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MIRACH CAPITAL
Sahara says submissions to Supreme Court can't be subject of media trialDue to the operation of confidentiality clause and the fact that the submissions have been made in the Court, it is not possible to say bey...- Mirach to file $400 million defamation suit against SaharaMirach stressed that it "continues to be proven" that its transaction with Sahara was to date the most likely to provide relief for the dis...
- Sahara's Grosvenor House put on sale; may fetch Rs 5,000 croreIn 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 ...
- Sahara employees face salary delays on liquidity crunchThe group has over 10 lakh full-time and part-time employees, including permanent staff at its various companies who get regular incentive ...
- Supreme Court allows RBI to act against Sahara GroupThe group also said it is open to selling the Aamby Valley project in Pune district. Sahara estimates the township project’s value at Rs 39...
- Supreme Court doubts Sahara's ability to raise 10,000 Crore for Subrata Roy bailRoy has previously been allowed the use of conference facilities at Tihar jail as he sought to sell three overseas hotel properties to help...
- Preparing legal action against Sahara: Mirach CapitalIn addition, the group is also preparing an official affidavit regarding the transaction with Sahara that will be sent to the apex court in...
- Mirach fiasco: Sahara initiates legal action; eyes new dealAccusing Mirach Capital of "cheating and forgery" in the failed $2.05 billion loan arrangement, Sahara today said it has initiated legal ac...
- SC may ask external agency to handle Sahara property saleThe top court suggested Naphade suggest names of entities that can sell such large properties to raise funds to free Roy, who has been in T...
- Mirach calls off Sahara loan deal, returns feesIn a statement, Mirach said it has remitted USD 2.625 million to the Sebi-Sahara Fund, while ending the proposed loan to Sahara Group.
- Mirach Capital says three Sahara hotels can fetch maximum $1.67 billionMarket experts, however, peg their current valuation at upwards of $ 2.2 billion, after taking into account the appreciation in their value...
- Tender apology or pay $13 million in compensation: Mirach warns SaharaIn a fresh twist to the alleged "forgery" saga, US-based Mirach today asked Sahara to make a "formal apology" for tarnishing its image.
- Mirach fiasco: Sahara explores fresh options to raise fundsSources said Sahara group has begun looking for new investors to garner necessary funds and the Mirach deal was off the table.
- Mirach Capital hits back at Sahara; offers to buy out overseas hotelsSharma steered clear of the issue of a Bank of America letter it furnished as guarantee of funds in an escrow account for Sahara.
- US-based Mirach Capital gave forged BofA-ML letter; to take legal action: Sahara GroupCrisis-hit Sahara group today said it has been "cheated" by Mirach Capital and would take all suitable legal action against the firm and it...
- Mysterious turn to Sahara's $2-billion deal, BofA denies any roleMirach Capital CEO Saransh Sharma said in reply to queries that a bank for the transaction has been identified, but did not divulge its nam...
- Investment vehicle eyes flagship Sahara hotels in $2 billion bailout for founder Subrata RoySaransh 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 ...
- Little-known Mirach Capital readies $2 billion bailout for Sahara's Subroto RoyMirach Capital Group LLC is trying to put together more than $ 2 billion that could result in bailing out Sahara Group honcho Subroto Roy f...
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