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Jailed New York Plaza owner to raise bail money from HSBC

Tuesday, March 17, 2015 - 05:50

Roy has been in a prison in New Delhi since March last year. Next court hearing is on March 23.

New Delhi

SAHARA India Pariwar, a financial services conglomerate, plans to raise funds from HSBC Holdings to help pay its founder's 100-billion-rupee (S$2.21 billion) bail.

Subrata Roy-controlled Sahara group told India's top court in New Delhi on Friday that it plans to raise 50

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