Marans’ Many Woes
- The Aircel-Maxis deal The CBI charged the Maran brothers under the Prevention of Corruption Act, alleging that Dayanidhi had entered into a criminal conspiracy with T. Ananda Krishnan, owner of Maxis, and forced Aircel owner C. Sivasankaran to sell his shares in Aircel
- Sun’s monopoly A ruthless display of monopoly power in TV distribution and movies in Tamil Nadu led to many complaints. This forced CM Jayalalitha to rejuvenate Arasu Cable in 2011. It took almost a year of litigation before Tata Sky and Sun TV reached an out-of-court settlement on pricing and distribution in 2007.
- SpiceJet Buzz The Marans, it is being said, want to exit the capital-intensive airline business. Their inaction hence could be an obvious ploy to ground the airline, much like what happened to Kingfisher.
- The BSNL case Dayanidhi Maran is also under the CBI scanner for misutilisation of 323 BSNL lines at his Chennai residence. Meant...