| The Sahara group on Monday sought the Supreme Court's clearance to its proposed sale of three overseas hotels to Qatar Investment Authority (QIA), which is part of Qatar's sovereign wealth fund.
Appearing for the group, senior advocate Kapil Sibal promised Rs 300 crore more by August 3 and said the group wanted to transfer to the SC-created Sebi-Sahara account Rs 200 crore (24 million pounds) already advanced to it by Kassiopeia Holdings Ltd over the deal relating to Grosvenor House Hotel in London...............................................Full Article: Source
|