Margadarsi in trouble
2007/8/12 22:35:27 
This time, Margadarsi is in real trouble. The Criminal Investigation Department officials have finally collected enough evidence, which they think is sufficient to nail Ramoji Rao. Margadarsi has floated a HUF and under the RBI ACT, cannot collect money from outsiders, except from relatives.
The CID gathered evidence after verifying the address given in the Fixed Deposit certificates and has found that nearly 20 per cent of the addresses given in the FDs were fake. It clearly shows that these are benami transactions.
Andhra News : Margadarsi in trouble
HC slaps fine on Ramoji Rao
2008/3/11 5:51:26 Eenadu chief editor and Margadarsi chairman Ramoji Rao faced some very embarrassing situation today. Ramoji Rao had field a petition in the high court in connection with some income tax notices served on him. In his petition Ramoji Rao made some personal allegations against chief minister YS Rajashekar Reddy. The court took objection to this and asked Ramoji Rao to drop the personal allegations and submit the petition afresh. But even after a week, Ramoji did not comply.
The High Court today took a strong note of this and raped Ramoji on the knuckles. The court asked Ramoji to comply with its directive immediately. The court also slapped a fine of 10,000 rupees on Ramoji Rao.
Andhra News : HC slaps fine on Ramoji Rao
Big blow to Eenadu chief Ramoji Rao
2007/8/8 10:18:59 The owner of Eenadu and Margadarsi and RFC chief Ramoji Rao is facing the biggest challenge in his life today. The land tribunal delivered its verdict today and it has gone against Ramoji Rao.
The land tribunal has found Ramoji Rao and his group companies along with his family members, about 1800 acres of surplus lands. This is against the land reforms act. No individual or a family can hold more than 500 acres of land. The tribunal has directed Ramoji Rao to surrender the land.
Ramoji Rao has been given 15 days time to respond to the notice. According to some lawyers, Ramoji Rao now has no option but to comply with the order.
But people who have watched him for some years say that Ramoji will not give up without a fight. He may drag the issue in courts for years on end if possible. The details of the verdict will be known tomorrow.
Andhra News : Big blow to Eenadu chief Ramoji Rao
Ramoji asked to surrender
2008/2/11 9:00:22 The Eenadu chief Ramoji Rao and his son Ch. Kiron are now on bail. They have been on bail for almost three months now. The court issued an arrest warrant on Ramoji Rao and Kiron flowing a case filed by the owner of the premises on which Eenadu now stands.
The petitioner claimed that Ramoji Rao and Kiron had cheated him by forging some documents. He said that Ramoi Rao surrendered a part of the land to the government for road widening. The government gave alternate land and Ramoji Rao and Kiron got the land registered in their names.
Ramoji Rao has since refuted this. He claimed that he and his son are innocent. Ramoji Rao moved a bail petition in the High Court seeking extension of bail. The High Court directed Ramoji Rao to first surrender before the court in Visakhapatnam within the next ten day. The High Court will take up his bail petition after that. Andhra News : Ramoji asked to surrender
Ramoji Rao’s 200 crore palace in RFC
2011/4/17 2:59:01 
The Eenadu and Margadarsi baron Ramoji Rao has constructed a palatial bungalow in the Ramoji film city.
The ‘palace’ that resembles a fortress has been constructed on top of a hill. The palace is reportedly worth about 200 crore. Ramoji has also got a helipad constructed near his palace.Andhra News : Ramoji Rao’s 200 crore palace in RFC
Ramoji Rao shamed
2007/12/11 7:08:15 This could be the ultimate embarrassment faced by media baron Ramoji Rao in all his life. A case under section 420 has been booked against him. The case pertains to the 2.7 acres land leased out to Ramoji Rao by one M A Easwarkumar Varma.
Varma now alleges that Ramoji Rao and his son Ch Kiron, MD of Eenadu have cheated him by forging some documents. The government acquired about 570 yards of land from the site for road widening. The government gave an alternative site measuring about 600 yards.
Varma says that Ramoji Rao and his son have got the land registered in their names when it should rightfully belong to him. He approached the court and the court has now directed the police to file a case and serve notices to Ramoji Rao and Kiron under section 420 and other sections.
Andhra News : Ramoji Rao shamed
Ramoji is a blood sucker!
2010/11/19 23:28:45
The news tat several blood donation camps have been organized as part of Ramoji Rao’s birthday celebrations has come in as a surprise for many.
The act is seen as aping politicians. Gone Prakasa Rao who never lets an opportunity to take on the high and mighty was once again quick to react.
Gone said that the idea of blood donations camp was a joke. Ramoji has been sucking the blood of film city employees for decades by not paying them proper wages and allowances.
So where is the blood left in the employees now for Ramoji to organize blood donations camps? As usual mum is the answer form the Ramoji camp.
Andhra News : Ramoji is a blood sucker!
Ramoji, Suman war hots up
2008/5/24 9:50:23 
All is not well in ETV and in particular between Ramoji Rao and his younger son Suman is well known. Ramoji Rao did not like the way Suman was running ETV. The long drawn out soap operas with the staple fare of family fights and scheming relatives were not to the liking of Ramoji Rao.
The fact that Prabhakar was taking too much interest and also mileage in all ETV programs also did not please Ramoji Rao one bit. The final straw was the excessive interference of Prabhakar in all activities related to ETV like production to scheduling.
Ramoji Rao is reported to have blasted Prabhakar and gave him a dressing down the other day. A shocked and unnerved Prabhakar immediately put in his papers as the creative hand of ETV.
Now Suman has locked up the cassettes pertaining to some daily serials currently being aired on ETV. Ramoji Rao is now trying frantically to get hold of the cassettes that are at the ETV office in Somajigua from where his son Suman operates.
Last heard, Suman is reported to have put in his papers as MD of Ushodaya Enterprises. The family war now resembles one of the many soap operas that are being run on ETV under the supervision of Suman.
Andhra News : Ramoji, Suman war hots up
Ramoji Rao seeks bail
2007/12/14 3:14:09 The Eenadu chief Ramoji Rao and his son Ch Kiron have sough anticipatory bail in a cheating case. The bail petition was filed in the Visakhapatnam court on Thursday.
One Mr AEK Krishna Varma filed the case. The petitioner had given his land on lease to Ramoji Rao.
The Mucipal Corporation acquired about 517 yards of land for road widening. And Ramoji Rao and Ch Kiron were given 817 square yards of land as compensation. The petitioner says that Ramoji Rao and Kiron took the land by forging some documents. He was also kept in the dark about the compensation given by the municipal corporation.
Andhra News : Ramoji Rao seeks bail
Babu defends Ramoji Rao!
2007/8/9 23:17:45 
The land tribunal verdict may have gone against the Eenadu chief Ramoji Rao. But Chandra Babu Naidu is angry at the verdict. He charged the ruling congress government of launching a witch-hunt against Ramoji Rao.
Babu says that since the Ramoji Film city is a great work of great and an international standards film studio, the government should not do anything against it. Does he mean to say that even if they are many violations by RFC, no action should be taken against it?Andhra News : Babu defends Ramoji Rao!
Court rejects Ramoji appeal
2012/3/29 1:20:25 
The Kammam district Court has rejected the appeal made by media baron Ramoji Rao today. District TRS In-Charge Somayya has filed a petition against him for publishing false news against him in Eenadu news paper. Ramoji Rao, who was summoned by the court has appealed to spare him from personally attending the case as he is busy with his day to day affairs. However, the court has turned down his appeal and asked him to attend personally.
Andhra News : Court rejects Ramoji appeal
Undavalli says Ramoji Rao evaded 156 cr tax!
2008/5/2 4:48:45 Congress MP Undavalli Arun Kumar continues to grow full throttle against Eenadu group chairman Ramoji Rao. The latest salvo is about evasion of VAT to the tune of 156 crore. Undavalli alleged that Ramoji Rao sold old films and serial belonging to ETV to Ushodaya Enterprises for about 1250 crore. This was to boost up the value of the company and he then sold the shares at inflated price to raise 1250 crore. Ramoji evaded paying tax on sale of films and serials etc.
Vundavalli even wrote a letter to chief minster YS Rajashekar Reddy in this regard. The way he has been tirelessly taking on Ramoji Rao and embarrassing him, the party high command is said to toying with rewarding him with a cabinet berth after the next elections.
Andhra News : Undavalli says Ramoji Rao evaded 156 cr tax!
Ramoji's goons attack TV journalists
2011/3/15 2:09:33
The media baron Ramoji Rao who preaches values and ethics through his paper Eenadu is not known to practice them.
When the media gathered outside the court premises to cover the event of Ramoji Rao and his son Kiran attending the court, the goons of Ramoji Rao prevented the scribes from covering this.
The goons attacked the TV journalists and beat up a couple of reporters. The camera of a TV journalist was damaged.
The journalists have lodged a complaint against Ramoji Rao in the police station.
Andhra News : Ramoji's goons attack TV journalists
Ramoji grilled by IT officials
2008/3/31 8:50:47 
After the film stars and technicians, the IT authorities have now turned their attention on the Eenadu and Margadarsi chairman Ramoji Rao. Sailaja Kiron, wife of Ramoji Rao’s elder son Kiron and MD of Margadarsi, was grilled by IT sleuths some time back.
Now Ramoji Rao was summoned by the IT officials’ and questioned for more than three hours. The IT officials are still continuing their questioning even now. He was asked to explain certain irregularities in his tax returns and also asked to cough up some 40 crore as tax. The case pertains to some 120 crore as unclaimed money in Margadarsi financiers.
Andhra News : Ramoji grilled by IT officials
Ramoji Rao evades sales tax
2007/3/20 5:14:12 
It has been reliably learnt that the state government is very serious about the sales tax evasion by ETV and Ushakiron movies. The group led by Ramoji Rao had contested the charges and even went on an appeal. The appeal was dismissed both by the Sales Tax Appellate Tribunal and the High Court.
Ramoji Rao later filed a Special Leave Petition before the Supreme Court and obtained a temporary stay. The state government now is trying to get the stay vacated and recover the money. The firms owned by Ramoji Rao have reportedly evaded paying sales tax which has run up to nearly Rs. 15 crores.
Andhra News : Ramoji Rao evades sales tax
Why Eenadu ignored Chiru news?
2007/12/4 4:04:07 
The only newspaper that did not carry even a single line about Chiranjeevi’s political entry was Eenadu. This has surprised many observers but the reason is not far to seek. The group is still banking on Chandra Babu Naidu to come back to power. As such, it does not want to give any coverage to any other party or group.
Ramoji Rao is neck deep in trouble over the irregularities in Margadasri and also on some land holdings in Ramoji Fim city. The only way Ramoji Rao can come out of all the cases is if the TDP comes back to power. And this is what the paper is now trying to achieve. So any news that would affect the chances of Babu would not be given any prominence in the paper.
Observers also point out that the same Eenadu gave prominent coverage to the news of Chiranjeevi’s daughter running away from home and getting married. Even her court case in Delhi High Court was covered prominently, only to embarrass Chiranjeevi and demoralize him. So that he would drop his idea of starting a political party, this is what many people are seen commenting now
Andhra News : Why Eenadu ignored Chiru news?
Ramoji assures full support to new CM
2010/12/6 23:42:32
The Eenadu and Margadarsi chief Ramoji Rao is quite happy at the turn if events in the state. YS Jagan quitting the congress is one good news and the decision of the high command to appoint Kiran Kumar Reddy as the new CM is another good news. KKR is expected to take on Jagan and contain the damage to the congress.
Ramoji Rao’s enemy is the congress but his main and bigger enemy is the late YSR and his son Jagan. So Ramoji plans to go soft on KKR and support his government. There will not be any critical reports on KKR in Eenadu for some time.
Ramoji with this plan wants to kill two birds with one stone- weaken Jagan and thereby also weaken Jagan’s news media – Sakshi daily and Sakshi TV. Andhra News : Ramoji assures full support to new CM
Ramoji Rao surrenders in court
2011/3/15 1:49:55
Media baron and chief of Eenadu and Margadarsi group Ramoji Rao along with his son Kiran surrendered in court on Visakhapatnam today.
The media baron has been accused of cheating the owner of the land in Seethammadhara where the Eenadu office is located.
The government acquired soma part of the land for road widening and gave alternate land. But Ramoji Rao and Kiran who happen to be just the lease holders got the compensation land registered in their names when it should have been rightfully given to the owner of the property. Andhra News : Ramoji Rao surrenders in court
Will CM withdraw cases against Ramoji Rao?
2011/1/31 1:31:12
Will chief minister N Kiran Kumar Reddy withdraw cases against the Eenadu baron Ramoji Rao. It is likely say analysts. The TDP will write a letter to the CM asking him to withdraw all cases against Ramoji Rao that are within the purview of the state government.
The chances of KKR doing this are bright as he needs the support of Eenadu and ETV desperately in order to counter the criticism from Sakshi TV and newspaper.
Andhra News : Will CM withdraw cases against Ramoji Rao?
Setback for Ramoji Rao
2007/3/14 23:19:12
It was a double setback for Eenadu chief Ramoji Rao. The session’s court at Nampally in Hyderabad struck down his petition to stall the CID searches at Margadarsi Financiers offices in the state.
In a related development, the Foreign Investment Development Board did not take any decision on the proposal by Blackstone to bring in about 1,200 crore as equity in ETV and Ramoji film city.
This is a severe setback as Ramoji Rao now faces a liquidity crunch with the firm now has been barred from accepting fresh deposits.
The Margadarsi Financiers has collected over 2,600 crore as deposits in violation of the RBI guidelines. Of this, the firm has reported a loss of 1,100 crore.
Andhra News : Setback for Ramoji Rao
