Sun Network chairman Kalanithi Maran and his company, Kal Airways Pvt Ltd, which was incorporated on May 6, are the acquirers of the airline.
Post badminton, the movies could very well be an option for our double Olympic medallist!
They were chargesheeted for alleged offences punishable under section 120-B (criminal conspiracy) of IPC and under relevant provisions of the Prevention of Corruption Act.
Kaviya Maran is the co-owner of the Sunrisers Hyderabad team.
India's richest businessman, Mukesh Ambani is ranked at 33 with a salary of Rs 15 crore (Rs 150 million) annually.
The agency, sources said, has issued the notices under the Prevention of Money Laundering Act (PMLA) and they have summoned the accused to examine them and record their statements.
After three wins in a row, the smile has returned to Sunrisers Hyderabad CEO Kaviya Maran's face.
In April 2013, CBI had first told the Court there were "some difficulties" in the probe after it went abroad.
"I have repeatedly said I have done no wrong. A case related to this had come up before the Supreme Court last year and was heard by a bench headed by CJI T S Thakur, who had remarked that this case was made out because of political reasons," Maran, who was telecom minister between 2004 and 2007, said.
Kavery Kalanithi of Sun TV Group has retained her position as country's top paid business woman although her pay package declined to Rs 57 crore in 2012, according to Fortune magazine.
SpiceJet's chief operating officer Sanjiv Kapoor has resigned after two years of service.
SpiceJet put one lakh seats up for grabs.
A three-judge bench headed sought CCBI's response on Maran's plea and questioned its decision to arrest him.
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.
The Forbes magazine had adjudged Maran as the 38th richest man in India, with a net worth of $2.3 billion (as of September).
Glimpses of some of the team owners at the IPL auction on Saturday.
Earlier, SC had given two weeks to prove Chidambaram deliberately granted FIPB clearance in 2006
The bookings under the 'Super Summer Sale' offer will remain open till Wednesday mid-night.
Mounting bad news takes a toll on Sun TV's stock, but analysts say company's fundamentals still remain strong
The fresh round of discounted fares is applicable for three days starting Tuesday on all SpiceJet flights from eight cities in South India.
After winning just one game in IPL 2021 before Monday's match against the Rajasthan Royals in Dubai, Sunrisers Hyderabad had a lot to cheer when they ended their losing streak with an emphatic victory.
Check out these new stills from the Tamil movie.
Sun TV promoter Kalanithi Maran, through his advisors, is talking to hedge fund Wilbur L Ross to buy its entire 30 per cent stake in low-cost carrier SpiceJet Ltd.
A consortium led by Ajay Singh is initially expected to invest Rs 1,200 cr, largely to cover liabilities.
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.
Over the past month, SpiceJet has been hit by a spate of bad news. As the airline's losses mount and troubles pile up, analysts worry about its prospects.
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.
'The magnitude of responsibility one has while portraying a real life legend like Mr Muralitharan is not lost on me.'
A look at the Kalanithi Maran-controlled airline's place in the domestic aviation sector
Kalanithi Maran's Sun Network and Subhash Chandra's Zee Entertainment, the two homegrown media companies, have maintained their number one and two positions, respectively, in the Asia-Pacific pay broadcaster ranks for the second year in a row.
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.
To turnaround, the airline bets on heavily-discounted tickets and new overseas routes.
The Chennai-based airline promoted by Kalanithi Maran had reported a net loss of Rs 39.26 crore (Rs 392.6 million) in the same period the prior year.
The four 78-seater Q400s would connect Hyderabad with 12 Tier-II and Tier-III destinations.
Naveen Jindal, Chairman and Managing Director of Jindal Steel and Power Ltd (JSPL), has topped the executive pay charts for listed companies in India.
Ajay Singh, one of the founder directors of Spicejet, has left the board of the low-cost airline, paving the way for restructuring of the company by its new owner Kalanithi Maran, the promoter of Sun TV.
Confirming the resignation of Aggarwal, airline sources said Kishore Gupta, a member of the SpiceJet board, is likely to take over the position for the time being as part of an interim arrangement.
According to analysts, the Indian aviation industry has come out of blues and this is the right time to enter the sector as it may see a complete turnaround on account of consolidation in the industry and the increased demand due to pick-up in the business activity.
The special CBI court had in March discharged Dayanidhi Maran, his brother Kalanithi.
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