A CBI question for Anil Ambani and the Marans’ hefty pay cheques

A fresh CBI case against former Yes Bank chief Rana Kapoor mentions two ADAG firms and the Marans remain undeterred by opposition to their compensation.

Surendar here. Just when it looked like Anil Ambani was making an unlikely comeback, his name popped up in a new case opened by the Central Bureau of Investigation (CBI) against Yes Bank’s former chief Rana Kapoor. Till now, Ambani had managed to steer clear of such an investigation. What next? The Marans of Sun TV, on the other hand, face no such uncertainty. They continue to pay themselves a hefty salary, shareholders be damned. Read on.

Fresh trouble for Anil Ambani?

In December, we wrote that Anil Ambani may well be making a slow but sure comeback with his …

Author

T Surendar

Surendar helps lead the newsroom at The Morning Context as executive editor. Over the years, Surendar has worked in industries from pharmaceuticals to diamonds, as well as a stint as an equity analyst. In his long career as a business journalist, he has led teams at The Times of India, India Today and Fortune India. He was part of the founding team at Forbes India and interned at and published in The Times, London.

Executive Editor

surendar@mailtmc.com

Mumbai

Author

Prince M. Thomas

Prince leads the newsroom at The Morning Context as managing editor. A fascination with the written word has taken Prince to some of the leading newsrooms across the country, including The Economic Times, Dow Jones Newswires, Forbes India and Moneycontrol. In a career spanning 20 years, Prince has led teams, managed pages, projects and special editions, and has authored The Consolidators, published by Penguin Random House in 2017.

Managing Editor

prince@mailtmc.com

Mumbai