Dravida Munnetra Kazhagam's Lok Sabha MP Dayanidhi Maran has accused his brother Kalanithi Maran of "financial crimes," and asked him to restore the entire shareholding position of Sun TV and related companies to their original state or face legal and regulatory action.
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.
India's richest businessman, Mukesh Ambani is ranked at 33 with a salary of Rs 15 crore (Rs 150 million) annually.
Media tycoon Kalanithi Maran and his wife Kavery Kalanithi have retained the top two slots among the highly paid executives in the country.
Assets include Kalanithi Maran's shares worth Rs 139 cr in Sun Direct.
Sunrisers Hyderabad CEO Kaviya Maran was dejected after her team were outclassed by Lucknow Super Giants on Friday.
Earlier, SC had given two weeks to prove Chidambaram deliberately granted FIPB clearance in 2006
Board has also accepted the resignations of Marans.
The difficult period created by some "legacy issues" are over.
The analysis covers BSE 200 Index's 171 companies for which data on the compensation to the boards of directors for FY14 and FY13 are available.
Despite Covid downturn, CEO salaries went up by an average of 19% in FY21.
Officials said the agency had issued a notice to Karti to present himself in person or through an authorised representative and submit personal financial documents and those related to a firm this week.
Impact of the slowdown is most visible among promoter/owner-CEOs
Kaviya Maran is the co-owner of the Sunrisers Hyderabad team.
The probe pertains to firms identified as Advantage Strategic Consulting Private Limited and Chess Global Advisory Services Pvt Ltd, where Karti had been a director
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.
Jahnavi Mehta. Kaviya Maran. Preity Zinta.
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.
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.
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.
This would be the third fund infusion in the airline by Maran since September 2011.
The combined pay for India Inc's top management was up 30 per cent in FY16, growing at the fastest pace in nine years
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
The man who led this journey is 50-year-old Kalanithi Maran, chairman and managing director of the Sun Group.
Chidambaram was competent to give approval of upto Rs 600 crore but he gave the approval which was worth approximately Rs 3,500 crore
The Forbes magazine had adjudged Maran as the 38th richest man in India, with a net worth of $2.3 billion (as of September).
Though Mistry does not make it to the club of the top 10 highest paid India Inc leaders, he will be among the next 10.
Few top honchos of India Inc did very well in 2014.
Analysts say the Sun Network's fundamentals may be sound but the troubles faced by Maran have caused a lot of volatility.
Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs.
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