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Kalanithi Maran

Kalanithi Maran can encash Rs 270 cr bank guarantee in SpiceJet dispute: SC

Court orders SpiceJet to deposit Rs 75 cr in drawn-out dispute over airline's acquisition

Kalanithi Maran can encash Rs 270 cr bank guarantee in SpiceJet dispute: SC
Updated On : 14 Feb 2023 | 1:01 AM IST

Former SC judge PV Reddi to mediate SpiceJet-Kalanithi Maran spat

SpiceJet incurred net losses of Rs 316 crore, Rs 934 crore, Rs 998 crore and Rs 1,725 crore in FY19, FY20, FY21 and FY22, respectively

Former SC judge PV Reddi to mediate SpiceJet-Kalanithi Maran spat
Updated On : 07 Sep 2022 | 11:05 PM IST

Kalanithi Maran, SpiceJet ready for mediation to settle dispute: SC told

Businessman claims airline promoter committed breach of trust by not transferring shares

Kalanithi Maran, SpiceJet ready for mediation to settle dispute: SC told
Updated On : 16 Aug 2022 | 10:42 PM IST

SC to consider mediation plea to settle SpiceJet & Kalanithi Maran dispute

The Supreme Court 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.

SC to consider mediation plea to settle SpiceJet & Kalanithi Maran dispute
Updated On : 16 Aug 2022 | 2:26 PM IST

Maran, KAL Airways reject SpiceJet's Rs 600-cr offer to end share dispute

The senior counsel of KAL Airways said that Spicejet will have to pay them Rs 920 crore

Maran, KAL Airways reject SpiceJet's Rs 600-cr offer to end share dispute
Updated On : 14 Feb 2022 | 10:54 PM IST

SC asks Maran, KAL Airways to mull SpiceJet settlement offer on share spat

SpiceJet offers to pay Rs 600 cr cash in the share transfer case with former promoter Kalanithi Maran and his firm KAL Airways for a full and final settlement of all disputes

SC asks Maran, KAL Airways to mull SpiceJet settlement offer on share spat
Updated On : 10 Feb 2022 | 11:48 PM IST

SC stays HC order asking SpiceJet to pay Rs 243 cr to Kalanithi Maran, firm

The SC has stayed Delhi HC order asking SpiceJet to deposit around Rs 243 crore as interest in connection with a share transfer dispute with its former promoter Kalanithi Maran and his firm KAL Airway

SC stays HC order asking SpiceJet to pay Rs 243 cr to Kalanithi Maran, firm
Updated On : 07 Nov 2020 | 7:37 PM IST

SC stays order asking SpiceJet to deposit Rs 243 cr in Kalanithi Maran case

The HC had directed SpiceJet to deposit the sum by six weeks, or 14 October

SC stays order asking SpiceJet to deposit Rs 243 cr in Kalanithi Maran case
Updated On : 06 Nov 2020 | 11:30 PM IST

Kalanithi Maran moves Delhi HC against non-payment of Rs 243 cr by SpiceJet

Seeks attachment of promoter Ajay Singh's shares; SpiceJet moves SC

Kalanithi Maran moves Delhi HC against non-payment of Rs 243 cr by SpiceJet
Updated On : 22 Oct 2020 | 10:57 PM IST

HC asks SpiceJet to deposit Rs 243 cr in share transfer row with K Maran

Airline's net worth has eroded completely and it will find it deposit to deposit the amount in the deadline of 6 months.

HC asks SpiceJet to deposit Rs 243 cr in share transfer row with K Maran
Updated On : 07 Sep 2020 | 11:49 PM IST

Top headlines: Voda Idea re-brands itself 'Vi', SpiceJet to pay Rs 243 cr

From Delhi High Court asking SpiceJet to deposit Rs 243 cr, Vodafone Idea rebrands itself 2 years after merger to Maruti Suzuki posting 11% rise in August production, here are top news of the evening

Top headlines: Voda Idea re-brands itself 'Vi', SpiceJet to pay Rs 243 cr
Updated On : 07 Sep 2020 | 5:06 PM IST

Sun TV's Kalanithi Maran, wife Kavery highest-paid executives in FY20

The promoters had decided to keep their salaries at the current level three years ago.

Sun TV's Kalanithi Maran, wife Kavery highest-paid executives in FY20
Updated On : 26 Aug 2020 | 8:00 AM IST

Kalanithi Maran's daughter Kaviya Kalanithi joins Sun TV board

Kaviya Kalanithi Maran is a B.Com graduate from Stella Maris College, Chennai, and had internship in various departments in Sun TV

Kalanithi Maran's daughter Kaviya Kalanithi joins Sun TV board
Updated On : 21 Mar 2019 | 1:20 AM IST

Marans ask Sun TV board to cap pay for current financial year at FY18 level

Analysts claim by limiting their compensation, the couple would forgo Rs 350 million

Marans ask Sun TV board to cap pay for current financial year at FY18 level
Updated On : 15 Aug 2018 | 11:05 PM IST

Sun TV promoter Kalanithi Maran and his wife ask board to cap compensation

By limiting the compensation, the couple would be foregoing around Rs 350 mn, based on an analyst's projections of Sun TV's profits for the current fiscal

Sun TV promoter Kalanithi Maran and his wife ask board to cap compensation
Updated On : 14 Aug 2018 | 9:45 AM IST

Kalanithi Maran, KAL Airways to move Delhi HC for control of SpiceJet

Maran sold his 58.46 per cent stake in SpiceJet to Ajay Singh, its current chairman, for a nominal Rs 2 in 2015

Kalanithi Maran, KAL Airways to move Delhi HC for control of SpiceJet
Updated On : 23 Jul 2018 | 12:12 AM IST

Sun TV's Kalanithi Maran and wife highest paid in media at Rs 78 cr each

Remuneration of media tycoon Kalanithi Maran and his wife Kavery Kalanithi has rose to Rs 77.93 crore each in 2016-17, an increase of around 10 per cent from 2015-16. This makes them the highest paid executives in the industry and one of the top in India Inc. The increase in remuneration was mainly due to increase in ex-gratia/ bonus, while the salary level continues to remain the same. Maran has also got dividend of Rs 295.56 crore.According to company's 2016-17 annual report, Maran and his wife drawn Rs 13.14 crore each, same like last year, while the company's CEO K Vijaykumar salary was Rs 0.97 crore in 2016-17 as against Rs 0.82 crore, last year.Maran and his wife ex-gratia/ bonus rose to Rs 64.79 crore each from Rs 58.33 crore, a year ago.The annual salary for India's richest man, Mukesh Ambani, remained at Rs 15 crore for the ninth consecutive year in 2016-2017. According to reports, this includes Rs 4.16 crore as salary, Rs 60 lakh in perquisites and allowances, Rs 71 lakh ...

Sun TV's Kalanithi Maran and wife highest paid in media at Rs 78 cr each
Updated On : 31 Aug 2017 | 8:45 PM IST

Delhi HC hears Sebi submissions in Maran-SpiceJet case

The matter has been listed again on 27 May for further hearing by Delhi High Court

Delhi HC hears Sebi submissions in Maran-SpiceJet case
Updated On : 19 May 2016 | 12:32 AM IST

Delhi HC hears BSE submissions on Kalanithi Maran

Maran had demanded that 180 million warrants redeemable as equity shares be transferred to him

Delhi HC hears BSE submissions on Kalanithi Maran
Updated On : 11 May 2016 | 12:24 AM IST

Kalanithi Maran in HC over share transfer dispute

Maran has alleged that despite giving around Rs 579 crore to Spicejet, the carrier failed to issue them stock warrants

Kalanithi Maran in HC over share transfer dispute
Updated On : 12 Mar 2016 | 1:18 AM IST