National News

CBEC defends duty on gold jewellary, but traders adamant on strike.

Fiscal deficit figure will hit banks profitability.

Rs 7000cr to be invested to set up 9 defence units in AP.

$352 million world bank credit for National Dairy support project.

Rajiv Gandhi equity scheme aims at to attract 1.5cr new investors.

Micro level agro-meteorological advisory services soon.

Global News

• Global economy on recovery path , risk remains : IMF

• UK ‘most internet based economy’.• China to become world’s largest importer :

Minister

STOCK MARKET

RESERVE BANK OF INDIA

Cash Reserve Ratio(CRR) 6% Statutory Liquid Ratio(SLR) 24%Repo Rate(RR) 7.25% Reverse Repo Rate(RRR) 6.25%

  SENSEX 17273.37    -192.83(-1.10%)

NIFTY    5257.07  -60.85(-1.14%)

GREAT BUSINESS PERSONALITY WHO HAS SHINNED WITHIN A SHORT SPAN OF TIME IN THE WORLD FROM INDIA

LALIT MODI

Born In: New Delhi

Born On: 29th November, 1963

Known As: Entrepreneur

Lalit Modi: the President and Managing Director of Modi Enterprises

Achievements and Awards 'Business Standard Award' for making BCCI the Most Innovative Company in India for 2008. Time Magazine ranked him 16th in a list of the world's best sports executives 'Brand Builder of the Year' by Asia Brand Conference 'Excellence in Innovation' - Frost & Sullivan Growth Excellence Awards 'The Most Innovative Business Leader in India' by NDTV Profit 'The Consumer Award for Transforming Cricket in India' by CNBC Awaaz 'Sport Business Leader' award by CBNC-TV18

TIMELINE1963: He was born in New Delhi. 1992: He was appointed as the Executive Director of Godfrey Phillips India.1993: Modi entered into the entertainment networking industry with a joint venture with Walt Disney.1994: He signed another deal with ESPN to obtain the channel's broadcasting rights.2005: He became the President of Rajasthan Cricket Association. 2005: In the same year he was appointed as BCCI's Vice President.2008: He was the first to introduce IPL successfully to India. 2010: He was elected as the Vice-President of the Punjab Cricket

Association

INSPIERED

An innovative and self-motivated personality who has instrumented his

success in the field of business.

Today Modi is regarded as one of the most powerful and influential figures in Indian cricket