One of India's most prominent businessmen, Subrata Roy, turned himself in on Friday after the Supreme Court this week ordered his arrest for failing to appear at a hearing in a long-running dispute with the country's securities regulator.
Roy is chairman of Indian conglomerate Sahara, which has vast real estate holdings and interests in media companies and hotels, including the Plaza Hotel in New York and London's Grosvenor House. The unlisted company, which says it has a net worth of $11 billion, is also household name in India thanks to its sponsorship of the national cricket team.
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The court had issued an arrest warrant for Roy after he failed to turn up to a contempt hearing on Wednesday. A day later, police went to Roy's sprawling residence in the northern city of Lucknow, but could not find him.