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

Last Updated: Monday, August 17, 2015, 19:21

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.

Summons unfortunate, we are not tax dodgers: Kalanithi Maran

Last Updated: Thursday, July 23, 2015, 13:13

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

Madras HC interim order permits Sun Group to take part in FM auction

Last Updated: Thursday, July 23, 2015, 12:44

The Madras High Court on Thursday issued an interim order allowing Sun Group to participate in the Phase-III auction process of FM radio.

SpiceJet deal announcement linked to Pongal festival!

Last Updated: Thursday, January 15, 2015, 21:43

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.

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

Last Updated: Thursday, January 15, 2015, 21:15

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.

SpiceJet revival: Singh says more investors to join in

Last Updated: Thursday, January 15, 2015, 20:48

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.

SpiceJet says looking ahead to normalcy

Last Updated: Thursday, January 15, 2015, 19:01

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.

Arrangements with group cos are commercial decisions: SpiceJet

Last Updated: Wednesday, January 14, 2015, 18:36

Crisis-hit carrier SpiceJet Wednesday said its arrangements with group companies are based on commercial decisions without any possibility of extending or receiving special treatment.

SpiceJet shares surge 10% on hopes of capital infusion

Last Updated: Friday, January 9, 2015, 18:12

SpiceJet's scrip zoomed 9.91 percent to Rs 18.30 -- its highest trading permissible limit for the day on the BSE.

SpiceJet co-founder seeks time to finalise rescue

Last Updated: Monday, December 22, 2014, 18:56

SpiceJet, India`s second-biggest budget carrier and fourth overall in November, has been struggling for months. Last week it was briefly forced to ground its fleet after suppliers refused to refuel planes.

SpiceJet shortlists five candidates for CEO post: Group CFO

Last Updated: Wednesday, September 25, 2013, 22:54

Kalanithi Maran-owned budget carrier SpiceJet has shortlisted five candidates for the chief executive officer's post following the resignation of Neil Mills.

SpiceJet stock gains 7%

Last Updated: Wednesday, November 21, 2012, 19:20

Shares of SpiceJet Wednesday gained more than seven percent, thereby adding Rs 151 crore to its market capitalisation, after a promoter group said it would explore options including equity contribution from existing shareholders and raising debt to finance expansion plan.