Manchester Super Giants (RPSG Group), MI London (Reliance), Southern Brave (GMR) and Sunrisers Leeds (Sun Group) all of whom are linked to team owners in the IPL are likely to avoid picking Pakistan's players in next month's players' auction for The Hundred.
Four Indian Premier League (IPL) franchise owners were on Wednesday confirmed as "strategic partners" by the England and Wales Cricket Board (ECB) for teams in 'The Hundred' and will gain operational control by October 1 this year.
This is SRH's second overseas investment after owning the Sunrisers Eastern Cape in the SA20.
Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.
Digital Radio collectively runs 45 radio stations across the country.
Sun Group CFO S L Narayanan's interview.
Maran challenged reports that he and another company official have been summoned as accused by a Delhi court in two tax evasion cases
The Ministry had disallowed the group from taking part in auction.
The Sun, the flagship publication of Murdoch's News Corporation, is in talks with Maran's Sun group to launch an English tabloid in the country.
The Supreme Court on Friday got irked over a lengthy judgement penned by a single judge bench of the Delhi high court in a case related to an arbitral award involving media baron Kalanithi Maran and SpiceJet, saying there was no "application of mind". Suggesting that the case be now transferred to another judge by the Delhi HC, the top court said the judgement "has to be carefully articulated" and "the judge must apply mind to grounds of challenge and then deduce if interference is warranted". The strong observations against the single judge bench came from a bench headed by Chief Justice D Y Chandrachud during the hearing of an appeal by Kalanithi Maran and Kal Airways against a Delhi high court order setting aside an arbitral award asking the SpiceJet to refund Rs 579 crore plus interest to the media baron and his firm.
In a setback to Maran brothers, the Madras high court on Wednesday dismissed petitions filed by Kalanithi Maran owned Sun TV and Kal Communications challenging the attachment of their properties by Enforcement Directorate in connection with money laundering probe in Aircel-Maxis deal.
After three wins in a row, the smile has returned to Sunrisers Hyderabad CEO Kaviya Maran's face.
Maran had sought attachment of SpiceJet promoter Ajay Singh's shares by an administrator unless the payment was made.
BSE has sought clarification from the company with respect to the media report stating that Spicejet is to sell part/complete stake to an investor.
Sun Group chief Kalanithi Maran and his wife Kavery Maran have resigned from one of the promoter entities of SpiceJet, triggering speculations about a possible sale of Maran family's majority stake in the air carrier.
JP Morgan may buy stake in debt -laden SpiceJet
The Forbes magazine had adjudged Maran as the 38th richest man in India, with a net worth of $2.3 billion (as of September).
The fairy tale turnaround story has, however, taken a few knocks after a second wave of the pandemic has brought a series of default notices and has posed the toughest test for the 55-year old Singh to save the airline he founded and sold to the Marans only to assume control later.
With the home ministry rejecting the renewal of broadcast licences to Sun group, is it end of the road for Maran brothers? R Ramasubramanian reports from Chennai.
Maran had challenged the Madras High Court's July 25 decision setting aside a CBI court order discharging him in the case.
Troubled carrier SpiceJet has paid employees' salaries for November and cleared dues of fuel companies as well.
The airline's board decides to issue warrants to promoters on a preferential basis
Former Telecom Minister Dayanidhi Maran, his brother Kalanithi Maran and four others were on Friday chargesheeted by the Enforcement Directorate in the Special 2G court.
The prospective owners of Indian low-cost carrier SpiceJet Ltd plan to cut the airline's fleet, shrink its network and return to a "plain vanilla" business model to achieve profitability, two people close to the investors said.
Tatas, Adani, Bharti, HDFC and Sun Groups have clocked huge gains.
About 40 quit last November as the airline cut down its fleet.
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The airline, which posted an annual loss of Rs 191 crore (Rs 1.91 billion) for the past financial year, has been looking to raise funds for months.
The airline management has now sought a meeting with civil aviation minister Ashok Gajapathi Raju to present the airline's plan.
Cleaning up India's grubby business climate is top of the agenda for both regulators and the government.
Most of them had to wind up operations due to high operating cost, expensive fuel and longer than expected gestation period.
Maran's penchant for taking risks was visible last year again when he acquired Indian Premier League's Hyderabad cricket franchisee and named it Sun Risers.
Differences on pricing of channels persisted between south India-based broadcaster Sun Group and DTH operator TataSky, which feels that rates quoted by Sun were fit for international channels but not regional.
The man who led this journey is 50-year-old Kalanithi Maran, chairman and managing director of the Sun Group.
Civil Aviation Minister Ajit Singh inaugurated the 5-day long event.
There could be rejig at top level at SpiceJet.
Stocks of SpiceJet on Friday surged nearly 10 per cent after the company returned to original promoter Ajay Singh for its revival in a multi-layered deal worth up to Rs 1,500 crore (Rs 15 billion).
Media tycoon Kalanithi Maran and his wife Kavery Kalanithi have retained the top two slots among the highly paid executives in the country.
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