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About 27 results for "kavery maran"

'Maran's SpiceJet's debt grew to Rs 1,230 cr in 18 days'
MSN News

'Maran's SpiceJet's debt grew to Rs 1,230 cr in 18 days'

Kalanithi Maran and wife Kavery-led troubled budget carrier SpiceJet's dues to foreign and Indian vendors, airport operators and oil companies ballooned from Rs 990 crore to Rs 1,230 crore in just 18 days till December 10, Lok Sabha was informed ... MSN News, 5 days ago
Millennium Post

Airline promoters

After Vijay Mallya of grounded Kingfisher Airlines, it is now the turn of Kalanidhi Maran of SpiceJet to take air-travelers, creditors, suppliers and the government for a ride. Ironically, there is a lot of similarity between the two southern ...
 The Echo Of India1 day ago Spicejet bailout would be wrong  Millennium Post2 days ago SPICEJET BAIL OUT WOULD BE WRONG  IPA Newspack.com2 days ago SPICEJET : Govt support for wealthy Marans defies reason  4 Traders4 days ago

Maran has the cash to bail out SpiceJet

Maran family owns 75% stake in publicly listed Sun TV Network, which has a market capitalisation of Rs 13,243 crore (Rs 132.43 billion) Kalanathi Maran and family, the promoters of the Sun group that runs cash-strapped SpiceJet, have enough cash to finance a bailout of the airline, whose operations remained partly suspended on Wednesday because it was unable to pay cash for aviation turbine fuel to oil companies. The airline has an immediate overdue of Rs 1,400 crore (Rs 14 billion) to vendors, ...
 Rediff.com1 week ago Maran has the cash to bail out company  Business Standard India1 week ago Sun, Hero lead list ofmost expensive boards  Business Standard India1 month ago

Companies facing huge debts run by billionaires!

"You only have to do a very few things right in your life so long as you don't do too many things wrong." Warren Buffett  Image: UB Chairman Vijay Mallya. Photograph:Reuters   Warren Buffett’s words should be an eye opener for Indian companies that have landed in a soup in their zest to conquer the world.  Several high profile companies are burdened with losses, mounting debt and have a huge load of operational costs. Ironically, the companies that have either shutdown or ...
 Rediff.com4 days ago

Too Many Questions about SpiceJet Bailout

Notwithstanding platitudes about bad loans and NPAs, the government seems to have applied little thought in handling SpiceJet's problems As the capital market regulator keeps itself busy with tightening and rewriting corporate governance rules, the ...
 Money Life4 days ago

Another Indian airline company looks poised for an emergency landing

India's fiercely competitive aviation industry has almost claimed a second victim in three years. SpiceJet, India's third largest airline operator ,has flown into rough weather andinformed India's aviation regulator about its inability to ...
 Quartz1 week ago

Meet the 10 highest paid bankers in India

Bankers are among the highest paid corporate executives globally, thanks to big cash bonuses that were doled out before the financial crisis six years ago. However, the sub-prime mess and market bloodbath thereafter have forced global banks to scale ...
 VC Circle1 month ago
NDTV Profit

World's Best Ranked CEO Gets 95% Less Than the Highest Paid

A ranking of world's "100 best CEOs" compiled by the prestigious Harvard Business Review (HBR) reveals that the top-ranked executive in the world doesn't earn the most. Amazon founder Jeffrey Bezos ' (#1 on HBR's best CEOs list) earned a ...
 NDTV Profit1 month ago World's Best CEO Earns 95% Less Than Most Paid  NDTV Profit1 month ago World's Best CEO Gets 95% Less Than Most Paid  NDTV Profit1 month ago Amazon's Bezos Ranked Best CEO, but Earns Much Less: Report  NDTV Profit1 month ago

Sun Network pays a whopping Rs 120.8 cr to its directors

Sun TV Network was recently ranked 334th in terms of revenue and 75th in terms of profit on a list of India’s top 1,000 companies for 2013-14. But the Chennai-based broadcaster is at the top on the list of companies with the most expensive boards.The company paid Rs 120.8 crore (Rs 1.2 billion) to its board of directors, 16.2 per cent of its consolidated net profit for FY14 and 16.9 per cent of the average profit for the past three years. Most of this accrued to two promoters -- Kalanithi ...
 Rediff.com1 month ago Sun, Hero lead list of most expensive boards  Sify1 month ago
Business Standard India

Crorepati CEO club grew at a slower pace last year

amy layer - executive directors and above - big time. New entrants to the crorepati club (those earning more than Rs 1 crore annually) of CEOs and promoters earning over Rs 1 crore per annum more than halved to 42 in FY14 from 87 in the previous ...
 Business Standard India2 months ago
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