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Bank Of China Put Grosvenor House

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SC pulls up Sahara on source of money raised for investors

"Though we don't doubt the capacity of your client to pay crores of money to investors, that too in cash in two months, the entire explanation of the episode is difficult to digest," a bench headed......

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......

SC extends Sahara chief Subrata Roy's parole

Sahara Group got other much-needed relief with the apex court lifting its embargo of permitting it to sell only 19 properties. The Supreme Court on Monday extended till August 3 the parole granted......

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......

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