Tag: Sahara Group

Sahara Falls Deep Into Troubles: Delhi Investor Moves SC

A Delhi-based investor; requesting SC to give directions to redeem his investments, approached the Supreme Court last day. The move of the investor leads Sahara into deep troubles. Sahara falls from bad to worse situation as a Delhi-based investor approached the Supreme Court last day for gaining his investment dues. Though this is the first […]

SEBI File Criminal Charges against Sahara Group

Capital Market Regulator – SEBI filed criminal charges against Sahara Firms. Sahara officials said that they submitted the documents but the regulator refused to accept them. SEBI alleged Sahara Group that they have not followed the regulatory orders. Mr. Subrata Roy – Sahara Group’s Head, is alleged of neglecting the regulatory orders. As per the […]

Sahara and ICICI Bank targets Parsvnath’s prime land in Delhi.

Real estate major Parsvnath Developers may soon be able to reduce a significant chunk of its debt, thanks to certain corporate giants showing interest in buying a prime piece of property it owns in the national capital. The Sahara Group is engaged in discussions with Parsvnath to buy its commercial land near Connaught Place in […]

Indian Realty Tycoons struggles for U.K.’s Marriott Hotels.

The race to acquire 42 Marriott hotels in the U.K. put up for sale last year by the Royal Bank of Scotland seems to have entered a crucial stage. After attracting a host of potential investors, the three bidders in the final lap are reportedly all property groups with Indian connections. Until now, the front-runner […]