered Sahara Group, the Airports Authority of India (AAI) has terminated the lease of the posh Hotel Sahara Star and threatened on Friday to seize the prime property situated outside Mumbai Airport.
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Qatar To Buy Sahara's New York Plaza Hotel For $600 Million: Source
The tiny but ultra-rich Gulf state of Qatar has agreed to buy one of New York's most iconic buildings, the Plaza Hotel, for around $600 million, adding a development that was once owned by U.S. President Donald Trump to its luxury property portfolio
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Sushil Kumar Modi Alleges Sahara Group Helped Lalu Yadav's Family Buy Property From Tata Group
Bihar Deputy Chief Minister Sushil Kumar Modi today alleged that the Sahara group helped Lalu Yadav and his family in buying a posh property from the Tata group through a shell company in Patna, a charge denied by the RJD.
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Get Sahara's Aamby Valley Auctioned, Supreme Court Tells Bombay High Court Receiver
The Supreme Court on Thursday directed official Receiver of the Bombay High Court to help the Liquidator in getting the Sahara Group's Aamby Valley property auctioned.
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Sahara Says Pact Signed For $1.6 Billion Loan On Aamby Valley
The statement came on a day when the Supreme Court directed the official liquidator to go ahead with the scheduled auction of Aamby Valley property in Maharashtra
-
Sahara Hires Broker To Sell Iconic Plaza Hotel In New York
The sales process comes after Ashkenazy Acquisition Corp. acquired a stake in the hotel, giving it certain rights to buy the property, according to a person with knowledge of the situation.
-
Sahara's Aamby Valley Up For Auction At Reserve Price Of Rs 37,000 Crore
In view of the huge quantum of properties to be disposed, the auction would be conducted in two phases spread over two days, the Official Liquidator said.
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Sahara Extends Bid Deadline For Its 30 Properties To May 20
The embattled Sahara group has extended the bidding deadline for sale of its 30 properties till May 20 as prospective buyers, which include Tatas, Godrej and Adani, have sought more time to complete due diligence.
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Sahara Chief Subrata Roy Ordered To Appear Before Supreme Court On April 28
The Supreme Court today asked Bombay High Court's official liquidator to sell the Rs 34,000 crore worth of properties of the Aamby Valley owned by the Sahara Group and directed its chief Subrata Roy to personally appear before it on April 28.
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SEBI vs Sahara India Case: Auction Aamby Valley, Says Supreme Court As Subrata Roy Fails To Pay Up
The Supreme Court has ordered that the Sahara's luxurious 8,900-acre Aamby Valley City near Pune be auctioned as the group's chief Subrata Roy has failed to deposit Rs 5092.6 crore with markets regulator SEBI to refund investors. The property in Lonavla is valued at Rs 39,000 crore.
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Will Auction Aamby Valley If Money Not Deposited: Supreme Court Tells Sahara
The Supreme Court on Thursday said if the Sahara Group fails to deposit Rs 5092.6 crore in SEBI-Sahara refund account by April 17 in pursuance of its order, it will be "compelled" to auction its property valued at Rs 39,000 crore at Aamby Valley in Pune.
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Sahara Properties To Be Auctioned At Rs 722 Crore Reserve Price
Tasked by markets regulator Securities and Exchange Board of India (Sebi) to sell land parcels of Sahara, HDFC Realty will e-auction on July 4 five properties owned by the beleaguered group at a reserve price of Rs 722 crore.
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Subrata Roy Will Not Survive Another Summer In Jail, Says Lawyer
The Supreme Court on Wednesday directed the Sahara group to furnish details of all its properties in a sealed cover to ascertain the fact as to whether they are sufficient for paying back the entire amount to the investors.
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For 10 Days, Jailed Sahara Chief Subrata Roy Can Stay in Conference Room
The Supreme Court has allowed Subrata Roy, the chief of the Sahara group of companies, to stay in and use the conference room at Delhi's Tihar Jail for 10 days while he negotiates the sale of his properties, including three hotels overseas.
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Sahara Is Big Pariwar, They Can Manage, Say Judges Refusing Bail For Jailed Chief
The Supreme Court today told the unlisted Sahara conglomerate that it can sell one of the premium properties it owns to furnish the Rs 10,000 crore that is needed to pay bail for its jailed chief, Subrata Roy.
