Sun TV Drops After Enforcement Directorate Moves Court Against Clean Chit To Promoter
Shares of Sun TV Ltd. declined as much as 5.6 percent intraday on Wednesday, its sixth decline in seven trading sessions, after a report by wire agency PTI suggested that troubles for its promoters may be far from over.
The Enforcement Directorate moved the Delhi High Court on Tuesday, challenging the special court's order discharging former Telecom Minister Dayanidhi Maran, his industrialist brother Kalanithi Maran and others in the Aircel-Maxis deal case, according to the PTI report.
The appeal has been filed against the trial court's February 2 order and is likely to be listed soon for hearing, it added.
A special CBI court had dropped all charges against Dayanidhi Maran and Kalanithi Maran in two Aircel-Maxis cases lodged by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED). Special CBI Judge OP Saini, while discharging them in the money laundering case, had said that no charges could be framed against any of the accused based on the materials placed on record before it.
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Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
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Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
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High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
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Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
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Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
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Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
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Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
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India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
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France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
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You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
