Subrata Roy, the boss of Indian conglomerate Sahara, is in a New Delhi prison on contempt-of-court charges and needs to post $1.6 billion in bail to get out. To help raise the money, Sahara is in talks to refinance its overseas hotels, including New York's Plaza.
In a glow of bonhomie, U.S. President Barack Obama and Indian Prime Minister Narendra Modi unveiled plans to unlock billions of dollars in nuclear trade and to deepen defense ties, steps they hope will establish an enduring strategic partnership.
In a glow of bonhomie, U.S. President Barack Obama and Indian Prime Minister Narendra Modi worked on a series of bilateral agreements at a summit on Sunday that both sides hope will establish an enduring strategic partnership.
In a fresh bid to make India an enduring strategic partner, U.S. President Barack Obama lands in New Delhi on Sunday for a highly symbolic parade and to nurture friendship with a prime minister who until last year was persona non grata in Washington.
