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Sahara makes $600mn bid for NY Plaza

Sahara India Pariwar Ltd has made an unsolicited $600 million offer to acquire the landmark Plaza Hotel in New York, the Wall Street Journal reported. According to the paper, Sahara's offer values......

Savers in dark over Sahara's latest shadow banking schemes

Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering In 2004, Khitish Kumar Pandey took Rs 10,000 ($150) out......

US court rejects plea for attachment of Sahara hotels

In a relief to Sahara, a US court has rejected a plea seeking to attach the Indian group's prized Plaza and Dream Downtown hotels here. Hong Kong-based JTS Trading had approached the court seeking......

Sahara asks US court to reject attachment plea for hotels

Company has submitted before the court that the plaintiff is attempting to attach property that falls outside of the jurisdiction of the Court Slapped with a $350 million lawsuit seeking attachment......

Sahara says will defend lawsuit on US hotels sale

This lawsuit will have no bearing on its fund-raising exercise as a deal is already in final stages Facing a lawsuit in the US over sale of its overseas hotels, crisis-ridden Sahara on Thursday......

Controversies make IPL's stock soar

Despite all the controversies, the IPL's brand value hasn't diminished. Instead, says Harish Kotian/, the IPL made the BCCI richer by over Rs 3 billion! IMAGE: Chennai Super Kings......
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Real estate as collateral backing bad loans in India may be worth $45 billion

HDFC Realty has been approached to sell such property assets by three banks seeking to recover some of their bad loans, says CEO Vikram Goel The... ...

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