06/8/15 9:21 AM

Sun TV’s 33 Channels Blocked?

Sun TV, the biggest south Indian media network is received blow from Ministry of Home Affairs. The MHA denied security clearance to the 33 network-owned channels, because of which Sun network channels may go off air. The MHA reportedly denied clearance as the company’s chairman Kalanidhi Maran and brother Dayanidhi have been accused in various cases. The Sun TV group said that it has not received any notifications so far from the Home Ministry. The group has decided to approach court if they receive any. Sun TV’s shares have fallen down by 25% in stock market. Share value has gone down from 356 to 295. There are currently two pending criminal probes against the Maran brothers. They are the Aircel-Maxis case and illegal usage of 300 high speed BSNL lines.

 

EDS NOTE A FILE PHOTO An on-air anchor reads the news live at the Sun New Network television news studio at in Toronto Ont. on Thursday, August 8, 2013. The Sun News Network went off the air at 5 a.m. ET Friday after negotiations to sell the troubled television channel were unsuccessful. No on-air announcement was made as the screen went dark and was replaced moments later with the Sun TV logo. THE CANADIAN PRESS/J.P. Moczulski

Tags : #suntvcases on maran brotherskalanidhi maranmaran brothersmaran sun networkMaran-owned Sun TVMHA denies clearance to sun networksun networkSun Network blockedsun tvsun tv 33 channels blockedSun TV security clearanceSun TV stock crashes