The three families have made an unconditional bid for the marquee assets, valid for 30 days, said Jesdev Saggar, managing director of 3 Ass...

Appearing for the group, Kapil Sibal promised Rs 300 crore more by August 3 and said group wanted to transfer to SC-created Sebi-Sahara acc...

Sahara Group has got time till June to avoid any foreclosure auction of two marquee hotel properties in New York by mortgage holders Reuben...

The group has been trying hard to raise funds including through refinancing of loans on these two hotels as also on the historic Grosvenor ...

Roy’s advocate Kapil Sibal said that the group had sold the Grosvenor House to the state of Qatar, who paid $726 million to the Royal Bank ...

Reuben Brothers will take over the loan portfolio of BoC and will have ‘First Charge’ over the hotels till Sahara clears the debt

With its prized property, Grosvenor House, put on sale for a loan 'default', Sahara group today said it is not participating in any re-auct...

"But because of cross collateralisation, loan on Grosvenor House Hotel also is being treated under default," a Sahara spokesperson said in ...

In a fresh twist to Sahara's efforts to raise funds, its iconic property Grosvenor House, estimated to be worth over Rs 5,000 cr, has been ...

Saransh Sharma, California-based investor leading the rescue plan, said he doesn't think Sahara will be able to pay off the more than $1.5 ...

Sahara was made initial offers of £1.2 -1.4 billion by these parties. One of the bidders was willing to pay £850 million for the Grosvenor.

At current valuations—which is 30% higher than when the hotels were acquired—Sahara will not only be able to pay off loans from Bank of Chi...

The Grosvenor House, a 494-room luxury hotel that was built in 1929, was the first of Sahara’s international acquisitions.

These Indian mega-rich are expected to spend another 500 pounds million on redevelopment in the next five years, said a report.

Subrata Roy said the property — which has 120 rooms, including 11 luxury suites, will be used by his business group as their UK headquarter...

Though UAE-based Abu Dhabi Investment Authority has emerged as the lowest bidder, Sahara has been identified as the preferred bidder.

Subrata Roy has made a bid for Marriott hotels, being sold by Royal Bank of Scotland for about 750 million pound, according to media report...