BREAKING NEWS

India's supreme court orders Sahara chief to remain in jail

By REUTERS

MAY 6, 2014 09:34

India's Supreme Court on Tuesday ordered the chief of Sahara conglomerate to remain in jail over his company's failure to refund investors in an outlawed bonds scheme.

The court also rejected Sahara's latest proposal to pay, in installments, the 100 billion rupees ($1.7 billion) bail the court has asked for to secure Chairman Subrata Roy's release. The court also asked Sahara to make a new proposal.

Roy has been in a Delhi jail since March 4 after failing to appear at a contempt hearing in a long-running legal battle between his group and the Indian capital markets regulator.

Family of Turkish-American woman killed by Israel to meet Blinken

By REUTERS

12/11/2024 03:42 AM

Trump picks Ron Johnson as US ambassador to Mexico

By REUTERS

12/11/2024 03:23 AM

'I think we are closer than ever to a new deal,' Israeli Consul says

By MAARIV

12/11/2024 02:59 AM

Russia transported Assad in 'most secured way,' Russian Deputy FM tells

By REUTERS

12/11/2024 02:12 AM