Kalanithi Maran

  • Aircel-Maxis case: A-G recommends chargesheet against Dayanidhi, Kalanithi Maran July 23, 2014

    New Delhi: There is more trouble brewing for the DMK in the Aircel-Maxis deal. Sources have told CNN-IBN that Attorney General Mukul Rohatgi has recommended filing a chargesheet against DMK leaders Dayanidhi Maran and Kalanithi Maran in the Aircel-Maxis case. The A-G has given his legal opinion to the Central Bureau...
  • SpiceJet launches another round of low fares for flyers from South India June 10, 2014

    Mumbai: Kalanithi Maran-promoted budget carrier SpiceJet on Tuesday announced another round of discounts, offering flyers fares as low as Rs 1,999 under a 'Monsoon Sale' scheme. The fresh round of discounted fares is applicable for three days starting today on all SpiceJet flights from eight cities in South India, the...
  • Sensex falls 68 points in choppy trade, Re remains a concern August 7, 2013

    Mumbai: In highly volatile trade, the S&P BSE benchmark Sensex ended lower for the second day on Wednesday, losing over 68 points on sustained selling by investors who fear RBI might take more tightening measures to support falling rupee. The 30-share Sensex lost 68.16 points, or 0.36 per cent, to close...
  • SpiceJet in talks with Tigerair for stake sale August 6, 2013

    Mumbai: No-frills carrier SpiceJet is in active discussions with Singapore-based budget carrier Tigerair for a possible stake sale even as they are set to sign a code share agreement soon, sources said. According to sources, SpiceJet promoter and media baron Kalanithi Maran may offload up to 24 per cent to Tigerair...
  • SpiceJet in 'advanced' stage of discussion for stake sale July 28, 2013

    Mumbai: Budget carrier SpiceJet is in advanced stage of discussion with a potential investor for stake sale and expects the negotiations to be concluded soon. "Discussions are going on with a foreign carrier. We hope to conclude these negotiations expeditiously," a source said. However, the sources refused to divulge any further...
  • Petition filed against Kalanithi Maran's Sun Group December 18, 2012

    Ayyappan of Sri Devar Pictures, who is a close aide of Sun Pictures former CEO Hansraj Saxena, on Monday filed a police complaint against Sun Group. Ayyappan was accompanied by Saxena when he came to the Chennai City Police Commissioner's office to meet Commissioner S George to register his complaint. According...
  • Kalanithi Maran can breathe easy now December 13, 2012

    The Madras High Court has directed the police not to arrest Sun Group chairman Kalanithi Maran, on a complaint filed by film director and producer Sakthi Chidambaram. In his complaint, Sakthi Chidambaram stated that he had entered into an agreement with Sun TV Network for telecasting Vijay starrer 'Kaavalan', for Rs...
  • Meet Kalanithi Maran, Hyderabad IPL team's new owner October 25, 2012

    New Delhi: Kalanithi Maran, owner of USD 2.8 billion (appx Rs 15,000 crores) Sun Group which Thursday won the Hyderabad franchise of the Indian Premier League, has come a long way from being a student leader in the prestigious Loyola college to turning into South India's biggest media baron. The 48-year-old...
  • Maran to get 5 pc stake hike in SpiceJet April 4, 2012

    Mumbai: No-frills airline SpiceJet on Wednesday said its shareholders had approved promoter Kalanithi Maran picking up an additional five per cent equity by infusing about Rs 100 crore in the company. The move will take the overall holding of promoters in the airline to 48.6 per cent. SpiceJet informed BSE that shareholders...
  • Kalanithi Maran to pump Rs 100 cr into SpiceJet March 3, 2012

    Mumbai: SpiceJet promoter Kalanithi Maran will pump Rs 100 crore into the airline by picking up an additional 5 per cent equity-a development that stands out in the industry that is going through turbulent times mainly due to rising fuel costs. The fund infusion by...
  • Meet India's 15 top paid CEOs February 8, 2012

    New Delhi: Naveen Jindal, the Chairman and Managing Director of Jindal Steel, is the top paid CEO in the country, with an income of more than Rs 67 crore per annum, according to data from Capitaline Database. Following Jindal is Kalanithi Maran, the Chairman & Managing Director of Sun TV Network....
  • 2G: CBI raids Maran, files FIR against him October 10, 2011

    Chennai: The CBI on Monday conducted raids at former telecom minister Dayanidhi Maran's residence in connection with the 2G spectrum scam. An FIR was registered against the Maran brothers - Dayanidhi Maran, Kalanidhi Maran, Ralph Marshall and T Anandakrishnan on Sunday, under the Prevention of Corruption Act. The CBI conducted searches in...
  • Evidence against Maran, CBI to file FIR soon? September 30, 2011

    New Delhi: Finding clinching evidence against DMK leader Dayanishi Maran in the Aircel-Maxis deal, the Central Bureau of Investigation (CBI) is all set to file an FIR against him and his brother Kalanithi Maran. It will be the first regular case to be lodged by the CBI as an outcome...
  • Sun TV shares fall as FIR against Maran likely September 29, 2011

    Mumbai: The shares of media major Sun TV, promoted by Kalanithi Maran, tumbled in Thursday's trade a day after the CBI told the Supreme Court that it would take a decision on bringing formal charges against his younger brother, Dayanidhi. The younger Maran, who was the communications minister from May 23,...
  • No involvement in 2G scam: Sun TV June 3, 2011

    Mumbai: Broadcasting firm Sun TV on Friday denied any involvement in the 2G scam and said allegations were being levelled to harm the reputation of the company and its promoters. There has been a steep fall in the prices of the company's shares possibly triggered by baseless allegations and rumours linking...
  • Maran to buy 37 per cent stake in SpiceJet June 12, 2010

    New Delhi: Media magnate Kalanithi Maran on Saturday entered into an agreement to acquire over 37 per cent equity in low-cost carrier SpiceJet. Under the agreement, Maran's aviation company Kal Airways would acquire a total of over 37 per cent stake from promoters - Wilbur Ross and his investment companies as...
  • Eclipse to elation for Sun TV in one year December 7, 2009

    In December 2007, the sun almost set on Kalanithi Maran’s media empire. The television mogul, who rose from a cassette magazine entrepreneur to a billionaire in just 16 years, had crossed the path of the most powerful political family in Tamil Nadu. The apparent trigger was a poll published in...