Owners of Pune-based Serum Institute of India, the Poonawalla's have thrown the hat to acquire the iconic Grosvenor Hotel in UK from Sahara Group.
Initiating a major fare war on the international sector, private carrier Air Sahara on Thursday announced the launch of its flights to Kuala Lumpur and Singapore from May with an introductory round-trip fare of only Rs 10,000, which is even lower tha
Jet Airways is planning to float a new entity - Transjet - to house all Air Sahara flights, operations and staff.
The Tribunal, in its last hearing in Mumbai on March 23, decided to hold its final hearing in the matter here in the National Capital on March 26.
Sahara group confirmed the development but expressed ignorance as to why this action was being taken against it.
The Supreme Courts has pulled up Sahara Group and its chief Subrata Roy for not responding to the contempt plea filed against them by SEBI.
However, the court found fellow gang member Tariq Parveen guilty in the case.
Sebi chief U K Sinha questioned the credibility and feasibility of Shara's refund claims.
Chief metropolitan magistrate Vinod Yadav directed the Delhi Police to execute the warrant against Roy and four other company officials by February 9.
Stung by Sahara's pullout as sponsor of Indian cricket team and owner of IPL franchise Pune Warriors, the BCCI on Monday took a more re-conciliatory stand towards the aggrieved corporate giant, saying it was ready to sit across the table and sort out all the matters.
He wanted 15-day relief to attend aunt's cremation.
The apex court had earlier imposed a condition that Roy will be freed on bail only if he pays Rs 10,000 crore (Rs 100 billion) out of which Rs 5,000 crore (Rs 50 billion) has to be in bank guarantee and rest Rs 5,000 crore (Rs 50 billion) in cash.
As Sahara India chief Subrata Roy continues negotiations with potential investors to raise funds to secure his release from jail, a senior group executive has proposed a 'contribution scheme' to raise Rs 2,500-3,000 crore ( 25-30 billion) from two lakh members of its parabanking division.
The cost of such a project, say industry sources, could come to around Rs 100 crore.
A jewel fiesta happened courtesy the India Bullion and Jewellers Association at Sahar Star, Mumbai.
Sahara One Media & Entertainment Ltd said it will raise 50 million dollars through issue of equity shares or Foreign Currency Convertible Bonds in international markets.
Jet Airways, which has acquired Air Sahara for Rs 1,450 crore (Rs 14.5 billion), needs to shell out Rs 800 crore (Rs 8 billion) immediately to rejuvenate the loss-making airline and take charge of it.
The Directorate of Revenue Intelligence has booked cases at Mumbai and Delhi against private airlines Jet Airways and Air Sahara for non-payment of customs duty, the Lok Sabha was informed on Friday.
Sahara India Pariwar has made a $2-billion bid to buy the debt of struggling Hollywood studio Metro-Goldwyn-Mayer (MGM) Inc.
Sahara India on Thursday unveiled an ambitious housing scheme that envisages building 675,000 houses in 202 cities at an estimated cost of Rs 83,000 crore.
The guidelines would also enable the proposed merger of national carriers Air-India and Indian.\n
With Sebi insisting on getting cash payment of Rs 20,000 crore and interest, it might have to put some of these assets on sale.
The airline is offering a limited number of tickets, with the cheapest one coming at a 91 per cent discount provided passengers plan their travel 30 days or more in advance.
Sahara India was required to submit the title deeds of Rs 20,000 crore (Rs 200 billion) to the marker regulator as per direction of the Supreme Court.
Sahara India was required to submit the title deeds of Rs 20,000 crore (Rs 200 billion) to the marker regulator as per direction of the Supreme Court.
.jpg)
At the Kukrail guest house, Roy is under the watch of a DSP, three station officers and armed constables.
Jet has paid Rs 400 crore, which it was required to pay by April 20 to the promoters of Air Sahara. This marks the closure of the deal, company sources said.
India ranked 111th out of 125 countries in the Global Hunger Index-2023, which was rejected by the government as erroneous and having malafide intent. The index, released on Thursday, also stated that India has the highest child wasting rate in the world at 18.7 per cent, reflecting acute undernutrition. India ranked 107th out of 121 countries in the 2022 edition of the Global Hunger Index (GHI), a tool for comprehensively measuring and tracking hunger at global, regional, and national levels.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances