kalanithi maran
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  • Relief for SpiceJet: Supreme Court stays Delhi HC order on payment of Rs 243 crore to Kalanithi Maran Nov 06, 2020 01:35 PM IST

    Relief for SpiceJet: Supreme Court stays Delhi HC order on payment of Rs 243 crore to Kalanithi Maran

    The high court, in its September order had asked the low-cost airline to make the deposit within six weeks. SpiceJet had missed the deadline

  • Delhi High Court, hearing Kalanithi Maran plea, orders SpiceJet to deposit Rs 243 crore within six weeks Sep 07, 2020 04:36 PM IST

    Delhi High Court, hearing Kalanithi Maran plea, orders SpiceJet to deposit Rs 243 crore within six weeks

    The amount is an interest payout of the sum Kalanithi Maran, the former SpiceJet promoter, and his KAL Airways won as refund from the low-cost airline in 2018. Final decision on three-year-old share transfer dispute expected in November.

  • Kalanithi Maran, wife Kavery remain India's highest-paid executives Aug 26, 2020 11:33 AM IST

    Kalanithi Maran, wife Kavery remain India's highest-paid executives

    Sun TV Network promoter-chairman Kalanithi Maran and his wife Kavery Kalanithi earned Rs 87.50 crore each in 2019-20

  • Illegal telephone exchange case: SC rejects Kalanithi Maran's plea Aug 17, 2018 07:33 PM IST

    Illegal telephone exchange case: SC rejects Kalanithi Maran's plea

    A bench of Justices Ranjan Gogoi, Navin Sinha and K M Joseph rejected Maran's plea.

  • Maran loses Rs 1,323-cr arbitration against Spicejet; but gets Rs 571 cr refund Jul 22, 2018 05:56 PM IST

    Maran loses Rs 1,323-cr arbitration against Spicejet; but gets Rs 571 cr refund

    The Delhi-based low-cost carrier has informed the exchanges that on July 20, an arbitration tribunal rejected Maran's claim of damages of Rs 1,323 crore for not issuing convertible warrants and preference shares to him and Kal Airways.

  • Madras HC quashes I-T order against Kalanithi Maran over SpiceJet Mar 28, 2018 06:52 PM IST

    Madras HC quashes I-T order against Kalanithi Maran over SpiceJet

    The I-T department had not produced any material to establish that Maran was responsible for the day-to-day affairs of the SpiceJet, the judge said.

  • Kalanithi Maran liable for SpiceJet 'tax defaults': Additional Solicitor General Mar 06, 2018 10:14 PM IST

    Kalanithi Maran liable for SpiceJet 'tax defaults': Additional Solicitor General

    The IT department informed Madras High Court that Kalanithi Maran was liable for the 'tax deducted at source defaults' as chairman and director of SpiceJet Limited with effect from November 15, 2010.

  • Kalanithi Maran row: SpiceJet deposits Rs 250 crore with High Court registrar Sep 15, 2017 08:14 AM IST

    Kalanithi Maran row: SpiceJet deposits Rs 250 crore with High Court registrar

    "This refers to judgement and final order dated July 29, 2016 passed by the learned single judge of the hon’ble High Court of Delhi... further modified by the order of the hon’ble Supreme Court of India dated July 31, 2017... inter- alia directing the company to deposit Rs 250 crore to the Registrar General of High Court of Delhi on or before September 14, 2017.

  • Aircel-Maxis graft case: HC seeks Marans' reply on CBI plea May 22, 2017 12:01 PM IST

    Aircel-Maxis graft case: HC seeks Marans' reply on CBI plea

    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.

  • Aircel-Maxis: CBI for more steps to bring Malaysian accused to Apr 05, 2017 07:09 PM IST

    Aircel-Maxis: CBI for more steps to bring Malaysian accused to

    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.

  • Aircel-Maxis case: SC asks CBI to file status report of probe Apr 03, 2017 05:23 PM IST

    Aircel-Maxis case: SC asks CBI to file status report of probe

  • Is SpiceJet stock at cruising altitude or can it fly even higher? Apr 03, 2017 04:07 PM IST

    Is SpiceJet stock at cruising altitude or can it fly even higher?

    The experts generally keep a positive on the stock, but remain slightly cautious since it has rallied 38 percent in March alone.

  • Get material on FIPB clearance to Aircel-Maxis: SC to Swamy Feb 10, 2017 05:12 PM IST

    Get material on FIPB clearance to Aircel-Maxis: SC to Swamy

    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.

  • Sun TV zooms 25% on Maran acquittal in Aircel-Maxis case Feb 03, 2017 10:42 AM IST

    Sun TV zooms 25% on Maran acquittal in Aircel-Maxis case

    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.

  • Aircel-Maxis: ED to appeal against court's discharge order Feb 02, 2017 09:40 PM IST

    Aircel-Maxis: ED to appeal against court's discharge order

    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.

  • Aircel-Maxis case: Court to pass order on charge on January 24 Jan 18, 2017 11:14 AM IST

    Aircel-Maxis case: Court to pass order on charge on January 24

    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 January 24, saying the order is yet to be prepared.

  • Aircel-Maxis case: Court to pass order on charge on Dec 22 Dec 19, 2016 04:54 PM IST

    Aircel-Maxis case: Court to pass order on charge on Dec 22

    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.

  • Aircel-Maxis: Court to pass order on charge, bail on Nov 30 Nov 20, 2016 11:52 AM IST

    Aircel-Maxis: Court to pass order on charge, bail on Nov 30

    A special court has reserved its order on the issue of framing charges against former Telecom Minister Dayanidhi Maran, his brother Kalanithi Maran and others in the Aircel-Maxis deal case lodged by CBI and Enforcement Directorate (ED).

  • SpiceJet scuttling warrants issue: Ex-prmoter Kalanithi Maran May 31, 2016 07:31 PM IST

    SpiceJet scuttling warrants issue: Ex-prmoter Kalanithi Maran

    Under the deal with SpiceJet promoter Ajay Singh, Maran was supposed to get warrants to take his shareholding in the airline to 24 percent.

  • Maran warrant case: HC unconvinced by SpiceJet reasoning May 27, 2016 09:59 PM IST

    Maran warrant case: HC unconvinced by SpiceJet reasoning

    Spicejet has claimed that the Bombay Stock Exchange (BSE) and the market regulator Securities and Exchange Board of India (SEBI) do not seem to be willing to grant the necessary approvals.

  • Sun TV Network Q4 net rises 16% to Rs 236 cr May 27, 2016 07:30 PM IST

    Sun TV Network Q4 net rises 16% to Rs 236 cr

    Chennai-based broadcaster Sun TV Network reported a 16.26 percent increase in its net profit at Rs 236 crore for the quarter ended March 31, 2016

  • Assembly Elections 2016: Sun TV tanks 12%, Raj TV soars 20% on AIADMK win in Tamil Nadu May 19, 2016 12:34 PM IST

    Assembly Elections 2016: Sun TV tanks 12%, Raj TV soars 20% on AIADMK win in Tamil Nadu

    Chennai-based Sun TV owned by Kalanithi Maran (grandnephew of DMK President M Karunanidhi) had jumped 11 percent on Tuesday as most exit polls had predicted that the DMK-Congress alliance may win the state elections in Tamil Nadu.

  • Sun TV surges 11% on exit polls; DMK win may aid ad revenue May 17, 2016 10:09 AM IST

    Sun TV surges 11% on exit polls; DMK win may aid ad revenue

    In FY11 when DMK was in power, its ad revenue growth was at 23 percent which fell to -2 percent in FY12 when Jayalalitha became the Chief Minister.

  • Can't Allow Issue of Warrants to Kalanithi Maran:BSE to HC May 10, 2016 04:16 PM IST

    Can't Allow Issue of Warrants to Kalanithi Maran:BSE to HC

    Kalanithi Maran had demanded that 180 million warrants redeemable as equity shares be transferred to him. The warrants, if converted, would have given Maran and his airline, Kal, a share of 25 percent in SpiceJet.

  • Pass resolution for warrants issuance to Maran: HC to SpiceJet Mar 15, 2016 05:09 PM IST

    Pass resolution for warrants issuance to Maran: HC to SpiceJet

    The Delhi High Court today issued an order asking the board of SpiceJet to issue warrants to its erstwhile promoter Malanithi Karan.

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