C Sivasankaran

C Sivasankaran News

IL&FS probe: NCLT allows govt to prosecute auditors Deloitte, BSR; C Sivasankaran and 2 independent directors
Business

IL&FS probe: NCLT allows govt to prosecute auditors Deloitte, BSR; C Sivasankaran and 2 independent directors

The NCLT said the corporate affairs ministry can go ahead with the prosecution based on the findings of the probe

Airtel-Tata Tele deal: C Sivasankaran to drag Cyrus Mistry to court for causing him Rs 3,000 crore loss
Business

Airtel-Tata Tele deal: C Sivasankaran to drag Cyrus Mistry to court for causing him Rs 3,000 crore loss

Earlier this month, Mistry had questioned the rationale behind the free sale of Tata Teleservices to Airtel.

Full text: Cyrus Mistry to appeal against NCLT order; terms ruling as 'disappointing, not surprising'
Business

Full text: Cyrus Mistry to appeal against NCLT order; terms ruling as 'disappointing, not surprising'

Ousted Tata Sons chairman Cyrus Mistry today said he would appeal against the order of National Company Law Tribunal (NCLT) that dismissed pleas challenging his removal.

Cyrus Mistry to appeal NCLT verdict after it rules in favour of Tata Sons, rejecting all allegations
Business

Cyrus Mistry to appeal NCLT verdict after it rules in favour of Tata Sons, rejecting all allegations

Cyrus Mistry, in the petition filed under the Companies Act, claimed that his removal was due to a result of mismanagement by the board's trustees and oppression of minority shareholders of the group.

IDBI Bank loan fraud: Two independent directors quit after CBI files FIR in connection with Rs 600 cr scam
Business

IDBI Bank loan fraud: Two independent directors quit after CBI files FIR in connection with Rs 600 cr scam

Two independent directors Ninad Karpe and S Ravi have resigned from the board of state-owned IDBI Bank days after CBI filed FIR in connection with Rs 600 crore loan given by the bank to former Aircel promoter C Sivasankaran, his son and companies controlled by him

Aircel-Maxis case: Dayanidhi Maran, all accused discharged by 2G special court
Business

Aircel-Maxis case: Dayanidhi Maran, all accused discharged by 2G special court

Media reports say CBI is likely to appeal in the Supreme Court against the special court order

Aircel-Maxis case: Dayanidhi Maran refutes claims of pressurising Sivasankaran to sell stakes
India

Aircel-Maxis case: Dayanidhi Maran refutes claims of pressurising Sivasankaran to sell stakes

Former Telecom Minister Dayanidhi Maran on Thursday refuted before a special court CBI's claim that he had pressurised a Chennai-based telecom promoter to sell his stakes in Aircel to a Malaysian firm Maxis Group in 2006.

FEMA probe: StanChart, TamilNad Mercantile Bank may have a lot of explaining to do
Corporate

FEMA probe: StanChart, TamilNad Mercantile Bank may have a lot of explaining to do

More than the Fema violation angle, the critical question is whether StanChart attempted to flout the Indian laws to acquire a significant stake in a local bank without the RBI's approval

2G case: Maran 'pressurised' Sivasankaran to sell his companies, says CBI
India

2G case: Maran 'pressurised' Sivasankaran to sell his companies, says CBI

Former Telecom Minister Dayanidhi Maran had "pressurised" and "forced" Chennai-based telecom promoter C Sivasankaran to sell his stakes in Aircel and two subsidiary firms to Malaysian firm Maxis Group in 2006, the CBI today told a special court.

CBI awaits AG's opinion on charge sheet against Maran
India

CBI awaits AG's opinion on charge sheet against Maran

Maran, who has been examined by CBI, has denied all the allegations levelled against him and his family members.

Will SC take 2G petitioner to task for U-turn on Maran?
Business

Will SC take 2G petitioner to task for U-turn on Maran?

Is the case against Dayanidhi Maran falling apart after Telecom Watchdog makes a U-turn?

Was Malaysian govt silent partner in Maxis-Maran deal?
Business

Was Malaysian govt silent partner in Maxis-Maran deal?

Maxis group, which is a Malaysia-based group owned by T Ananda Krishnan, and the Malaysian government are partners in Astro, which invested Rs 629 crore in Sun Direct TV, the Maran family's direct-to-home company.

CBI may have enough on Maran to ask for his arrest
Politics

CBI may have enough on Maran to ask for his arrest

After Raja, Dayanidhi Maran may be the next DMK minister to face arrest for his alleged role in the 2G scam. The CBI believes its case against him is strong.