Sahara rejects $1.3-billion offer for 3 overseas hotels

The loan on Sahara's three hotels -- Grosvenor House in the UK and the two prime hotels in New York -- from Bank of China was 'cross collateralised and cross guaranteed'. Sahara group on Wednesday......

Sahara averts foreclosure auction of US hotel properties

The company has been given time till June by mortgage holders Reuben Brothers In a major relief, Sahara Group has got time till June to avoid any foreclosure auction of its two marquee hotel......

Sahara's Plaza, Dream Downtown hotels in US up for sale?

While there was no official word from Saharas, reports said that the two hotels can fetch up to $1 billion. Image: Reports said that the two hotels can fetch up to $1 billion. Photograph: Reuters......

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......