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Ananda Krishnan, Malaysian billionaire, once sponsored CSK in IPL. A look at his staggering net worth he left behindNoted Malaysian billionaire Ananda Krishnan passed away on Thursday. Krishnan’s vast business empire covered multiple sectors, and one of h...- Meet Tan Sri Ananda Krishnan: Malaysia's richest Indian, owner of three communication satellites and a USD 5.8 billion empireTan Sri Ananda Krishnan, with a net worth of US$5.8 billion, is a leading figure in Malaysian business. From telecommunications to multimed...
- Creditors to scrap bankruptcy process of Siva IndustriesThe creditors, which include State Bank of India and Malaysia’s Maxis Communications Bhd, the former owner of telecom operator Aircel, have...
- ED tightens noose around P Chidambaram, files charge sheet against him in Aircel Maxis caseED had filed the first charge sheet in the case against Chidambaram's son Karti; later, a supplementary charge sheet was also filed against...
- Malaysian tycoon T. Ananda Krishnan's $7 billion wipeout turns his India dream into nightmareT. Ananda Krishnan's $7 billion bet on mobile carrier Aircel Ltd. may go down as one of the biggest-ever flops by a foreign investor in Ind...
- Tycoon's $7 bn wipeout turns India dream into nightmareT Ananda Krishnan stands to lose all the money in Aircel due to regulatory cloud and a tariff war, people in the know say.
- Aircel lenders led by SBI agree to restructure debtThe banks will now take shares in Aircel to replace their loans and may recover their dues in an eventual sale of assets or of the company.
- Maxis is not ready to give up on Aircel, yetAircel lenders are currently reviewing plans to restructure the company’s Rs 15,500 crore debt. The company has so far serviced debt worth ...
- Malaysia, Australia hit by worst data breaches, millions left exposedMalaysia is investigating the theft of mobile-phone records for 46.2 million customers, while an online security lapse in Australia exposed...
- Aircel-Maxis case: Court ignored Maran brothers' role in money laundering, says EDAircel-Maxis case is related to allegations that Dayanidhi Maran, as telecom minister, had forced Aircel owner, C. Sivasankaran, into parti...
- Telenor joins M&A rush, seeks Aircel-Reliance Communication tieupTelenor is a fringe player in the pecking order amongst telcos, but it has a little over 50 million active customers.
- 2G court holds it has jurisdiction to try Aircel-Maxis matterSpecial Judge O P Saini passed the order while dismissing the pleas of the Maran brothers and other accused challenging the jurisdiction of...
- Aircel initiates talks with bankers to recast Rs 24000 crore loans"It has sought to change the terms of Rs 23,000-24,000 crore of loans for which repayment starts in January."
- Uncertain policies may undo India's telecom sector success: MaxisMaxis has warned that regulatory and policy uncertainties could 'completely destroy the business case' of telecom companies in the country.
- Malaysian tycoon launches $1.48-bn power firm buyoutMalaysian tycoon Ananda Krishnan has made a 1.48 billion dollar buyout offer for power and gambling firm Tanjong, the second major corporat...
- ET Now Exclusive: Aircel in talks to sell 12,000 plus towersAircel is in talks with the Tata-Quippo combine tower co for a complete sell off and appointed Nomura as the adivsor for the transaction. G...
- Indonesia Natrindo confident of 1 million mobile users in '08Indonesia's PT Natrindo Telepon Selular, the latest entrant into the country's rapidly growing telecoms sector, said it is confident of sig...
- Saudi Telecom buys 25% of Maxis for $ 3 bnSaudi Telecom Co bought 25 per cent of Malaysia's biggest mobile-phone operator Maxis Communications Bhd to reach out to more subscribers.
- Billionaire Krishnan offers to buy all of MaxisBillionaire T Ananda Krishnan plans to buy full control of Maxis Communications Bhd, Malaysia's biggest mobile-phone operator, which is val...
- Aircel fetches 14.5 pc rev to Maxis kitty in Q3India, the world's fastest growing wireless market is proving to be a goldmine for foreign telecom companies having stakes in local venture...
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