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May 27, 2024 · The two lessors have told Delhi High Court that the airline has agreed to settle outstanding claims of $10.8 million for $5.9 million. KAL Airways and Kalanithi Maran on Monday, May 27, announced that it will seek damages of over ₹1,323 crore from SpiceJet and Ajay Singh as determined by the FTI Consulting LLP, United Kingdom.
Jun 8, 2015 · Kalanithi Maran, the undisputed media mogul of the South, heads the Sun Group, a giant conglomerate that owns 33 television channels, 45 FM radio stations, 5 magazines, two daily newspapers, an ...
Kalanithi Maran to seek Rs 1,323 crore in damages from SpiceJet According to the Sun group, as part of a share transfer agreement signed in 2015 when Ajay Singh took over SpiceJet, Maran and KAL Airways had paid SpiceJet Rs 679 crore for issuing warrants and preference shares. However, Maran alleged that the warrants and preference shares were not allotted, and initiated arbitration proceedings against SpiceJet and Singh.
May 20, 2024 · Kavya Maran biography (Wiki) Sunrisers Hyderabad team owner Kavya Maran was born on 6 August 1992 in Chennai, Tamil Nadu, she is a famous female entrepreneur in India, and she is also famous for being the daughter of Sun Group Chairman “Kalanithi Maran”. And she came into the media headlines when during a match, the match cameraperson ...
Jul 31, 2023 · Justice Chandra Dhari Singh pronounced the verdict in a section 34 petition filed by the parties in connection with the above mentioned arbitral award dated July 20, 2018, wherein the decree holders —Kal Airways and Kalanithi Maran—were awarded a refund of Rs 308 crore towards the warrants, as well as a refund of Rs270 crore towards Cumulative Redeemable Preference Shares (CRPS).
Feb 10, 2022 · The Supreme Court on Thursday asked Kalanithi Maran, the former promoter of SpiceJet, to consider an offer made in court by the air carrier to settle a prolonged share transfer dispute between them.
Aug 10, 2023 · Kalanithi Maran is the creator of Sun Network, which is regarded as one of our continent’s most popular media enterprises. Kaveri Maran, Kavya Maran’s mother, is the joint managing director of Sun Network Company. Also, Kaveri Maran is a well-known figure, as she is widely regarded as India’s highest-paid business woman.
