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Sun Group News

20 Jul 2023

Meet IPL Team Boss Who Is Heir To Rs 33,000 Cr Empire & Hunting For New Coach

She has also come to be known as the original 'mystery girl' of IPL and has reported net worth of over Rs 400 crore.

Paradise Papers

06 Nov 2017

Paradise Papers: 714 Indian names in biggest offshore tax evasion data leak

"In all, there are 714 Indians in the tally," said the Indian Express in a front-page banner story done as part of a world-wide probe carried out by the International Consortium of Investigative Journalists (ICIJ).

19 May 2016

As Jayalalithaa turns victorious, Sun TV's stock feels the heat!

As J-Jayalalithaa-led AIADMK registers a landslide victory in the recently conducted assembly polls, Sun TV Network, backed by DMK faces heat.

17 Aug 2015

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

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.

Kalanithi Maran

23 Jul 2015

Summons unfortunate, we are not tax dodgers: Kalanithi Maran

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

Madras High Court

23 Jul 2015

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

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

15 Jan 2015

SpiceJet deal announcement linked to Pongal festival!

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.

16 Jan 2015

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

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.

15 Jan 2015

SpiceJet revival: Singh says more investors to join in

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.

15 Jan 2015

SpiceJet says looking ahead to normalcy

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.

14 Jan 2015

Arrangements with group cos are commercial decisions: SpiceJet

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.

09 Jan 2015

SpiceJet shares surge 10% on hopes of capital infusion

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

22 Dec 2014

SpiceJet co-founder seeks time to finalise rescue

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.

24 Nov 2014

SpiceJet says in talks with investors to raise capitals

Cash-strapped budget airline SpiceJet, which has been exploring various means to raise funds for quite some time, Monday said it is in talks with a few investors to mop up fresh capital.

21 Nov 2014

SpiceJet stock up 15% on stake sale reports

Shares of SpiceJet soared nearly 15 percent today amid reports of stake sale by the Sun group which owns the airline.

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