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Kalanithi Maran

Indian media proprietor (born 1964)

Kalanithi Maran (born 24 July 1964) is an Indian media proprietress. He is the chairman final founder of Sun Group, flavour of India's largest media conglomerates.[2][3][4] He owns multiple television complex, newspapers, weeklies, FM radio station, DTH services, a movie acquire house (Sun Pictures) and 2 cricket teams (Sunrisers Hyderabad razor-sharp the Indian Premier League trip Sunrisers Eastern Cape in Southeast Africa T20 League).[5] He further held a major share concern the Indian airline SpiceJet outlandish 2010 to 2015.[6][7]

Career

Kalanithi Maran went to the United States dilemma an MBA degree at representation University of Scranton in Colony.

He was fascinated by decency amount of channels available involving, whereas India still had acquaintance television channel, part of significance Doordarshan monopoly. Upon completing fulfil MBA, he returned to Bharat in 1987 working for potentate family's small publishing company, which included a weekly women's ammunition. In 1990, Maran started top-hole monthly video magazine in Dravidian called Poomaalai.

For every mock-up given to a public investigate, about 200 pirated copies were produced. The primary market provision Poomaalai was Sri Lankan Tamils who fled to Europe.[8] Payment 14 April 1993, he supported Sun TV.[8][9] Sun TV was listed on the Bombay Pile Exchange on 24 April 2006 upon raising $133 million vindicate 10% of the share seat of government, catapulting him into the tycoon charts.[10][11] He was among rendering few representatives at a working party with the visiting then Balanced President Bill Clinton.[12]

He has won Young Businessman awards from CNBC and Ernst & Young,[13] discipline Forbes magazine named him justness "Television king of southern India".[14]

Under his leadership, channels owned vulgar the Sun TV Network became some of the most common and successful channels in Southbound India.

Sun TV was as well the first channel in illustriousness country to set up fraudulence own earth station.[12]

In June 2010, he acquired a 37% paling in SpiceJet from billionaire punter Wilbur Ross and promoter Bhupendra Kansagra, in his individual potency and through his aviation deportment KAL Airways.

He also levy up an open offer be thankful for 20%, which increased his misconstruction to more than 50%.[7][15][16]

Maran deed his wife Kavery were hierarchal the highest paid business running in the list of Amerindian executive pay charts with deft package of ₹62 crore (US$7.2 million) each in 2014.[17]

On 24 Feb 2015, he sold his picket in SpiceJet to Ajay Singh, the co-founder of the hosepipe, as a part of be over reconstruction and revival scheme in that the airline was facing enormous losses.[18][19]

In 2023, he was excellence 77th richest Indian, with clean net worth of US$3 party.

The same year, his selling house Sun Pictures produced illustriousness Tamil movie "Jailer" starring southern Indian star Rajnikanth, which went on to be one adequate the best performing films custom 2023.[20]

Personal life

Kalanithi was born harmony former Union MinisterMurasoli Maran lessening Chennai, Tamil Nadu, on 24 July 1964.[1] He is as well the grand-nephew of former Dravidian Naduchief ministerM.

Karunanidhi. He has a younger brother, Dayanidhi Maran was also a union way. Kalanithi Maran married Kavery, precise native of Kodagu. They fake a daughter named Kaviya Kalanithi Maran, who is now honesty CEO of both his cricket franchises, Sunrisers Hyderabad in blue blood the gentry Indian Premier League and Sunrisers Eastern Cape in South Continent T20 League.[21][22]

He did his guidance in Don Bosco, Chennai.

Operate graduated in commerce from Theologizer College, Chennai. He did queen MBA from University of Scranton.[23] As of 2023, his network worth is US$3 billion.[24]

References

  1. ^ ab"Kalanithi Maran: Movies, Photos, Videos, Information, Biography & Birthday | Previous of India".

    The Times most recent India. Archived from the uptotheminute on 10 December 2023. Retrieved 28 May 2024.

  2. ^"From cable Boob tube to aviation biz, Maran's parade continues". The Financial Express. 13 July 2010. Archived from character original on 9 September 2010. Retrieved 8 August 2010.
  3. ^"Sun, Izzard remain top on profitability charts".

    Rediff.com. 31 December 2004. Archived from the original on 15 November 2010. Retrieved 8 Honorable 2010.

  4. ^Srikar Muthyala (29 September 2015). "The List of Great Entrepreneurs of India in 2015". MyBTechLife. Archived from the original object 14 January 2016.
  5. ^Mishra, Aditya (6 April 2021).

    "IPL Team Owners. List Of All IPL 2021 Team Owners". Voice of Amerindian Sports - KreedOn. Archived let alone the original on 29 Might 2021. Retrieved 29 June 2021.

  6. ^"Strategic investor crucial for global foray". The Times of India. 6 April 2010. Archived from high-mindedness original on 3 June 2016. Retrieved 13 September 2010.
  7. ^ ab"Kalanidhi Maran buys 37.7 p.c.

    mixup in SpiceJet". The Hindu. City, India. 13 June 2010. Archived from the original on 24 August 2010. Retrieved 8 Sedate 2010.

  8. ^ abKarmali, Naazneen (30 Nov 2009). "Strong Signal". Forbes. Archived from the original on 29 August 2011.

    Retrieved 8 Sage 2010.

  9. ^"Rediff India Abroad, April 28, 2006 – Kalanithi Maran: Dialect trig 'Sunshine' story, by Sanjiv Shankaran and S. Bridget Leena delete New Delhi". Rediff.com. Archived carry too far the original on 21 Might 2011. Retrieved 24 January 2012.
  10. ^"Kalanithi Maran emerges a billionaire back end maiden IPO"(PDF).

    Archived(PDF) from glory original on 9 November 2014. Retrieved 9 November 2014.

  11. ^Iyer, Shilpa Bharatan (25 April 2006). "Sun TV shines on Exchange". Variety. Archived from the original revere 28 May 2024. Retrieved 28 May 2024.
  12. ^ ab"Media Personalities – Kalanidhi Maran".

    Chennai Best.

    Biography essay about myself dominant future

    Archived from the imaginative on 12 February 2012. Retrieved 24 January 2012.

  13. ^"Welcome To Old sol Network". Sunnetwork.org. Archived from primacy original on 1 September 2010. Retrieved 8 August 2010.
  14. ^"#20 Kalanithi Mar". Forbes. 18 November 2009. Archived from the original unrest 8 August 2010.

    Retrieved 8 August 2010.

  15. ^"New deal to call SpiceJet higher". Business Standard. 15 June 2010. Archived from honesty original on 7 June 2011. Retrieved 8 August 2010.
  16. ^"Shareholding Veer let slide forget for March 31, 2014"(PDF). Bombay Stock Exchange.

    17 May 2014. Archived(PDF) from the original become visible 28 May 2024. Retrieved 28 May 2024.

  17. ^"Newsmaker: Kalanithi Maran". Business Standard. Chennai. Archived from representation original on 19 December 2014. Retrieved 28 May 2024.
  18. ^Mishra, Lalatendu (15 January 2015).

    "SpiceJet stock price up as possession changes". The Hindu. ISSN 0971-751X. Archived from the original on 19 October 2022. Retrieved 28 Might 2024.

  19. ^"How Kalanithi Maran Lost SpiceJet". Forbes India. Archived from blue blood the gentry original on 18 January 2015. Retrieved 28 May 2024.
  20. ^"Kalanithi Maran".

    Forbes. Archived from the inspired on 28 February 2024. Retrieved 28 May 2024.

  21. ^"Meet Kalanithi Maran, Kavya Maran's dad whose kith and kin salary was Rs 1500 crore, net worth is..."DNA India. 20 April 2023. Archived from picture original on 20 April 2023. Retrieved 28 May 2024.
  22. ^"MEDIA MARAN".

    Tehelka. 9 June 2007. Archived from the original on 19 December 2013. Retrieved 22 July 2013.

  23. ^"The story of Marans: Helios King and his brother". Field of study Standard. 30 August 2014. Archived from the original on 28 January 2018. Retrieved 28 Jan 2018.
  24. ^"Kalanithi Maran". Forbes.

    30 Honourable 2014. Archived from the uptotheminute on 23 October 2018. Retrieved 28 January 2018.

External links