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Maxis in trouble as SC summons its chief

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MUMBAI: The Supreme Court of India has restrained the transfer of 2G licences from the Malaysian company Maxis which were allotted to Aircel originally. Chief Justice J S Khehar also proposed to restrain earning of any revenue by using the 2G spectrum licences. Maxis had allotted its licence to Aircel in 2006.

The bench said that the instant order was issued to bring to the notice of Malaysian business T Ananda Krishnan – the owner of Maxis group and to ensure he makes his appearance in the apex court. The bench also comprised of Justices N V Ramana and D Y Chandrachud.

The apex court also declared that the 2G licences shall be seized if Krishnan and another Maxis executive Ralph Marshall fail to appear on 27 January. The bench has also asked the telecom ministry to devise ways to prevent adverse impact which can take place if the 2G licences are provided to the other service providers and not Aircel.

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Krishnan added that they cannot tolerate a person using the national resource such as spectrum of India and not honouring the court notice. The court has also directed the government of India to publish the order instantly in two leading Malaysian newspapers. The court specified that, if the proposed order is passed, it would not be open to any of the accused to raise the issue of monetary losses.

BJP leader Subramaniam Swamy had alleged that FIPB clearance to Aircel-Maxis was granted illegally. Special 2G prosecutor Anand Grover said that hearing on framing of charges in the trial court is scheduled for 9 January. The bench has also added that the material for further hearing on 27 January and other charges made by the BJP spokesperson will be dealt at a later stage.

Also Read:    Aircel-Maxis case: 2G court seeks to speed trial against Marans

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iWorld

Epic Company launches unified Epic Studio for films and OTT

Vivek Krishnani to head films business; Samar Khan leads OTT & Television.

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MUMBAI: Epic just merged its creative superheroes under one cape because when films and OTT need to fight for attention together, you don’t keep them in separate universes. The Epic Company has launched Epic Studio, a next-generation creative and production powerhouse that unites Juggernaut Productions and Movieverse Studio under a single banner. The move creates a streamlined, scalable platform for premium storytelling across theatrical films, OTT originals, television, digital-first formats and branded content.

Vivek Krishnani has been appointed chief executive officer, Epic Studio (Films), overseeing the theatrical and film business with a focus on culturally resonant narratives across Hindi, Telugu, Tamil, Gujarati and Malayalam cinema. Samar Khan continues as chief executive officer, Epic Studio (OTT & Television) and retains his role as chief content officer for Docubay and Epic On.

The Epic Company managing director Aditya Pittie said, “Epic Studio brings together our entire creative ecosystem under one unified studio vision. This is not just an integration of verticals, but the creation of a collaborative environment where writers, filmmakers, creators, and brand partners can seamlessly develop and scale stories across formats and screens.”

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Vivek Krishnani added, “We are building an audience-focused mainstream film studio committed to delivering fresh, engaging, and innovative stories for both theatrical and streaming platforms.”

Samar Khan commented, “This alignment allows us to approach storytelling with a unified studio mindset. We are building IP under one creative umbrella, with scale and longevity in mind from inception.”

The unified structure eliminates silos, enabling ideas to flow fluidly from concept to screen while adapting to evolving audience behaviour. Epic Studio positions itself as a creator-led ecosystem championing purposeful, resonant storytelling with commercial strength.

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In an entertainment landscape where stories now leap between screens faster than plot twists, Epic isn’t just building a studio, it’s crafting a single launchpad where every tale gets the best shot at soaring across every platform.

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