Bank Of China Put Grosvenor House

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Sahara's Grosvenor House put on sale; may fetch Rs 5,000 cr

In a fresh twist to crisis-hit Sahara Group's efforts to raise funds, its iconic hotel property Grosvenor House, estimated to be worth over Rs 5,000 crore (Rs 50 billion), has been put on sale......

Sahara enters the fray for its own Grosvenor House hotel!

Grosvenor House, a landmark property on Park Lane in London that was designed by acclaimed architect Sir Edwin Lutyens, was purchased by Saharas in 2010. In an interesting turn of events,......

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......

Rescue plan for Sahara in doubt as Spanish bank denies loan

A rescue plan for Sahara was thrown into disarray on Wednesday, when Spanish bank BBVA SAdenied offering a credit line to the bank, scuppering the conglomerate's claims it would use it to help......

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......

Rediff News

Bank Of China Put Grosvenor House

News for Bank Of China Put Grosvenor House

Sahara's Grosvenor House put on sale; may fetch Rs 5,000 cr

Sahara enters the fray for its own Grosvenor House hotel!

Sahara rejects $1.3-billion offer for 3 overseas hotels

Rescue plan for Sahara in doubt as Spanish bank denies loan

Sahara averts foreclosure auction of US hotel properties

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