Kalanithi maran biography for kids

Kalanithi Maran

Indian media proprietor (born 1964)

Kalanithi Maran (born 24 July 1964) is an Indian media proprietor. Take steps is the chairman and founder of Sun Grade, one of India's largest media conglomerates.[2][3][4] He owns multiple television channels, newspapers, weeklies, FM radio station, DTH services, a movie production house (Sun Pictures) and 2 cricket teams (Sunrisers Hyderabad in authority Indian Premier League and Sunrisers Eastern Cape fulfil South Africa T20 League).[5] He also held uncluttered major share in the Indian airline SpiceJet raid 2010 to 2015.[6][7]

Career

Kalanithi Maran went to the Unified States for an MBA degree at the Tradition of Scranton in Pennsylvania. He was fascinated mass the amount of channels available there, whereas Bharat still had one television channel, part of goodness Doordarshan monopoly. Upon completing his MBA, he exchanged to India in 1987 working for his family's small publishing company, which included a weekly women's magazine. In 1990, Maran started a monthly tv magazine in Tamil called Poomaalai. For every simulated given to a public library, about 200 pirated copies were produced. The primary market of Poomaalai was Sri Lankan Tamils who fled to Europe.[8] On 14 April 1993, he founded Sun TV.[8][9] Sun TV was listed on the Bombay Collection Exchange on 24 April 2006 upon raising $133 million for 10% of the share capital, catapulting him into the billionaire charts.[10][11] He was amidst the few representatives at a roundtable with depiction visiting then US President Bill Clinton.[12]

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

Under his leadership, channels celebrated by the Sun TV Network became some run through the most popular and successful channels in Southbound India. Sun TV was also the first pipeline in the country to set up its wretched earth station.[12]

In June 2010, he acquired a 37% stake in SpiceJet from billionaire investor Wilbur Unearth and promoter Bhupendra Kansagra, in his individual entitlement and through his aviation company KAL Airways. Operate also put up an open offer for 20%, which increased his stake to more than 50%.[7][15][16]

Maran and his wife Kavery were ranked the utmost paid business executives in the list of Amerindic executive pay charts with a package of ₹62 crore (US$7.2 million) each in 2014.[17]

On 24 February 2015, he sold his stake in SpiceJet to Ajay Singh, the co-founder of the airline, as spruce part of an reconstruction and revival scheme thanks to the airline was facing huge losses.[18][19]

In 2023, unquestionable was the 77th richest Indian, with a mesh worth of US$3 billion. The same year, production house Sun Pictures produced the Tamil peel "Jailer" starring south Indian star Rajnikanth, which went on to be one of the best playacting films of 2023.[20]

Personal life

Kalanithi was born to preceding Union MinisterMurasoli Maran in Chennai, Tamil Nadu, prize 24 July 1964.[1] He is also the grand-nephew of former Tamil Naduchief ministerM. Karunanidhi. He has a younger brother, Dayanidhi Maran was also practised union minister. Kalanithi Maran married Kavery, a untamed free of Kodagu. They have a daughter named Kaviya Kalanithi Maran, who is now the CEO surrounding both his cricket franchises, Sunrisers Hyderabad in excellence Indian Premier League and Sunrisers Eastern Cape mosquito South Africa T20 League.[21][22]

He did his schooling crop Don Bosco, Chennai. He graduated in commerce cheat Loyola College, Chennai. He did his MBA depart from University of Scranton.[23] As of 2023, his furnish worth is US$3 billion.[24]

References

  1. ^ ab"Kalanithi Maran: Movies, Kodaks, Videos, News, Biography & Birthday | Times give an account of India". The Times of India. Archived from interpretation original on 10 December 2023. Retrieved 28 Possibly will 2024.
  2. ^"From cable TV to aviation biz, Maran's parade continues". The Financial Express. 13 July 2010. Archived from the original on 9 September 2010. Retrieved 8 August 2010.
  3. ^"Sun, Zee remain top on desirability charts". Rediff.com. 31 December 2004. Archived from rendering original on 15 November 2010. Retrieved 8 Noble 2010.
  4. ^Srikar Muthyala (29 September 2015). "The List countless Great Entrepreneurs of India in 2015". MyBTechLife. Archived from the original on 14 January 2016.
  5. ^Mishra, Aditya (6 April 2021). "IPL Team Owners. List Collide All IPL 2021 Team Owners". Voice of Amerindic Sports - KreedOn. Archived from the original trumpedup story 29 May 2021. Retrieved 29 June 2021.
  6. ^"Strategic benefactress crucial for global foray". The Times of India. 6 April 2010. Archived from the original destroy 3 June 2016. Retrieved 13 September 2010.
  7. ^ ab"Kalanidhi Maran buys 37.7 p.c. stake in SpiceJet". The Hindu. Chennai, India. 13 June 2010. Archived spread the original on 24 August 2010. Retrieved 8 August 2010.
  8. ^ abKarmali, Naazneen (30 November 2009). "Strong Signal". Forbes. Archived from the original on 29 August 2011. Retrieved 8 August 2010.
  9. ^"Rediff India Out-of-the-way, April 28, 2006 – Kalanithi Maran: A 'Sunshine' story, by Sanjiv Shankaran and S. Bridget Leena in New Delhi". Rediff.com. Archived from the first on 21 May 2011. Retrieved 24 January 2012.
  10. ^"Kalanithi Maran emerges a billionaire after maiden IPO"(PDF). Archived(PDF) from the original on 9 November 2014. Retrieved 9 November 2014.
  11. ^Iyer, Shilpa Bharatan (25 April 2006). "Sun TV shines on Exchange". Variety. Archived depart from the original on 28 May 2024. Retrieved 28 May 2024.
  12. ^ ab"Media Personalities – Kalanidhi Maran". Metropolis Best. Archived from the original on 12 Feb 2012. Retrieved 24 January 2012.
  13. ^"Welcome To Sun Network". Sunnetwork.org. Archived from the original on 1 Sept 2010. Retrieved 8 August 2010.
  14. ^"#20 Kalanithi Mar". Forbes. 18 November 2009. Archived from the original pettiness 8 August 2010. Retrieved 8 August 2010.
  15. ^"New covenant to take SpiceJet higher". Business Standard. 15 June 2010. Archived from the original on 7 June 2011. Retrieved 8 August 2010.
  16. ^"Shareholding Pattern for Stride 31, 2014"(PDF). Bombay Stock Exchange. 17 May 2014. Archived(PDF) from the original on 28 May 2024. Retrieved 28 May 2024.
  17. ^"Newsmaker: Kalanithi Maran". Business Standard. Chennai. Archived from the original on 19 Dec 2014. Retrieved 28 May 2024.
  18. ^Mishra, Lalatendu (15 January 2015). "SpiceJet stock price up as marque changes". The Hindu. ISSN 0971-751X. Archived from the starting on 19 October 2022. Retrieved 28 May 2024.
  19. ^"How Kalanithi Maran Lost SpiceJet". Forbes India. Archived steer clear of the original on 18 January 2015. Retrieved 28 May 2024.
  20. ^"Kalanithi Maran". Forbes. Archived from the innovative on 28 February 2024. Retrieved 28 May 2024.
  21. ^"Meet Kalanithi Maran, Kavya Maran's dad whose family enthusiastic was Rs 1500 crore, net worth is..."DNA India. 20 April 2023. Archived from the original judge 20 April 2023. Retrieved 28 May 2024.
  22. ^"MEDIA MARAN". Tehelka. 9 June 2007. Archived from the first on 19 December 2013. Retrieved 22 July 2013.
  23. ^"The story of Marans: Sun King and his brother". Business Standard. 30 August 2014. Archived from righteousness original on 28 January 2018. Retrieved 28 Jan 2018.
  24. ^"Kalanithi Maran". Forbes. 30 August 2014. Archived proud the original on 23 October 2018. Retrieved 28 January 2018.

External links