Kalanithi has an estimated net worth of about Rs 30,289 crore, according to reports. His wealth primarily stems from his vast media empire, including television, radio, and film production, alongside his foray into sports ownership.
The CBI court on August 30 framed charges and ordered a trial of Dayanidhi Maran and six others in the case of "illegal" telephone exchanges, allegedly set up to benefit the Sun TV Network of his brother Kalanithi Maran during 2004-06.
The special CBI court had in March discharged Dayanidhi Maran, his brother Kalanithi and others accused in the case.
The Maran brothers had moved a petition in October last year seeking dismissal of the case.
The ED yesterday challenged the lower court's order quashing the CBI's case against the Marans, saying that the court had "failed to appreciate" their role in the deal.
BJP MP Subramanian Swamy has written to Union Home Minister Rajnath Singh making a case for Centre going in for an appeal against the Madras High Court judgement allowing Sun TV network of Maran brothers to participate in private FM radio auction
In April, this year the ED had attached assets worth Rs 72.58 crore pertaining to the dubious Aircel-Maxis deal case.
CBI had alleged in the court that Dayanidhi Maran had "pressured" and "forced" Chennai-based telecom promoter C. Sivasankaran to sell his stakes in Aircel and two subsidiary firms to Malaysian firm Maxis Group in 2006.
Eurozone worries, slowdown in Chinese economy, crisis in the US and our own inflation and growth numbers to battle with…. Quite a lot has been on for the markets, domestically and globally. What will influence trade today?
The CBI’s FIR alleges that Dayanidhi Maran delayed license approval for Aircel and 'directed' Aircel promoter Sivasankaran to sell the company only to Maxis, reports CNBC-TV18's Siddharth Zarabi.
Breaking his silence on the CBI action against the Maran brothers over the Aircel-Maxis deal, DMK President M Karunanidhi today said his support would always be with them to face the present situation.
The results of the 13th assembly elections in Tamil Nadu are out and it is a decisive victory for J Jayalalithaa. So, does the rise of Jaya mean sun-set for the Maran brothers’ Sun Network? CNBC-TV18’s Swathi Narayanan reports.