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Subrata Roy to remain in jail as Sahara struggles to find Rs 10,000 cr

Subrata Roy to remain in jail as Sahara struggles to find Rs 10,000 cr
Subrata Roy, the chief of the Sahara conglomerate, will remain in jail for at least another week because his lawyers say they are struggling to find the 10,000 crores needed for his bail. On Wednesday, Supreme Court judges asked Sahara to deposit Rs. 5,000 crore with the court and furnish a bank guarantee of another Rs. 5,000 crore with market regulator SEBI or the Securities and Exchange Board of India. Mr Roy, 65, was arres...
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