SPARK OF THE CORPORATE
Coorg-born Kaveri Kalanithi, of Sun TV Networks Ltd., is India’s highest paid corporate executive. The CEO of Sun TV Network Limited, Kavery Kalanithi is actively involved in its business and day-to-day operations.
Kavery Kalanithi holds a Bachelor of Arts degree from the prestigious University of Madras, Chennai (formerly known as Madras). Her strong leadership skills and will power are the mantra behind the unprecedented success of the SUN group.
As a CEO of Sun TV Network
Kavery not only monitors the viewer feedback with regard to the programs, but also decides the content mix for airing on the various channels. Her inclination towards philanthropic activities has helped her become a part of the on board trustees of SUN foundation, which is a public charitable organization and she also supervises its daily operations. Further, she is the Non-executive Chairman of Spice Jet Limited.
Analyzing the media and entertainment industry, the firm said the digitalization drive by the Centre along with addressability for cable television would help Sun TV Network. Being the largest regional TV network and one of the key players in the DTH space, it is expected that the new stream of revenue for the firm arising from the increased DTH subscriber base in south India would maintain a positive momentum in the coming years.
Highest paid business women
According to Sun TV's annual report, the company's founder and executive chairman Maran and his wife Kavery Kalanithi, who is an executive director in the company, earned salaries of Rs 13.14 crore each during the year 2015-16. While the salary level remained flat, ex-gratia/bonus rose to Rs 58.33 crore from Rs 48.13 crore for Maran and to Rs 58.32 crore from Rs 48.12 crore in Kavery's case. While Kalanithi Maran is the chairman and managing director of Asia’s largest TV network, Kaveri Kalanithi is the executive director of the company. They took home a salary of Rs.122 crore (Rs.61 crore each) in the year ended 31 March.
Kavery Kalanithi made it to the headlines of every daily, when her annual pay package declined from whopping Rs. 72 crore declined to Rs. 57 crores in 2012 as an effect on recession. But, she is still the highest paid Indian business Woman, followed by Ms. Urvi A. Piramal, Chairperson of Peninsula Land with an annual pay package of Rs.7.3 crores.
Sun Network Offers 33 Television Channels in Four Indian Languages.
Sun Direct DTH - Direct to Home broadcasting Service.
Suryan FM - Tamil Radio.
Red FM - MultiLingual Indian Radio.
Sun Pictures - Tamil Movie Production house.
Dinakaran - Tamil daily news paper.
Tamil Murasu - Tamil evening news paper.
Malai Murasu - Tamil evening news paper.
Kunkumam, Muthaaram, Vannathirai, Kunguma Chimizh, Kungumam Thozhi, Aanmigam Palan - Six Tamil magazines.
Sumangali Cable Vision (SCV) - Multi System Operators (MSO).
Sun 18 - to distribute its channels through cable, DTH, IPTV, HITS and MMDS.
Sun Risers - Hyderabad in IPL.
Kaveri is the daughter of the late Jammada A. Belliappa (Bolli) and Neena, hailing from Kaikery near Gonikoppal in Coorg. Belliappa was an insurance executive based at Chennai, where Kaveri met Kalanithi at a friend’s place and got married in 1991. Also, she has been blessed daughter Kavya Maran (born 1992) who wishes to take her father’s business to a greater height of success.
Kavery Kalanithi is married to the Indian Media baron Maran Kalanithi, who is the son of Former Union Minister of Commerce, Sh. Murasoli Maran since 1991. Kalanithi is an Indian media baron who is the chairman and managing director of Sun Group. He owns television channels, newspapers, weeklies, FM radio stations, DTH services and a movie production house. He also held a major share in the Indian airline Spice Jet from 2010 to 2015. He is also the heir to a very powerful political member of the country’s polity. His father is the former Union Minister of Commerce, Murasoli Maran. He is the grand nephew of M Karunanidhi, the Chief Minister of Tamil Nadu. He was initially the owner of Spice Jet, which after undergoing through a series of losses, was sold to one of its former owner. Presently he holds the position of a Director and Convener of the gigantic Sun TV Network, which is enjoying a blooming and prosperous period.
|Mrs. Kavery Kalanithi Maran served as the Managing Director at Sun TV Network Limited since April 20, 2012.|
|Mrs. Maran served as the Chairman at SpiceJet Limited since November 2010 and served as its Non-Executive Director since November 15, 2010 until January 29, 2015.|
|She has been an Executive Director of Sun TV Network Ltd since April 20, 2012.|
|Mrs. Maran serves as a Director of Kal Radio Limited, South Asia FM Limited, Udaya FM Pvt. Ltd, Kungumam Publications Pvt. Ltd, Kungumam Nithiyagam Pvt. Ltd, Kal Investments (Madras) Pvt. Ltd, Kal Comm Pvt. Ltd, Sun Direct TV Pvt. Ltd, Kal Publications Pvt. Ltd, Kal Media Services Private Limited, Kal Holdings Private Limited and Sun Business Solutions Private Limited.|
|Mrs. Kaveri served as a Director of Kal Airways Private Limited until November 21, 2012.|
|Mrs. Kaveri served as a Director of Sun TV Network Limited from June 16, 2005 to April 20, 2012.|
|Mrs. Kaveri was also appointed as the director on Board of the company with effect from Nov. 15, 2010 and is also the on Board director of Sun TV limited Network, South Asia FM limited, Kal Radio Limited, Udaya FM limited, Kungumam Publications Private limited,Kungumam Nithiyagam Private Limited, Kal Investments, Kal Comm Private limited, Sun Direct private limited, Kal publications Pvt Ltd, Kal Airways Pvt Ltd, Kal Media Services Pvt Ltd, KAl Holdings Pvt Ltd and Sun business solutions Pvt. Ltd|
|Mrs. Kaveri is an active committee member of Share Transfer and Transmission Committee of Sun TV Network Limited, the Audit Committee of South Asia FM Ltd and Audit and Remuneration committee of Kal Radio Limited.|
|University of Madras|
|Kal Airways Private Limited|
|Indian Televison Academy award for the best Tamil TV Channel for the year 2001 - Sun TV.|
|Indian Televison Academy award for the best Malayalam TV Channel for the year 2001 - Surya TV.|
|Indian Televison Academy award for the best Kannada TV Channel for the year 2001 - Udaya TV.|
|Indian Televison Academy award for the best Telugu TV Channel for the year 2001 - Gemini TV.|
|India’s highest paid corporate executives in India.|
|I don't believe in industry's perception; I believe in creating trends.|
|I strongly believe that if you have affordable pricing, you can do mass transportation in India, with infrastructure and new airports also coming up.|
|India is witnessing substantial growth, and predominant growth is expected from cities and industrial towns which remain underserved.|
|Whatever business I do, I am an active player.|
|Worldwide, if you see, low-cost carriers are the ones doing well - RyanAir or EasyJet or SouthWest in the U.S. They are the ones who escaped the recession.|
Hope viewers caught up the spark…