As part of the long effort to recover money from the Sahara Group, the Securities and Exchange Board of India (SEBI) is planning to outsource the Sahara property auction job, which could be worth nearly Rs 40,000 crore. The market regulator is in talks with SBI CAP Trustee Co and UTI Infrastructure Technology and Services […]
Sahara group Archive
April 2, 2015 9:00 am
Now Sahara Group have 90 days time to raise Rs 1,200 crore, says SC
On Monday, the Supreme Court gave a time period of 90 days to Sahara group to finalize the deal of its three hotels which includes abroad and domestic properties to raise the Rs 5,000 crore cash component of the bail condition for release of its owner Subrata Roy and its other two group directors. As […]
December 12, 2014 8:27 am
One more step for the release of Subrata Roy: Sahara sells Gurgaon land to M3M, worth Rs 1,211 cr
It is reported that Sahara group has sold a plot near Delhi-Gurgaon border, which is worth of Rs 1,211crore and M3M India has brought it, which is Gurgaon based real-estate developer. It is considered as the one more step to raise the funds for bailing out Subrata Roy, a chairman of Sahara India, as Supreme […]