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.
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.
While GBP 50 million is earmarked for grassroots and recreational cricket, the 18 English county teams will get a share of GBP 470 million with larger pie allocated for those clubs that don't own a 'Hundred Franchise'.
Firmly committed to prioritise national interest over all other considerations: JioStar
Telugu star Allu Arjun and Tamil director Atlee are all set to collaborate on a film, backed by the production banner Sun Pictures.
Notwithstanding record revenues in certain media sectors like film exhibition in the July-September quarter (second quarter, or Q2), the operational performance of the broadcasting business remained subdued. Zee Entertainment Enterprises and Sun TV are expected to experience a year-on-year (Y-o-Y) decline in advertising (ad) revenues during this period. Conversely, box office (BO) collections are anticipated to exceed Rs 3,000 crore in the quarter, propelled by a series of successful movie releases.
Kalanithi Maran-run Sun TV's DTH application appears to have run into rough weather with the Company Affairs Ministry finding the proposal not in conformity with the stipulated guidelines.
Sun TV network won the Hyderabad franchise during the bid for a new Indian Premier League team, in Mumbai, on Thursday.
Azhagiri said he was never implicated in criminal cases as alleged by the network.
In his complaint filed with city police commissionerate, Nithya Atmaprabhananda, Manager of Nithyananda's Dhyanapeeta Charitable Trust, levelled charges, including extortion, criminal intimidation and assault, among others, against Saxena, his aide Ayyappan and Tamil bi-weekly Nakheeran Editor R Gopal, among others.
A senior employee of a private television channel was arrested in Chennai on following a complaint of sexual harassment against him by a former woman staffer, police said.
Shares of Sun TV on Monday gained 68 per cent after being listed on the bourses on aggressive buying by funds as well as general investors.
South India-based television broadcaster Sun TV Ltd on Wednesday said its flagship channel Sun TV will become a pay channel from December 2.
Broadcast tribunal Telecom Disputes Settlement and Appellate Tribunal asked Sun Tv on Tuesday to produce a copy of the stay order granted by Madras high court on its interim order directing it to share signals with direct-to-home operator TataSky.
Sun TV's stock ended the day with a loss of 4.84 per cent at Rs 392.10 on the BSE. During the day, it lost 9.54 per cent to Rs 372.70.
The government on Thursday gave its nod to a foreign direct investment of $150 million (Rs 675 crore) in Maran family-run Sun TV's ambitious direct to home service project.
The Telecom Disputes Settlement and Appellate Tribunal, headed by Justice Arun Kumar, took a serious note of Sun TV's non-compliance of its interim order of March 19 and said that Sun Tv was acting unfairly in this matter.
Police summoned the news editor of the Maran-owned Sun TV, Raja, for an enquiry in connection with a complaint filed by a leading Tamil daily Dinamalar, accusing the channel of resorting to "provocative" coverage.
During proceedings at Telecom Disputes Settlement and Appellate Tribunal, counsels appearing for both sides today informed the bench that the issue has been resolved and requested to dispose of the petition.
At the start of the auction on Sunday, Punjab Kings had the highest funds at Rs 110.5 crore, which decreased to Rs 10.9 crore before Day 2 on Monday.
The government on Tuesday faced fresh attack from the Opposition on corruption when the Bharatiya Janata Party asked Textiles Minister Dayanidhi Maran to answer charges that his family-owned Sun TV Network was a beneficiary of pay-offs by a Malaysian company which benefited from equity sold by Aircel.
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.
The market regulator's newly proposed selection criteria for the over Rs 400-trillion-a-day futures and options (F&O) market could pave the way for the entry of popular stocks such as Life Insurance Corporation (LIC) of India, Jio Financial Services, Zomato, Paytm, DMart, and Adani Energy into the derivatives segment. The Indian derivatives market, which accounts for most of the trading volumes, could see big churn with over two dozen exits from the current list of 182 stocks due to an upward revision in the eligibility thresholds.
In a state that usually plumbs for a Dravidian major, three candidates have a chance of delivering for the BJP, observes A Ganesh Nadar.
Future Gaming of lottery king Santiago Martin was the biggest purchaser of electoral bonds at Rs 1,368 crore, of which nearly 37 percent went to the DMK.
Part two of an exclusive interview with the MDMK leader.
'The magnitude of responsibility one has while portraying a real life legend like Mr Muralitharan is not lost on me.'
The owners of IPL team Sunrisers Hyderabad, Sun TV, on Monday donated Rs 30 crore towards COVID-19 relief work being undertaken by the state and central governments along with various NGOs.
Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'
The Delhi high court has directed SpiceJet to deposit "forthwith" Rs 75 crore that has to be paid to media baron Kalanidhi Maran and his Kal Airways towards interest on an arbitral award of Rs 578 crore. The high court said, admittedly, there is no modification of the February 13, 2023 order passed by the Supreme Court in the case, and hence it needs to be followed. "Since the judgment debtor (SpiceJet) had failed to pay an amount of Rs 75 crores to decree holder (Maran and Kal Airways), hence in terms of para 15 (ii) of the order dated February 13, 2023 of the Supreme Court, there is no other alternative except to call upon the judgment debtors to deposit the entire outstanding amount qua interest forthwith, thus is so directed.
Sunrisers' initiative drew praise from the team's skipper David Warner.
The chargesheet was filed by the agency early this month before a special Prevention of Money Laundering Act court in New Delhi and the Enforcement Directorate named Chandrashekhar, his wife Leena Maria Paul and six others in it.
Kaviya Maran is the co-owner of the Sunrisers Hyderabad team.
Thalaiva's name and photo will appear on the logo and label of the channel.
The Supreme Court on Tuesday said it would consider a joint request for mediation of low-cost airline SpiceJet and media baron Kalanithi Maran and his Kal Airways for amicably settling all pending disputes between them including the row over the share-transfer issue. A bench comprising Chief Justice N V Ramana and Justices J K Maheshwari and Hima Kohli was apprised by senior advocate Mukul Rohatgi, appearing for SpiceJet, that there were three pending issues between the low-cost airline and Maran and out of these, one has been settled on July 29. Initially, Rohatgi sought four to six week time for settling all the issues between the parties.
Maran was called on Monday but he skipped the scheduled meeting.
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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