Nitish Kumar and Sushil Kumar Modi were sworn in as Chief Minister and Deputy Chief Minister of Bihar for a consecutive second term on Friday. Besides Kumar and Modi, 18 MLAs from the Janata Dal (United) and 10 from alliance Bharatiya Janata Party (BJP) were also sworn in as ministers by State Governor Devanand Konwar. [...]
Posts Tagged ‘Kumar Modi-’
Bihar polls a victory of merit over dynasty: Arun Jaitley
November 24th, 2010 |
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Senior Bharatiya Janata Party (BJP) leader Arun Jaitley on Wednesday described the Bihar election results as a victory of meritorious leadership over dynastic politics. Talking to reporters here, Jaitley said: “The polls results have showed that politics of Bihar has changed and that “charisma or family” does not win elections. “That the people wanted a [...]
BCCI president steps in to end Modi-Tharoor spat
April 13th, 2010 |
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The Indian Premier League (IPL) governing council will meet in 10 days to discuss the fallout of the spat between its chairman Lalit Kumar Modi and union minister Shashi Tharoor over the ownership of the Kochi franchise.
Board of Control for Cricket in India (BCCI) vice-president, and its spokesman, Rajiv Shukla said Tuesday that considering the [...]
MediaRing becomes Modi’s springboard in mobile internet access
January 6th, 2010 |
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MediaRing, a Singapore-based provider of Internet telephone services, will act as Indian billionaire Bhupendra Kumar Modi’s springboard to expand into mobile online access.
MediaRing will adopt the Spicei2i brand to sell wireless Internet services in Singapore and the Middle East initially, Modi said at a press meeting in the city-state today. MediaRing will also sell Spice-branded mobile phones over the counter starting this week, according to Chief Executive Officer Ashok Goyal. MediaRing surged 17% in Singapore trading today.
Billionaire Modi seeks island resorts in distressed-asset quest
September 14th, 2009 |
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Billionaire Bhupendra Kumar Modi, who made his fortune from mobile-phone services in India, is planning to invest US$100 million ($142.5 million) in distressed assets including the island resorts on Batam and Bintan neighboring Singapore.
Modi, chairman of Singapore-based Spice Global with interests from telecommunications to financial services, said he is in talks to buy stakes in all the resorts on the Indonesian islands and wants to transform them into entertainment hubs, flying in Bollywood stars and eventually adding casinos.
Indian billionaire Modi to spend US$200m to buy companies
September 8th, 2009 |
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Indian billionaire Bhupendra Kumar Modi, who has interests from retailing to entertainment, has set aside US$200 million ($268 million) to buy more companies ahead of a planned initial public offering.
“We are doing acquisitions in finance, information technology, entertainment and also in telecommunications,” Modi, 60, said in a telephone interview today. “We acquired a retail chain and we are acquiring more.”
Only India, China likely to witness reasonable economic growth in coming years: Lord Desai
July 22nd, 2009 |
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At a recent brainstorming session on “Aftereffects of Financial Meltdown: World Economy, held at the Amity Campus in Noida, Uttar Pradesh, Lord Meghnad Desai expressed his views through a written message, as he could not make it to the event.
In that written address, Lord Desai said admitted that the current global financial meltdown has plunged [...]