For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Sun TV Shares Fall As High Court Cancels Dayanidhi Maran's Bail Plea

|

Shares in Sun TV fell a huge 4 per cent today after the Madras High Court canceled Dayanidhi Maran's interim anticipatory bail in the telephone exchange case.

Sun TV Shares Fall As High Court Cancels Dayanidhi Maran's Bail Plea
Sun TV Network: Quotes, News
BSE 485.85BSE Quote28.3 (5.82%)
NSE 484.95NSE Quote27.3 (5.63%)
The stock was last trading at Rs 329, down 4 per cent over Monday's close. Shares of Sun TV have remained volatile in the last one month as the government had decided not to renew the company's license.
 

The Home Ministry had struck down an Information and Broadcasting Ministry's proposal for giving security clearance to 33 television channels of Kalanithi Maran-promoted Sun TV Network, a move that could lead to cancellation of their broadcasting licence.

The decision of the Home Ministry was believed to have been influenced by pending criminal cases against Mr. Maran and his brother and former Union Minister Dayanidhi Maran.

GoodReturns.in

Read more about: sun tv
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more