Sahara India Pariwar expansion into the hospitality business expects revenue boost

Sahara India Pariwar is a well known India based company which is found and managed by Subrata Roy Sahara. He is a great entrepreneur and known for it good deeds for Indian society. Sahara India Pariwar has various business interests that include Housing finance, mutual funds, Life insurance, infrastructure and housing, media & entertainment, consumer products, information technology, tourism, real estate, city development, financial services, hospitality and many more. Sahara India Pariwar made its foray into the hospitality business with the acquisition of the once home of Duke of Westminster Royal Bank of Scotland, Grosvenor House in London. This hotel is located at upscale locality of park lane in Mayfair in London. It is one of the great achievements of Sahara India Pariwar.

Sahara India Pariwar acquired that hotel for 479 million pounds. The hotel is beautifully spread over an area of 4000 sq. meters and includes 420 rooms, 74 suits, 27 meeting rooms. This hotel also includes Europe’s largest and renowned hotel banqueting space, the Great Room. There are eight banquet halls in the hotel that can accommodate around 4500 people at a time. Sahara India Pariwar plans to add a number of restaurants, spacious night club, swimming pool, a spa with parlor, business centre and other facilities to the hotel.

According to Subrata Roy Sahara, “It is a great achievement which will help us to enhance international exposure. He believes that this investment would turn out to be a gigantic investment as London is holding Olympics in 2012.” The acquisition of Grosvenor house in London is the biggest success for Sahara India Pariwar because that way it is able to create its foot - hold in the international luxury hospitality sector.

Sahara India Pariwar also owns Hotel Sahara Star in Mumbai. It is a 5 star deluxe hotel-cum tourist hub which is spread over an area of 7.42 acres adjacent to the Chhatrapati Shivaji International Airport. There are 210 guest rooms, 13 suites and 9 restaurants at this hotel. The best part of this hotel is that it includes world’s largest pillarless clear to sky dome of its kind. At this hotel you will notice hemisphere shaped glass elevators, marine aquarium, inward and outward facing rooms, lagoon area, glass roof rooms and great parking space. This hotel is sound proofed because of the close proximity to the airport. Moreover, Sahara India Pariwar plans to establish 24 such hotels in across the India.

Sahara India Pariwar defies Securities Appellate Tribunal (SAT)

Sahara India Pariwar is very much in news in from last few months for violation of regulatory norms as claimed by Securities and Exchange Board of India (SEBI). However, things are getting better with the passage of time after Sahara India Pariwar moved to Securities Appellate Tribunal (SAT) regarding this matter. Earlier Sahara India Pariwar headed to the Ministry of Corporate Affairs for the protection from the allegation which was made by SEBI before heading to the Supreme Court.
Subrata Roy Sahara, chairman of Sahara India Pariwar wrote a letter to the Ministry of Corporate Affairs, requesting them to end taking any action against Sahara India Pariwar as long as its case is pending in the Supreme Court. Mr Veerappa Moily, Minister of Ministry of Corporate Affairs responded so well promising to do his best.
The disputed was that SEBI asked Sahara India Pariwar to refund Rs. 24000 crore to investors and Sahara India Pariwar raised over Rs. 19,400 crore from 2.21 crore investors, expressing it as a Private Placement whereas SEBI asked it to refund this money along with 15 percent penal interest. Later on Sahara India Pariwar headed to Supreme Court which asked it to approach the Securities Appellate Tribunal and SAT ordered Sahara India directing its two companies (Sahara India Real Estate Corporation which is now known as Sahara Commodity Services Corporation Ltd and Sahara Housing Investment Corporation) to refund Rs. 17,400 Crore to their investors.
Again Sahara India Pariwar moved to Supreme Court challenging Securities Appellate Tribunal (SAT) order on refunding Rs. 17,400 Crore that was raised from investors through financial instrument OFCD. Supreme Court directed its stay on the SAT order until its further directions. Sahara India Pariwar now has said that the two of its companies are ready to file affidavit giving details of their financial status and assured that the interest of the investors would be protected. Also Supreme Court has issued notices to the centre and SEBI for their response to Sahara’s plea against the SAT order.

Sahara Care House – a platform for NRI’s to reach out to their loved ones

Sahara India Pariwar is a well known India based organization which is headed by Subrata Roy Sahara. This India based company has diversified business interests that include Media and Entertainment, Real estate, Tourism and Hospitality, Finance and Trading, Mutual funds, Life Insurance, Information Technology, Sports, Film Production, City Development, health Care, Consumer products and more. Sahara care house which is an important part of Sahara India Pariwar was launched to help the Indian fraternity abroad to take care of their families and friends in India. They offer plenty of opportunities to such kind of people to reach out to their loved ones through a bunch of interesting activities in almost 197 cities across India. The aim of Sahara Care House is to provide wonderful personalized services to meet the needs of its customers worldwide and their families in India.
Sahara Care House has also organized organized Chandigarh carvinal in November 2008 for its members in India and for the families of its NRI members. This was a two day event which was thronged by hundred of Chandigarh citizens. The theme of this Carnival was Fun & Games. This event was successfully organized under the support of Samarthak Singh, Director, Chandigarh Tourism Board and Home Secretary, Chandigarh Administration Ram Niwas. The event attracted many people from the Chandigarh city and neighborhood areas.
According to Subrata Roy Sahara, “It was a great event and we feel delighted to work with Chandigarh Tourism Board. It would be difficult for us to present such colorful event without the help of Chandigarh Tourism Board. I sincerely thank Chandigarh Tourism Board for their cooperation. I feel delighted to be a part of Sahara Care House. “
The event became more meaningful by the presence of Diana Hayden. She was invited there to announce the winning name for the hitherto unnamed mascot of Chandigarh Carnival. The winning name of the event was selected through an interactive SMS process. This events has two musical nites and the performers were Bollywood star Shreya Ghoshal and internationally acclaimed band Sterio Nation. The laughter show was also the part of this carnival. The laughter show was presented by Khayali Saharan. Carnival also included an amusement park for children, food courts and many other cultural events.

Sahara India Pariwar initiative to create a benchmark in medical care in Asia by Sahara Hospital in Lucknow

Sahara Prime City Limited is a renowned real estate company of Sahara India Company. This company is indulged in developing residential and commercial buildings. Sahara Prime City Limited has constructed many township, group housing projects, hospitals, hotels etc. Sahara hospital in Lucknow is one of the popular projects of Sahara Prime City Limited. This hospital has created has created a benchmark in medical care in Asia with advanced, hi tech and multi disciplinary medical services. It is a 554 bedded hospital which is spread over an area of 27 acres. This hospital is designed in such a way to offer more than 52 specialties, super specialties and diagnostic modalities for complete diagnostics solutions.
This hospital is well equipped with the best experts, high end technologies, facilities, systems. This all makes it possible to provide all medical facilities under one roof. This hospital provides total and empathetic care of its patients and visiting guests. This hospital has a sincere Guest Relation Team which includes professionals from hospitality industry to guide visitors throughout the hospital. As this hospital is visited by different people from different regions of the country and international countries and in order to have ease in communication in their respective languages, GR team of Sahara Hospital includes multilingual executives. Moreover Sahara Hospital has Travel help Desk which makes it easy for patient to travel and stay.
Sahara hospital in Lucknow was inaugurated by Smt. Chhabi Roy, mother of Subrata Roy Sahara who is managing worker and Chairman of Sahara India Pariwar. According to Subrata Roy Sahara,” This hospital is launched to provide all medical facilities under one roof.” The hospital includes all the investigative services like Radiology, Pathology, Bronchology, Endoscopy, special diagnostic services, latest generation cardiac CT, functional MRI, Cardiac Cath Lab & Pathology Labs. All these services are available round the clock at Sahara Hospital.
Sahara Hospital of Sahara India Pariwar offers 40 major specialties like Neurology, Emergency & Trauma Care, Neurosurgery, Cardiology, Neurology, Cosmetology or Plastic surgery, Paediatric Surgery, Paediatrics & Neonatology, Neurosurgery, Paediatric surgery, Minimal Access Surgery, Nephrology, Clinical Immunology, Endocrinology, Urology, General Surgery, Endocrinology & Diabetology, Endocrine Surgery, Sports Medicine, Orthopaedics, ENT, Obstetrics & Gynaecology, Internal Medicine, Cardiothoracic Surgery, Gastro Surgery, Bariatric Surgery, Rheumatology, Clinical Haematology, ophthalmology, Anaesthesiology, Pulmonology, Pathology, Dermatology, Microbiology, Radiology, Microbiology, Psychiatry, Critical Care Medicine, Preventive Medicine, Surgical Oncology, Physiotherapy, Nutrition & Dietetics, Preventive medicine, Ayurveda and Panchkarma etc. This hospital is known to offer world class medical services.

Saharasri Subrata Roy Sahara honoured with Indian Business Icon of the Year Award

In a glittering ceremony at the Powerbrands Hall of Fame Awards function in London, Saharasri Subrata Roy Sahara, Managing worker and Chairman of Sahara India Pariwar has been honoured with Indian Business Icon of the Year Award for his entrepreneurship and achievements in various fields. This award was jointly presented to him by Priti Patel, Member of Parliament of the United Kingdom, Ruby Dhalla, Member of Parliament of Canada and Professor Arindam Chaudhuri at the Powerbrands Hall. The ceremony witnessed Lords and Member of Parliaments from the United Kingdom, business tycoons and icons from all walks of life including films stars from India and UK.
Subrata Roy Sahara said,” I am extremely delighted to receive the Indian Business Icon of the Year Award. It encourages me to perform even better in future. It’s been a very long journey from the time I started Sahara India Pariwar. I am happy that my efforts are beings appreciated.”
The event was started with a special message from David Cameron, the British Prime Minister which was ready by Caroline Nokes, Member of Parliament with Keynoted addresses from Priti Patel, British Indian Member of Parliament. The event was attended by some of India’s biggest business Icons and dignitaries such as Saharasri Subrata Roy Sahara, Sir Robert Worcester, Lord Meghnad Desai, Lord Bilimoria, Guy Kawasaki, Lord Swraj Paul, Canadian Politician Dr. Ruby Bhalla, British Member of Parliament Priti Patel, Siddharth Mallya, Dr. Rami Ranger, Vice Chairman & MD of JK Tyre & Industries Ltd – Dr. Raghupati Singhania, Ace F1 Racer Karun Chandhok, Actor & Director Farhan Akhtar, Director of Videocon Industries Ltd. Anirudh Dhoot, President of Park Avenue Shreyas Joshi, Chairman & MD Quattro BPO Solution Raman Roy, Ace Photographer Atul Kasbekar, Vandana Luthra, Joint MD of Kohinoor Specialty Foods Gurnam Arora, Chairman & Managing Director of Gitanjali Group Mehul Choksi, Chairman of Lycamobile Subas Allirajah, CEO of Lycamobile Milind Kangle and many others.

Sahara India Pariwar organized the Corporate Cup 09’ a 20-20 Cricket Tournament in Lucknow

Sahara India Pariwar is an eminent India based which is headed by Subrata Roy Sahara. This company has diversified business interests that include Real Estate, Finance, Mutual funds, Insurance, Tourism and Hospitality, Consumer products, Media and Entertainment and many more. Sahara Infrastructure and Housing, a part of Sahara India Pariwar is one of the leading real estate companies of India. This part of Sahara India Pariwar is involved in developing Sahara City Homes, townships across 217 cities in India.
Sahara City Homes organized Second Sahara City Homes Corporate Cup’ 20-20 tournament at the Cricket ground of Sahara City Homes in Lucknow. This cricket ground is a part of the Sahara City homes that offers one of the many amenities. This cricket tournament was organized for the different corporate. This was a knock out tournament and the matches were played only on weekend with 2 matches in a day. This tournament was a month long and included teams from leading corporate houses.
The match included 16 corporate teams and the teams were divided in two pools of 8 teams each. The participating organizations included in Pool A were NTPC, ICICI Bank, Vodafone, Northern Railways, Punjab National Bank (PNB), National Bank for Agriculture and Rural Development (NABARD), Central Warehousing Corporation (CWC) and Small Industries Development Bank of India (SIDBI). The participating organizations included in Pool B were HDFC Home Loans, Airtel, Kingfisher Airlines, Tata Motors, Hindustan Aeronautics Limited (HAL), Radio Mirchi, UP Irrigation Department and Central Excise Custom & Service tax.
Sahara City Home Corporate Cup 09 was won by the TATA Motors in a breathtaking final against ICICI Bank. TATA Motors was honored with the running winner Trophy by the Chief Guest, Mr. Abhijet Sarckar, Head- Corporate Communication, Sahara India Pariwar. Each player of TATA Motors was honored with a DVD player and each player of ICICI Bank was awarded with a clothing iron. The Man of the series of Corporate Cup 09’ was awarded with a color TV and all Man of the Match players were provided a toaster each. Best Bowler and Best Batsman were awarded with Microwave oven.
According to Subrata Roy Sahara,” It is a great initiative by Sahara India Pariwar for stressed out corporate. This tournament provided a platform to many corporate to take out some time from their busy schedules and uncover their cricketing talents. We wish to organize many other such events in the coming future as well”.

Sahara India Pariwar contribution towards social welfare

Sahara India Pariwar is a well known India based company which is headed by Subrata Roy Sahara. This company has different types of business interests that include infrastructure and housing, media and entertainment, consumer products, finance, mutual funds, trading, life insurance, housing finance and many others. Sahara City Homes, a part of Sahara India Pariwar is genuinely involved in social welfare from quite long time. Few months back, Sahara City Homes observed Shaheed Diwas of the Mahatma Gandhi at Sahara Shaher along with the families of the Martyrs of Kargil War, 26/11 Mumbai Terror Attack and Dantewada Massacre. From long time, Sahara India Pariwar is financially and emotionally supporting the families of martyrs who laid their lives for the country during the three worst attacks wreaked on the nation in the recent times.
Sahara India Pariwar provide great financial assistance to almost 298 families of martyrs, who showed the unparallel courage at the time when our nation was attacked. Sahara India Pariwar has almost provided over 20 Crores to those families. This ceremony was attended by 127 families of Kargil, Mumbai and Dantewada attack, Subrata Roy Sahara and other members of Sahara India Pariwar. The families of martyrs came from all across the country to be a part of this ceremony. The families along with Sahara India Pariwar paid tribute to the national heroes who lost their lives during the three worst attacks inflicted on the nation.
On this occasion, Subrata Roy Sahara said, “It is a great time to pay tribute to those martyrs who attained immortality through their great sacrifice of life during the major attacks inflicted on the nation. This ceremony is just a token of tribute to those martyrs from Sahara India Pariwar”. We are indebted to those brave martyrs who lost their lives in the terror attacks; therefore it is our responsibility to take full care of their families. We should pay great respect to the families whose brave sons have sacrificed their lives for the nation and its billions of people.
On the ceremony, Subrata Roy Sahara announced further financial help to the 301 children of 152 Kargil martyrs who are still below the age of 18 years till their adulthood. This is a great initiative by Sahara India Pariwar towards the Kargil Martyrs families where children are still small and due to financial problem families were not able to raise their children. This great contribution of Sahara India Pariwar towards social welfare of the country is worth praising.