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Kalanithi Maran with Prime Minister Manmohan Singh
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The highest paid CEOs in India

February 17, 2009

Kalanithi Maran

Rank: No 2

Company: Sun TV Network Limited

Designation: Chairman and managing director

Compensation: Rs 32.41 crore (Rs 324.1 million)

Sun TV market cap: Rs 6,914.48 crore (Rs 69.14 billion)

About: Kalanithi Maran heads Sun TV, India's biggest regional broadcaster. He owns 21 television channels in Tamil, Telugu, Malayalam and Kannada and 42 FM stations in Tamil, Telugu, Kannada and Hindi. He is a shareholder in Red FM. He also owns two Tamil newspapers and four Tamil magazines.

In 2008, in partnership with Malaysia's Astro, he launched Sun Direct, a direct-to-home satellite television service provider. There are expansion plans in the pipeline, particularly in the television and radio industries.

Maran is the son of the late DMK leader and former Union minister Murasoli Maran, the grandnephew of DMK president M Karunanidhi, and the brother of Dayanidhi Maran, former Union minister for communications and information technology.

Though Sun TV is listed on the Bombay Stock Exchange, Maran owns 90 per cent of its shares. Forbes has ranked him India's 20th richest and the world's 446th richest person.

Image: Kalanithi Maran with Prime Minister Manmohan Singh

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