The Sahara Group today told the Supreme Court that it is willing to sell hotels located in New York and London to raise Rs 10,000 crore.

The company said this in response to the apex court asking it to come out with a proposal which is logical and acceptable to it on payment of Rs 10,000 crore for release of Subrata Roy.

Meanwhile, the apex court refused to allow a plea for putting Roy under house arrest in Lucknow instead of keeping him in Tihar jail.

(This article was published on May 19, 2014)
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