The notice also alleges that the 2003 allotment of shares to Kalanithi Maran were done at face value of Rs 10 each although fair value of the said shares was anywhere between Rs 2,500 and Rs 3,000 at that time.
Sun TV's clarification came a day after Moneycontrol exclusively reported on the feud between its chairman Kalanithi Maran and his younger brother Dayanidhi Maran
DMK MP and former Union Minister Dayanidhi Maran sent a legal notice to his brother Kalanithi Maran, alleging that he engaged in “fraudulent practices,” including “cheating and money laundering."
The strongly worded legal notice, dated 10th June, 2025, threatens to initiate civil, criminal, regulatory and enforcement proceedings against Sun TV chairman Kalanithi Maran and seven other respondents, unless they restore the shareholding of the media company to its original state in 2003.This is the second legal notice after one sent in October 2024.
A heated debate erupted in Parliament as Speaker OM Birla confronted DMK MP Dayanidhi Maran over the language row, challenging him to put his words on record. Watch the intense exchange and what led to this fiery clash.
In an exclusive interview with CNN News18's Anand Narasimhan, Tamil Nadu BJP president K Annamalai speaks candidly on upcoming Lok Sabha polls and on the 'Joker' remark he says, "Greatest leader of the country has given a reply to the oppn". He also said June 4 will send a message. Tamil Nadu will accept BJP and we will win in Coimbatore. Watch the full interview.
On the last day of filing nominations, Raja and AMMK founder TTV Dhinakaran filed their nominations from Nilgiris and Theni, respectively. Amma Makkal Munnetra Kazhagam (AMMK) is a constituent of the BJP-led NDA.
The CBI Special Court on January 30 framed fresh charges in the illegal telephone exchange case filed by the CBI against Maran brothers and others after a detailed order was passed by the high court.
The top court dismissed Maran's plea challenging the Madras High Court's July 25 decision setting aside a CBI court order discharging him in the case.
Maran had challenged the Madras High Court's July 25 decision setting aside a CBI court order discharging him in the case.
In a relief to DMK leader and former telecom minister Dayanidhi Maran, a special CBI court here today discharged him, his brother Kalanithi and five other accused in the "illegal" telephone exchange case.
The CBI had on December 9, 2016, filed a charge sheet against Dayanidhi Maran and his brother Kalanithi among others, for allegedly using 764 high-speed data lines at the former's residence which were used by Sun TV channel, causing a loss of Rs 1.78 crore to the exchequer.
Justice I S Mehta issued the notices on the Central Bureau of Investigation's (CBI) plea against the February 2 order of a special court discharging all the accused in the case.
ED had, on May 2, moved the High Court challenging a special court's February 2 order discharging the Maran brothers and others in the Aircel-Maxis money laundering case.
The CBI today told a special court here that more steps are needed to be taken to secure the presence of Malaysian nationals T Ananda Krishnan and Augustus Ralph Marshall in the Aircel-Maxis deal case as arrest warrants against them have been pending.
Supreme Court today asked BJP leader Subramanian Swamy to bring "concrete material" to support his allegations of illegality committed by then Finance Minister P Chidambaram in granting FIPB clearance to Aircel-Maxis deal in 2006.
A bench of Chief Justice J S Khehar and Justices N V Ramana and D Y Chandrachud asked the Special Public Prosecutor Anand Grover to file a proper petition and said it will be taken up at 2 PM.
This price spike came on the back of news that ex-telecom minister Dayanidhi Maran, his brother Kalanithi Maran and the latter's wife Kaveri Kalanithi, were discharged by a special court on Thursday on charges of bribery and money laundering in the Aircel-Maxis deal.
Officials said the agency will appeal the order as it believes that its probe in the money laundering charges in was a "standalone" investigation and the "proceeds of crime" detected by it was independent of CBI's FIR and enquiry.
The special 2G court, headed by OP Saini, in it's order, held that CBI has relied on misreading if official documents, to make out a case against the accused. As per the special court, CBI relied heavily on merely speculation and surmises of the complainant, C Sivasankaran.
Special Judge O P Saini, who was scheduled to pass the order today on framing of charges as well as on bail applications of the Maran brothers and other accused persons, deferred it to the next date, saying the order was not ready.
The government has asked Aircel to help its 2G mobile customers port their numbers to other telephony operators in case the Supreme Court was to pass an adverse order
Special Judge O P Saini, who was scheduled to pass the order today on framing of charge as well as on bail applications of the Maran brothers and other accused persons, deferred it to December 22, saying the order is yet to be prepared.
A day after CBI chargesheeted former Telecom Minister Dayanidhi Maran for alleged misuse of high speed data lines, Union Minister Pon Radhakrishnan today said the case was not a new one or filed during the BJP regime, and insisted that it was the DMK leader's duty to prove his innocence.