NEW DELHI (Reuters) - India's highest court on Tuesday directed that the head of the Sahara conglomerate, Subrata Roy, remain in custody over the group's failure to comply with its orders to repay investors in an outlawed multi-billion-dollar investment scheme.
Roy, 65, was arrested on Friday after he did not appear last week at a Supreme Court hearing - which he says he missed to attend to his ailing mother - in its long-running battle with India's securities regulator.
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