March 26, 2026 02:54 pm (IST)
Follow us:
Sahara tells SC it found a lender
New Delhi, Nov 28 (IBNS): The Sahara Group has informed the Supreme Court that it has found a lender, willing to give the company a loan against its three hotels abroad. reports said.
The company has sought permission to transfer Rs 3070 crore in a Escrow account against these properties.
The apex court has in turn directed the group to deposit Rs 186 crore which has been raised by selling some properties in India.
Sahara chief Subrata Roy is in Tihar Jail after his arrest for allegedly defrauding investors of over Rs 200 billion.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
'India not a dalaal nation': Jaishankar at all-party meeting on concerns over Pakistan's mediator role in West Asia conflict
Thu, Mar 26 2026
Iran allows India, four other ‘friendly nations’ access to Strait of Hormuz amid West Asia conflict
Thu, Mar 26 2026
13 killed as bus, lorry collide and catch fire in Andhra Pradesh
Thu, Mar 26 2026
'Zero tolerance': ECI removes 7 CAPF personnel from Bengal poll duty for attending Iftar party
Wed, Mar 25 2026
'Someone dared to call my brother': CJI slams attempt to question his order, warns of contempt action
Wed, Mar 25 2026
Bengal polls: BJP releases 3rd candidate list, fields RG Kar victim's mother from Panihati
Wed, Mar 25 2026