Sun TV shares plunge over 13% as Jayalalithaa wins TN poll

Shares of Sun TV Network tumbled over 13 percent today after Tamil Nadu belied several exit poll predictions by handing a handsome victory to the ruling AIADMK led by Jayalalithaa.

As Jayalalithaa turns victorious, Sun TV's stock feels the heat!

As Jayalalithaa turns victorious, Sun TV's stock feels the heat!

As J-Jayalalithaa-led AIADMK registers a landslide victory in the recently conducted assembly polls, Sun TV Network, backed by DMK faces heat. 

Sun TV zooms 11% as exit polls show DMK set to regain power

Owner of Sun TV, Kalanithi Maran is considered to be close to top DMK leaders.

Spicejet-Maran stock warrant issue: HC seeks BSE, SEBI reply

Delhi High Court Thursday asked the Bombay Stock Exchange (BSE) and Securities and Exchange Board of India (SEBI) on what decision they have taken with regard to the application of Spicejet and Kalanithi Maran for issuance of stock warrants in the airline to him.

Aircel-Maxis: Dayanidhi, Kalanithi Maran summoned as accused

Aircel-Maxis: Dayanidhi, Kalanithi Maran summoned as accused

Beside Maran brothers, Special CBI Judge O P Saini also summoned Kalanithi's wife Kavery Kalanithi, K Shanmugam, Managing Director of South Asia FM Ltd (SAFL), and two firms -- SAFL and Sun Direct TV Pvt Ltd (SDTPL) -- as accused for July 11.

Aircel-Maxis case: Court reserves order on ED charge sheet

Aircel-Maxis case: Court reserves order on ED charge sheet

A special court on Saturday reserved for February 27 its order on the issue of taking cognisance on the ED's charge sheet filed against ex-Telecom Minister Dayanidhi Maran, his brother Kalanithi Maran and four others in a money laundering case related to the Aircel-Maxis deal.

Aircel-Maxis PMLA case: Court to consider ED's charge sheet today

Aircel-Maxis PMLA case: Court to consider ED's charge sheet today

A special 2G court will on Monday consider ED's charge sheet filed against former Telecom Minister Dayanidhi Maran, his brother Kalanithi Maran and four others in the Aircel-Maxis deal related money laundering case.

Aircel-Maxis PMLA case: Court to consider ED's charge sheet

Aircel-Maxis PMLA case: Court to consider ED's charge sheet

A special 2G court will on Monday consider ED's charge sheet filed against former Telecom Minister Dayanidhi Maran, his brother Kalanithi Maran and four others in the Aircel-Maxis deal related money laundering case.

Two Independent directors of SpiceJet resign

No-frills carrier SpiceJet Tuesday announced the resignation of two of its independent directors, Nicholas Martin Paul and R Ravivenkatesh from its Board.

HC stays summons issued against Kalanithi Maran in IT case

The Delhi High Court on Friday stayed summons issued by a trial court against Spicejet's former Chairman Kalanithi Maran in one of the two tax evasion cases for his alleged failure to deposit TDS of two years of the airline with the Income Tax (IT) Department.

 

FM auction: Govt to challenge two HC decisions on Sun TV

Government has decided to challenge the decisions of the Madras and Delhi High Courts allowing Kalanithi Maran promoted Sun Group to participate in the FM radio phase-III auction.

Red FM can participate in FM radio auctions: High Court

The ministry had also told the court that they need 12 hours to configure the software to be used for the auction process.

Summons unfortunate, we are not tax dodgers: Kalanithi Maran

Maran added that in fact on various occasions, tax authorities had honoured Sun TV Network for making highest tax payment in the region.

Court summons SpiceJet, Kalanithi Maran as accused in IT cases

Budget carrier SpiceJet Ltd, its Chairman Kalanithi Maran and another top company official have been summoned as accused by a Delhi court in two tax evasion cases for their alleged failure to deposit over Rs 147 crore TDS with the Income Tax (IT) Department.

DMK slams Centre on rejecting SunTV applications in FM auction

DMK President M Karunanidhi Friday said Centre's rejection of applications for Sun TV Group, owned by his grand nephew Kalanithi Maran, to participate in Phase III of FM auctions amounted to "strangulating democracy" and asked the government to reconsider its decision.

Sun TV Case: SC says matter to be heard by 2G bench; July 13 next date of hearing

The Supreme Court on Friday said that the Sun TV matter will be heard only by 2G bench of the court.

Sun TV row: 45 FM radio stations, 33 TV channels may face ban

Notwithstanding objections from Information and Broadcasting Ministry, Union Home Ministry last week made it clear that it will not give security clearance to Kalanithi Maran-owned Sun television network, alleging that many rules had been violated by the owners.

Sun TV down 3.5%; shares extend losses for 6th straight day

Sun TV down 3.5%; shares extend losses for 6th straight day

Shares of Sun TV Network on Monday fell by 3.5 percent , extending downfall for the sixth straight session, after the Union Home Ministry clarified last week that it will not give security clearance to the Kalanithi Maran-owned company.

Security clearance to Sun TV may compromise economic security

Security clearance to Sun TV may compromise economic security

Attorney General Mukul Rohatgi's opinion favouring security clearance to Sun TV has raised concerns among Home Ministry officials as they fear it might compromise the country's "economic security".

Sun TV surges 8% after AG backs grant of security clearance

Shares of Sun TV Network soared almost 8 percent Friday after Attorney General (AG) Mukul Rohatgi supported grant of security clearance to 33 channels of the Kalanithi Maran-promoted firm.