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The Latest Breaking News from Kalanithi Maran

SpiceJet, Ajay Singh undertake to pay Rs 140 crore in KAL Airways dispute

SpiceJet and Ajay Singh will pay Rs 140 crore to KAL Airways and Kalanithi Maran. The airline will deposit Rs 50 crore within forty-five days. The remaining Rs 90 crore will be paid within ninety days thereafter. The Delhi High Court will monitor this payment schedule closely. Hearing SpiceJet's challenge…

The Economic Times

SC rejects SpiceJet's plea in Rs 144 cr case with Kalanithi Maran & Kal Airways, asks it to move Delhi HC

The Supreme Court of India on Tuesday asked SpiceJet to approach the Delhi High Court for more time to deposit Rs 144 crore in its dispute with Kalanithi Maran and Kal Airways. SpiceJet, represented by senior advocate Mukul Rohatgi, argued that the West Asia crisis had hurt the airline’s operations…

The Economic Times

Ashes gagging orders and a storm over a teacup: it must be the new cricket season

The revamped Hundred will bring us the awkward spectacle of men in chinos struggling to keep the lid on a Pandora’s box of political volatility

The Guardian - UK

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Hindutva trouble for AIADMK and murmurs in TN BJP

Welcome to this week’s Powertrip, a political newsletter exclusively curated for TNM and NL subscribers by Dhanya Rajendran, Shabbir Ahmed, and Pooja Prasanna. In this Tamil Nadu special, we found out the details behind DMK MP Dayanidhi Maran’s astonishing legal notice to his brother Kalanithi Maran alleging a massive corporate…

Newslaundry

Family feud turns legal: Dayanidhi Maran accuses brother Kalanithi of Sun TV fraud

Chennai Central MP and former Union minister Dayanidhi Maran has sent a legal notice to his elder brother, Sun Group chairman Kalanithi Maran, accusing him of orchestrating large-scale fraud in the allotment and transfer of shares in Sun TV Network and its affiliated firms, Bar and Bench reported .

Newslaundry

After Delhi HC judgement, SpiceJet to seek refund of Rs 450 crore from Kalanithi Maran

After the recent Judgement by Delhi HC Division Bench ruling in favour of SpiceJet and Ajay Singh in the Share Transfer Case SpiceJet will seek a refund of INR 450 crore out of the INR 730 crore it has previously paid to former promoter Kalanithi Maran and his firm, KAL…

Dynamite News

Delhi HC sets aside order upholding arbitral award in favour of Kalanithi Maran in dispute with SpiceJet

The Delhi High Court set aside an order which had upheld an arbitral award asking SpiceJet and its promoter Ajay Singh to refund ₹579 crore plus interest to media baron Kalanithi Maran.

The Hindu

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MDMK, Dravidar Kazhagam donate to CM relief fund

.Vaiko and Veeramani, along with other industrialists, donated to CMPRF towards Cyclone Michaung relief. Vaiko donated ₹10.2 lakh, Veeramani ₹10 lakh, IAS Officers Association one day's salary, IPS Officers Association ₹9.78 lakh, Kalanithi Maran ₹5 crore, Sanmar Group ₹1 crore, Sakthi Masala ₹1 crore and Lion Dates ₹50 lakh.

The Hindu

SC to consider plea for mediation to settle disputes between SpiceJet & Kalanithi Maran

The bench was hearing SpiceJet's appeal against the November 2, 2020 order of the high court, asking the airline to deposit around ₹243 crore as interest in connection with the share transfer dispute

The Hindu

Kalanithi Maran declines SpiceJet’s peace offer on share transfer dispute

Supreme Court schedules hearing on March 2

The Hindu

Supreme Court asks Kalanithi Maran to mull offer in SpiceJet share dispute case

Airline offers ₹600 crore in total as full and final settlement

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