Kalanithi Maran

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Kalanithi Maran - Total results - 88
Aircel-Maxis case: Enforcement Directorate attaches Maran and his brother's properties worth Rs 742 cr
Business

Aircel-Maxis case: Enforcement Directorate attaches Maran and his brother's properties worth Rs 742 cr

The ED attached assets worth Rs 742.58 crore in the name of former Telecom Minister Dayanidhi Maran, his businessman brother Kalanithi and other family members in connection with its money laundering probe in the Aircel-Maxis deal.

Aircel-Maxis case: Marans challenge CBI court's jurisdiction
Business

Aircel-Maxis case: Marans challenge CBI court's jurisdiction

Special CBI judge OP Saini issued notice to the CBI seeking their response on the pleas field by the Maran brothers on 3 August.

Relief for SpiceJet staffers as Ajay Singh says no big cut in manpower
Business

Relief for SpiceJet staffers as Ajay Singh says no big cut in manpower

Sources told CNBC-TV18 that the airlines will see significant rejig of the top management but people at junior and mid levels will not be disturbed.

SpiceJet shares jump 17% on CCI nod for capital infusion plan
Business

SpiceJet shares jump 17% on CCI nod for capital infusion plan

The scrip, listed on the BSE, jumped 17.79 percent to Rs 23.50. It had opened at Rs 22.80 and touched an intra-day high of Rs 23.50.

SpiceJet new 'cheaper than train tickets' offer with fares starting at Rs 599
Business

SpiceJet new 'cheaper than train tickets' offer with fares starting at Rs 599

With the aviation regulator permitting advance bookings and Singh pumping in initial funds, the company seems to have come out the dire financial situation now

Aircel-Maxis deal: SC asks Marans to raise it before Special Court
India

Aircel-Maxis deal: SC asks Marans to raise it before Special Court

The apex court said the Marans could state before the Special Court that the Aircel-Maxis case was not part of the 2G spectrum scam and therefore cannot be heard by the designated judge who has been nominated to hold prosecution of the cases exclusively arising out of the 2G scam.

Aircel-Maxis Case: SC not to interfere in trial court order summoning Marans
Business

Aircel-Maxis Case: SC not to interfere in trial court order summoning Marans

The Supreme Court today refused to entertain the plea of former Telecom Minister Dayanidhi Maran and his brother Kalanithi Maran in the Aircel-Maxis case

Marans exit, SpiceJet to shift head office from Chennai to Delhi
Business

Marans exit, SpiceJet to shift head office from Chennai to Delhi

Kalanithi Maran, his wife Kavery and Managing Director S Natrajhen have resigned from SpiceJet since it is being acquired by Ajay Singh

SpiceJet board approves stake sale from Maran to Ajay Singh
Business

SpiceJet board approves stake sale from Maran to Ajay Singh

SpiceJet has been struggling to pay its bills due to a cash crunch and had briefly grounded planes in December.

SpiceJet's back with discount schemes: 5 lakh seats on offer starting at Rs 1,499
Business

SpiceJet's back with discount schemes: 5 lakh seats on offer starting at Rs 1,499

The offer is applicable on all direct flights on SpiceJet's domestic network

 DGCA lifts curb on advance bookings, government clears SpiceJet plan
Business

DGCA lifts curb on advance bookings, government clears SpiceJet plan

The airline had also submitted a "scheme of reconstruction and revival" for the takeover of ownership, management and control of the airline by the new promoters to the civil aviation ministry for its approval.

Relief for SpiceJet: DGCA allows airline to accept bookings till October
Business

Relief for SpiceJet: DGCA allows airline to accept bookings till October

The DGCA had earlier restricted SpiceJet to take advance bookings only up to 31 March.

Foreign investors to play key role in Ajay Singh's five-year plan for SpiceJet revival
Business

Foreign investors to play key role in Ajay Singh's five-year plan for SpiceJet revival

While the company did not disclose the financial details of the deal and revival plan, official sources said that overall the deal size could be worth Rs 1,500 crore in three tranches.

SpiceJet revival: Hectic parleys in Delhi, fund infusion seen by January end
Business

SpiceJet revival: Hectic parleys in Delhi, fund infusion seen by January end

The airline is also believed to have renewed its bank guarantee to Airports Authority of India

SpiceJet almost regular with payments: BOC Aviation
Business

SpiceJet almost regular with payments: BOC Aviation

The cash-strapped budget carrier had presented a revival plan to the civil aviation ministry late last month, but it was told to submit a revised comprehensive plan with more details.

SpiceJet extends flight cancellations till 31 January
Business

SpiceJet extends flight cancellations till 31 January

According to the latest update on the airline's website, over 300 flights have been cancelled till 31 January 2015, which include mostly domestic flights and a few connecting Nepal and Afghanistan.

Govt to Ajay Singh: Rs 1,200 cr investment is fine, but tell us how SpiceJet can be run now
Business

Govt to Ajay Singh: Rs 1,200 cr investment is fine, but tell us how SpiceJet can be run now

Singh and his partners need to pump in some money by next week or convince the ministry of civil aviation that they have an iron clad investment plan.

Sun TV C00 arrested over sexual harassment allegation by former employee
India

Sun TV C00 arrested over sexual harassment allegation by former employee

The Chief Operating Officer of Sun TV was on Friday arrested by the police in Chennai over a sexual harassment allegation by a former woman employee.

Meet SpiceJet saviour Ajay Singh who coined the slogan 'ab ki baar...'
Corporate

Meet SpiceJet saviour Ajay Singh who coined the slogan 'ab ki baar...'

Will Singh's sportsman spirit and business acumen lift SpiceJet out of the trouble? The answer is anybody's guess.

SpiceJet runs into more turbulence, flights grounded for hours
Corporate

SpiceJet runs into more turbulence, flights grounded for hours

Over 150 flights of the airline, which has 243 scheduled services a day, were cancelled, as many of the hundreds of harried passengers across the country got into heated exchanges with helpless SpiceJet staff at airports.