Kalanithi Maran

SC recalls order asking Marans to move HC against summoning

Taking on record the submission of the ASG, the bench recalled its order and posted it before the bench headed by Chief Justice H L Dattu on February 9.

Feb 06, 2015, 15:21 PM IST

SC recalls order asking Maran brothers to move Delhi HC against 2G court summons

The Supreme Court on Friday recalled its order asking Maran brothers to move Delhi HC against trial court order summoning them as accused in a case related to 2G scam.

Feb 06, 2015, 14:26 PM IST

Aircel-Maxis deal: SC not to interfere in order summoning Marans as accused

The Supreme Court on Friday refused to entertain the plea of former Telecom Minister Dayanidhi Maran and his brother Kalanithi Maran in the Aircel-Maxis case and said they can approach the Delhi High Court against the trial court order summoning them as accused.

Feb 06, 2015, 13:12 PM IST

SC asks Maran brothers to move Delhi HC against 2G court summons

The Supreme Court on Friday asked Dayanidhi Maran & his brother Kalanithi to move Delhi HC against trial court order summoning them as accused in a case related to 2G scam.

Feb 06, 2015, 11:42 AM IST

SpiceJet to get Rs 1,500 cr funds; Marans to also put Rs 375 crore

The embattled airline, which received a lifeline from original promoter Singh earlier this month, would issue up to 37.5 lakh non-convertible cumulative redeemable preference shares.

Jan 30, 2015, 11:00 AM IST

Kalanithi Maran, Kal Airways sell entire SpiceJet stake to Ajay Singh

Budget airline SpiceJet on Friday said that its promoters Kalanithi Maran and Kal Airways plan to sell their entire equity to co-founder Ajay Singh.

Jan 30, 2015, 10:10 AM IST

SpiceJet registers 400% rise in bookings; Jet Airways joins price war

Jet Airways today rolled a 30-day advanced purchase scheme, offering return fares starting as as low as Rs 4,459 for select sectors.

Jan 29, 2015, 21:16 PM IST

No estimate of total losses from 350 BSNL lines at Maran home

After nearly three years of probe, CBI has not been able to calculate the total loss incurred to the exchequer by over 350 high speed broadband lines allegedly set up by BSNL officials at the residence of former Telecom Minister Dayanidhi Maran to allegedly benefit Sun TV network owned by his brother Kalanithi.

Jan 22, 2015, 22:24 PM IST

DGCA lifts curb on advance bookings, govt clears SpiceJet plan

The airline's Chief Operating Officer Sanjiv Kapoor said that the Directorate General of Civil Aviation's decision would "aid cash flow and the revival process".

Jan 22, 2015, 21:05 PM IST

Illegal telephone exchange: 'CBI ill-treated, forced my aide to give false statement'

Maran, who is facing CBI heat, alleged that the investigating agency was compelling the three arrested persons to complain against him.

Jan 22, 2015, 15:37 PM IST

Illegal telephone exchange: CBI pressurised my aide to name me, says Maran

CBI has arrested three people, including former additional private secretary of Dayanidhi Maran, SUN TV CTO and electrcian over setting up illegal telephone exchange.

Jan 22, 2015, 10:06 AM IST

Illegal telephone exchange: CBI arrests Dayanidhi Maran's aide, 2 others

Besides Gowthaman, CBI arrested Chief Technical Officer S Kannan and electrcian L S Ravi of Sun TV network, the agency said.

Jan 22, 2015, 09:18 AM IST

SpiceJet deal announcement linked to Pongal festival!

Crisis-hit SpiceJet board's approval Thursday for transfer of promoter Maran family's stake as well as control to Ajay Singh coincided with Pongal, an auspicious day in South India.

Jan 15, 2015, 21:43 PM IST

Ajay Singh re-boards SpiceJet with Rs 1,500-cr deal; Marans out

Kalanithi Maran-led Sun Group would also infuse Rs 80 crore in the loss-making airline following conversion of their warrants, which would give them a 10 percent minority stake.

Jan 15, 2015, 21:15 PM IST

SpiceJet revival: Singh says more investors to join in

Singh, to whom current promoters Maran family have agreed to transfer their entire over 53 percent stake as part of a revival plan, said turnaround for the airline could happen in the 2-3 quarters.

Jan 15, 2015, 20:48 PM IST

SpiceJet says looking ahead to normalcy

As SpiceJet Thursday got a new lease of life with co-founder Ajay Singh back in control, the airline said it is looking forward to get back to normalcy and may take some more steps for its revival.

Jan 15, 2015, 19:01 PM IST

SpiceJet: Marans fly out, Ajay Singh checks in to lead revival

Capping weeks of uncertainty over its future, beleaguered SpiceJet Thursday said its promoter Kalanithi Maran would transfer his entire stake in the carrier to original founder Ajay Singh as part of plans to revive it.

Jan 15, 2015, 16:44 PM IST

SpiceJet saga: Kalanithi Maran transfers ownership to Ajay Singh

Budget carrier SpiceJet on Thursday announced that its promoter Kalanithi Maran will transfer the ownership of the airline to the original founder Ajay Singh.

Jan 15, 2015, 16:07 PM IST

SpiceJet may consider layoffs ahead of proposed investment

Beleaguered budget carrier SpiceJet may consider retrenching a section of its around 5000 employees ahead of the proposed fund infusion by the potential investors in the company.

Jan 14, 2015, 21:58 PM IST

Hectic parleys on as SpiceJet awaits investment; shares soar

The talks gained further currency in the wake of SpiceJet shares soaring by a huge 10 percent in the stock market, after getting a huge battering in the recent past.

Jan 09, 2015, 23:16 PM IST