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Total 59 results found. Search for [ London Grosvenor House ]

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November 28, 2018

Mail Today Bureau
New Delhi, June 20, 2017
In a significant move, the Supreme Court on Monday allowed the Sahara group to sell its interests in London's Grosvenor House Hotel to GH Equity UK to collect funds for securing regular bail for its chief Subrata Roy in the case involving illegal collection of money from investors.

Mail Today Bureau
August 4, 2016
The extension came with a condition that he has to deposit Rs 300 crore with the Security and Exchange Board of India (Sebi).

New Delhi, July 27, 2016
Sahara group on Wednesday rejected a new $1.3 billion offer from a group of investors for its three prized overseas hotels, terming it a \"devious attempt\" to lower the price and disturb the sentiment of other bidders making \"much higher\" offers.

New Delhi, July 11, 2016
The Supreme Court on Monday extended till August 3 the parole granted to Sahara chief Subrata Roy on humantarian grounds following the death of his mother, with a strict condition that he will have to deposit the balance of Rs 300 crore, out of the Rs 500 crore promised by him.

New Delhi, June 13, 2016
The downgrade reflects Lodha's inability to reduce its leverage, as measured by net debt or adjusted inventory, to a level appropriate for its previous rating, the rating agency said in a statement.

March 29, 2016
Sahara, a household name in India as the former main sponsor of the national cricket team, has major hotels overseas including the Plaza in New York and the Grosvenor House in London, besides vast real estate assets in India.

New York, March 26, 2016
The billionaire investors David and Simon Reuben were reportedly earlier looking at a foreclosure auction in April to recover their facility which they had provided to Sahara Group to refinance an earlier loan from Bank of China that had overseas hotels of the Indian group as collaterals and cross collaterals.

Team BT
Delhi, February 10, 2016
Having seen various ups and downs in his life, Sahara Group founder, Subrata Roy, has decided to write his life experiences from within the walls of Tihar jail.

New Delhi, September 28, 2015
The hearing commenced with a new foreign company seeking permission to intervene in the matter saying that it was ready to lend around Euro 720 million (approximately Rs 5000 crore) to Sahara's Aamby Valley and needed time till October 15 to complete the agreement.

New York, September 16, 2015
Sahara has been dragged into the lawsuit filed by JTS Trading, which claims that it had proposed to partner Trinity and arrange loans from UBS to acquire the group's three overseas hotels.

Team BT
August 22, 2015
Newsmakers: Featuring Sundar Pichai, Subrata Roy, Lalit Modi, Anand Piramal, Yusuffali M.A. and Harsh V. Lodha.

New Delhi, August 17, 2015
The hearing also saw cropping up of the name of former Indian Premier League chief Lalit Modi allegedly rumoured to be brokering a deal to sell the US properties of Sahara Group.

New York, July 12, 2015
Sahara, along with Trinity & UBS, has been dragged into this $350 million (Rs 2,200 crore) lawsuit filed by Hong Kong-based JTS Trading Ltd

New York, June 22, 2015
In the lawsuit filed with the Supreme Court of the State of New York against Trinity, Sahara and UBS, JTS has now alleged that Trinity cut it off from the deal for direct negotiations with Sahara.

London, June 7, 2015
Billionaire brothers David and Simon Reuben are set to take over the crisis-hit Indian group's Bank of China loan for its three hotel properties - thus averting a 'default-triggered' sale of the iconic Grosvenor House hotel in London.

New Delhi, May 29, 2015
With its prized property, Grosvenor House, put on sale by lender Bank of China for a loan 'default', crisis-hit Sahara group on Thursday said it is not participating in any re-auctioning of the London hotel.

London/New Delhi, May 27, 2015
Bank of China put Grosvenor House under administration early in March for recovery of its loans, while Deloitte and realty consultant JLL have been mandated to find a buyer.

Jesus Aguado and Sumeet Chatterjee
Madrid/Mumbai, March 25, 2015
Spain's BBVA SA denied having any credit exposure to Sahara Group, just days after the group told the court it had a line of credit from the bank to secure bail for its boss Subrata Roy.

Aditi Shah
March 23, 2015
The SC last week gave Sahara a final chance to raise funds in order to bail out Subrata Roy. Roy was jailed after Sahara failed to comply with a court order to refund money to investors in a bond programme that was ruled illegal.

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