Modi is flying ahead razing down all
Posted on: 21 Apr 2010
Lalit Kumar Modi was born in an industrial family on November 29, 1963 in Delhi. After completing his schooling from Nainital and Shimla he studied business management from the Duke University, US. Even during his study days he worked for the famous American tobacco company Philip Morris and cosmetics company Estee Louder. During this period a criminal case was registered against him for possessing 400 gm of cocaine. Though he was given 2 years imprisonment he escaped from there.
Modi who returned to Delhi, worked as president of family business 'Modi Enterprises' for three years. Then became the executive director of Godfrey Philip. Those days were so hard for Modi who believed that only entertainment industry is a well developing field in India. Modi, who was an all-day nuisance in the night club of the famous five star hotel in Delhi, was saved once from police case due to his family name.
Modi opened a new world in broadcasting of cricket after taking charge of the Indian distribution of ESPN in 1993-94. Within two years, though he had given the idea of forming a Cricket Premier league like the English premier League, no one took note of it seriously. Modi had to wait for long to reach the peak of cricket. It was in 2003 that Modi was elected president of the Nagour Cricket Association of Rajasthan. There were allegations that Modi fabricated documents to prove as a resident of Nagpur. Then Modi destroyed the 38-year-old monopoly of the Rungta family in the Rajasthan Cricket Association to help Vasundhara Raje. Raje changed the rules of Rajasthan cricket for Modi. When Sharad Pawar became the president of BCCI after expelling Jagmohan Dalmia, the good days of Modi began. Modi became the vice president of BCCI in 2005. His fans count rose day by day and he acted only with an intention to make BCCI more profitable.
This happened in 2006-end. Subhash Chandra, famous industrialist, who paved the way for satellite revolution in India, after failing miserably in bagging the broadcast rights for 2003 World cup and ICC Champions Trophy in 2006, began a new tournament namely the Indian Cricket League. The project includes 10 lakh dollar cash price, an investment of Rs 100 crore and 20-20 matches. The tournament which began with the backing of Kapil Dev, saw cricketers Brian Lara, Chris Cairns and Craig McMillan, signing the contract. Modi intervened and with the backing of BCCI, destroyed ICL. BCCI even announced that those who play for ICL will be banned. In parallel to this, IPL was formed centering Modi. IPL became a reality on September 13, 2007.