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 ...
27 Feb, 2015, 12.47 PM IST
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...
25 Feb, 2015, 06.47 AM IST
Supreme Court refuses to hear Sahara plea on Mirach immediatelySahara has also moved the top court with a plea to extend special video-conferencing facilities again at Tihar jail to Roy to enable him to...
21 Feb, 2015, 04.17 AM IST
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...
18 Feb, 2015, 05.25 AM IST
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...
13 Feb, 2015, 08.52 AM IST
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...
13 Feb, 2015, 01.22 AM IST
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...
12 Feb, 2015, 04.12 AM IST
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.
11 Feb, 2015, 11.26 AM IST
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...
08 Feb, 2015, 02.49 PM IST
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.
07 Feb, 2015, 03.56 PM IST
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.
06 Feb, 2015, 07.53 PM IST
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.
06 Feb, 2015, 01.48 PM IST
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...
05 Feb, 2015, 10.15 PM IST
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...
05 Feb, 2015, 05.05 PM IST
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 ...
20 Jan, 2015, 06.36 PM IST
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...
17 Jan, 2015, 11.08 AM IST
The 40 years old Italian connection of IndiaThe presence of Finmeccanica in India goes back more than 40 years, to the early 70s when the group supplied 41 Sea King helicopters to the...
15 Feb, 2013, 07.34 AM IST