Narendra modi brother lalit modi biography

Indian businessman (born 1963)

Lalit Modi (born 29 November 1963) is an Indian businessman and former cricket administrator. He was the founder, first chairman and League Commissioner of the Indian Premier League (IPL), and ran the tournament for three years until 2010. He also served as the Chairman of the Champions League from 2008 till 2010 and was Vice President of the BCCI from 2005 till 2010. He has also served as the President of the Rajasthan Cricket Association from 2005 till 2009 and then again from 2014 till 2015, and as the vice president of the Punjab Cricket Association from 2004 till 2012.

As a close associate of the Bharatiya Janata Party (BJP) leader Vasundhara Raje, Modi once held considerable political clout in Rajasthan. During Raje's first term as the Chief Minister, he was called "Super Chief Minister" by the opposition and the media. In 2010, Modi alleged that the Indian National Congress minister Shashi Tharoor held indirect free equity in the Kochi Tuskers Kerala IPL franchise, ultimately leading to Tharoor's resignation. The Kochi franchise alleged that Modi was harassing them, because he wanted another group to win the franchise bid. Shortly after IPL 2010 ended, Modi was suspended from BCCI after being accused of misconduct, indiscipline and financial irregularities. BCCI launched an investigation against him, and banned him for life in 2013 after a committee found him guilty of these charges. Modi denied any wrongdoing, and blamed accusations on political rivalries. Shortly before the Enforcement Directorate (ED) launched an investigation against him for alleged financial irregularities, he moved to London and was labeled a fugitive.

Early life and education

Modi was born in Delhi on 29 November 1963, into one of India's leading business families, the elder son of Krishan Kumar Modi and his wife Bina Modi. He has an elder sister, Charu Modi Bharti

Former Indian Premier League (IPL) commissioner Lalit Modi has been banned for life by the country's cricket board for "indiscipline and misconduct".

The decision was taken at a special meeting of the Board of Control for Cricket in India (BCCI) in the southern city of Chennai on Wednesday.

Earlier in the day, the Supreme Court dismissed a petition from Mr Modi to stop the meeting.

Mr Modi, who denies any wrongdoing, said he was going to fight the ban.

"I was already gone since I had been suspended for three years, so I expected the ban. But I am going to fight them and the ban gives me more resolve to go after them," he told India's Times Now news channel from London where he now lives.

"Indian cricket needs cleansing and as far as I am concerned I am going to go after them. Till now they were colleagues. Time has now come to take everything out of the box and put it in [the] public domain," he added.

"I am coming after them. Wait and watch. I have not been sitting here [in London] idle."

The board had suspended him, external and then removed him from all involvement in cricket three years ago, external over corruption claims.

Mr Modi was instrumental in founding the IPL in 2008 and it has become a multi-billion-dollar industry.

The BCCI meeting "resolved that Mr Lalit Modi is guilty of committing acts of serious misconduct and indiscipline, and... is hereby expelled from the board," BCCI secretary Sanjay Patel said in a statement after Wednesday's meeting.

"He shall forfeit all his rights and privileges as administrator. He shall not in future be entitled to hold any position or office, or be admitted in any committee or any member or associate member of the BCCI."

The main accusations against Mr Modi related to rigging bids during the auction of two new franchises in 2010. He was also accused of selling broadcasting a

Krishan Kumar Modi, the patriarch of the Modi Business clan and a prominent figure in India’s corporate landscape, held a significant 26% stake in Godfrey Phillips, the country’s second-largest cigarette manufacturer. Taking the reins in 1979, Krishan Kumar Modi, the second generation of the Modi family, has not only overseen the growth of Godfrey Phillips but has also steered its diversification into various sectors, including tea, beverages, and confectionery.

Beyond the tobacco industry, the Modi family’s business interests span a wide range, encompassing ventures such as the convenience store chain Twenty Four Seven and the cosmetics retailer Colorbar. Krishan Kumar Modi’s wife, Bina Modi, plays an active role in managing the family’s enterprises, overseeing areas such as restaurants, an art gallery, and a fashion TV channel.

The Modi family’s influence also extends to the realm of sports, with their older son Lalit Modi having served as the chairman of the immensely popular Indian Premier League (IPL) cricket tournament, although his tenure was marked by controversies leading to his eventual departure. Meanwhile, Krishan Kumar Modi’s brother, Bhupendra Kumar, has established his own thriving business empire based in Singapore, positioning him among the ranks of the country’s wealthiest individuals.

Early Life

Born on August 27, 1940, in Patiala, K. K. Modi was the eldest son of Rai Bahadur Gujarmal Modi and his second wife Dayawati Modi. His upbringing was colored by the dynamic environment of post-independence India, where his father was diligently building the foundation of what would become the Modi Group. The family’s enduring commitment to enterprise and the country’s transformative phase were intertwined influences that shaped

Indian businessman (1940–2019)

Krishan Kumar Modi (27 August 1940 – 2 November 2019), also known as K. K. Modi, was an Indian businessman and the President of Modi Enterprises. Among his three children is Lalit Modi.

Background

Modi was born in August 1940 in Patiala, the eldest son of Rai BahadurGujarmal Modi and his second wife Dayawati Modi. Rai Bahadur Gujarmal Modi was the founder of the Modi Group. He started his first sugar factory in 1933 and gradually built up a vast business empire by venturing into various industrial sectors in the period before and after independence. The young K.K. Modi thus grew up in exciting times, when his father was building the family fortunes, and the country was grappling with major social and political changes.

Career

In 1959, at the age of just 19, Krishan Kumar accompanied his uncle Kedaarnath Modi (Gujarmal's step-brother) to several European countries, to explore the possibility of purchasing the latest textile machinery to produce higher quality cloth. Managing the textile production in the silk mill was the next project entrusted to him. In 1965, he was appointed the Vice-President of Modipon—the then newly established nylon yarn manufacturing unit in Modinagar.

In 1976, Gujarmal Modi died. KK Modi then provided leadership as patriarch of the Modi family and the group remained united until 1989, when the various businesses of the Modi Group of companies were divided between the five sons of Gujarmal Modi. He has since then moved into cigarette manufacturing, pesticides, leather, industrial chemical technology and other sectors. He was also considered to be India's 89th richest man in 2012, according to Forbes.

Modi has served in the following positions:

• President (Confederation of Asia Pacific Chambers of Commerce & Indu