iWorld
Marans discharged, SC ‘no’ to stay, hearing on Wed
MUMBAI: The apex court, as of now, refused to grant a stay on the CBI court order discharging the accused in the 2G spectrum scam. The case will be heard again in the Supreme Court next Wednesday.
The Enforcement Directorate (ED) had moved the court against the discharge of former union minister Dayanidhi Maran, his brother Kalanithi Maran and others in the Aircel-Maxis case. The ED also urged the court not to release the properties of the accused attached in the case.
The designated court earlier discharged the former telecom minister, and Kalanithi, and others in the Maxis-Aircel deal case filed by enforcement directorate (ED) and the CBI, PTI reported. Special judge OP Saini, who is especially dealing with the 2G spectrum scam cases and related investigation, passed this order.
All the accused had denied the charges levelled against them by the law-enforcement agencies.
The order may not have any bearing on T Ananda Krishnan and Ralph Marshall as the court already separated the trial against them.
The CBI had registered a case Krishnan and Marshall, Astro All-Asia Networks, UK, Sun Direct TV, Maxis Communications, Malaysia, South Asia Entertainment Holdings, Malaysia and late JS Sarma (then additional secretary – telecom). They were charge sheeted for alleged offences to be punishable under section 120-B of IPC and under concerned provisions of the Prevention of Corruption Act.
ED had chargesheeted the Maran brothers, Kalanithi’s wife Kavery, South Asia FM managing director K Shanmugam and Sun Direct TV under provisions of the Prevention of Money Laundering Act (PMLA). The court discharged South Asia Entertainment Holdings and Sun Direct TV apart from the Maran brothers.
Also Read:
Aircel-Maxis case: 2G court seeks to speed trial against Marans
iWorld
JioStar revenue hits Rs 9,784 crore as cricket fuels 22 per cent growth
A surge in digital viewership and sports dominance fuels a blockbuster quarter for the media giant
MUMBAI: JioStar is batting on a flat pitch. The media titan’s fourth-quarter results for the financial year 2026 reveal a business scaling new heights, propelled by an unprecedented appetite for premium sports and digital-first storytelling.
Gross revenue for the quarter soared by 22.15 per cent to Rs 9,784 crore, up from Rs 8,010 crore in the third quarter. Operationally, the momentum was equally strong; revenue from operations climbed 21 per cent to Rs 8,372 crore. These figures underscore the firm’s successful integration following the Reliance and Disney merger, creating a dominant force in the Indian market.
The annual performance has been nothing short of a spectacle. Full-year gross revenue reached a massive Rs 36,248 crore, while annual profit after tax hit Rs 3,210 crore. This rapid expansion reflects JioStar’s ability to capture and monetise the massive growth in India’s media consumption.
Cricket proved to be the ultimate growth engine. The ICC Men’s T20 World Cup 2026 and TATA IPL 2026 delivered “record-breaking viewership” across both television and digital screens. The World Cup final alone drew a global peak concurrency of 72.5 million on JioHotstar, cementing its status as the nation’s premier streaming destination. On television, JioStar maintained a commanding 34.2 per cent viewership share, reaching a staggering 810 million viewers nationwide.
The digital numbers were just as impressive. JioHotstar averaged 500 million monthly active users, driven by consistent subscriber growth and innovative AI-led content discovery tools. These advancements are ensuring that JioStar remains at the cutting edge of the global “Race for Attention.”
With a firm grip on the country’s most valuable sporting rights and a rapidly growing digital footprint, JioStar is perfectly positioned for the future. It has built the ultimate content powerhouse—one that is ready to dominate the Indian living room for years to come.
