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sahara group india

Bigwig hospitality players open to management deals to limit debt exposure

Bigwig hospitality players open to management deals to limit debt exposure
Indian and international luxury hotel chains are apparently open to management deals to avoid getting into a debt trap. Highlighting the hospitality majors’ apparent preference for a contract route to limit debt exposure, Raymond Bickson – Managing Director of Indian Hotels Company – said that his company is ready to take over the management of [...] Continue Reading »

Sahara Group seeks extension for repayment of due from SC

Sahara Group seeks extension for repayment of due from SC
Sahara Group companies presented a new application to Supreme Court seeking extension of time till February 20 to submit documents related to debentures to SEBI. As Sahara group has a debt of over 22 million to repay to its investors and it looks like the only way the Sahara Group can repay its debt is [...] Continue Reading »



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