Sahara India Pariwar, owners of the Pune IPL team, unveiled the name and the logo of the Pune team. Sahara Pune Warriors, is what the team will be called.
The Sahara Pune Warriors logo comprises a spear wielding cavalry-warrior on a horse, might be inspired from the Chhatrapati Shivaji Maharaj.
A whole new set of 10 questions have been put here, kindly send your reply to bizdomonline@gmail.com
1- In 60’s when a great movement was just began, AMUL came up with something different which led to an uproar & then on what significant change happened at AMUL? This person may help you out.
2- Each bottle of which alcoholic brand bears a stamp of its originating country to ensure that each bottle is “truly ________in spirit & authenticity”? The founder of that brand is shown below.
3- Which scheme came into picture when two Indian banks got failed in 60’s, while at that time India was the only second country to introduce that scheme, first was the United States. Which scheme I am talking about? (Hint: - The picture tells about the time when it was implemented in United States)
4- On 23/8/95, then West Bengal’s Chief Minister Jyoti Basu made a very important call. What’s the significance of this call? (Hint: - A picture below)
5- He was a shopkeeper’s son, migrated to Kolkata at 13 with few hundred bucks. He started as a shop assistant & opened his first office in 1958. Today his customers are Unilever, P&G, GCMMF, CCD, Big Bazaar etc. what he started? (Hint: - Logo of his Company)
6- Identify the advertisement which is shown here?
7- Whose logo is depicted here?
8- Name the advertiser. (Hint: - While a Picture on the left may give you some useful insight)
9- Who is this gentleman? Think: - Social Business, earlier he was with Barclay’s
10- In the past this Company had changed its name in believe that their sponsored team will win the FIFA world Cup - 2006. This time they are changing their packaging again to a red & white wrapper which is inspired by a Country’s flag. What I am talking about?
1985: Modi arrested in US on drugs and abduction charges. Plea bargain gets him deferred term
1986: Returns to India citing bad health. Joins family business
1991: Marries mother’s friend Minal Sagrani
2004: Becomes vice-president of Punjab Cricket Association
2005: Becomes president of Rajasthan Cricket Association
2008: IPL is launched; BJP loses power in Rajasthan
2009: IPL taken to South Africa; Modi loses RCA elections
2010: Loses RCA elections again; Kochi team scandal surfaces
When the Modi family under the leadership of patriarch KK Modi was flourishing in India as their company Godfrey Phillips went on to be become India's number two tobacco company.
In Nigeria, Pessu Aswani had set up a booming business, dividing his time between Lagos and London. His good friend Murli Chellaram was also part of the prospering Indian diaspora in Africa. Years later, Aswani's daughter Minal married to Jack Sagrani, who lived in Nigeria, London and finally worked in Saudi Arabia for Inlaks. While Minal was pregnant, Sagrani was caught in a scam and jailed in Saudi Arabia for several months. He was unable to visit his wife even when she delivered their daughter Karima in London. After Sagrani and Minal parted ways, she stayed in the Gulf for a few years before finally moving to Delhi, where she was a frequent resident at her friend Bina Modi's house at A-1, Maharani Bagh.
This was few years after Minal and Bina's son Lalit had returned from the United States after being convicted in a drugs and assault charge (On March 1, 1985, while a sophomore at Duke University, Modi was arrested on charges of conspiracy to traffic cocaine and assault with a deadly weapon with intent to kill. On April 2, 1985, Modi and another student were indicted on second-degree kidnapping, a misdemeanor charge of assault inflicting serious injury and conspiracy to kidnap).
Minal and Lalit's courtship began at the Maharani Bagh home, and the two sprang a surprise a few months later by expressing the desire to marry each other. Their declaration of love led to one of the biggest commotions the Modis have ever witnessed. While Bina Modi felt betrayed by her friend for allegedly luring her son, who was ten years her junior, into a profitable marriage, KK Modi told Lalit that he would not give his consent for the marriage.
After days of negotiations, angry outbursts and threats, sources say that Lalit finally had his way. Permission was granted for the wedding (which took place on October 17, 1991), a maintenance allowance was promised by the family, and Lalit was included in the Godfrey Phillips as a director.
MUMBAI CALLING and VENTURES
Since Lalit and Minal's wedding had caused such a stir in the social circle in Delhi, they decided to move to Mumbai.
It was the early nineties when the cable and satellite broadcast business was taking root in India. Global broadcasters, even in the non-news genres, weren't allowed a free entry. Modi was quick to seize the opportunity and Modi Entertainment Network (MEN) was born. In 1993, MEN signed an ambitious joint venture with the US-based media conglomerate Walt Disney. WD India Pvt Ltd, the new company in which Walt Disney had 51% stake and MEN held the rest, was given the mandate to introduce Disney's merchandise in the Indian market. The merchandise business was housed under Walt Disney Consumer Products and the broadcast venture was with Buena Vista TV India.
In 1995, Walt Disney also entrusted MEN with the responsibility of distributing its popular sports channel ESPN. ESPN was one of the first channels in the country to go paid. He managed to convince ESPN that with cricket in their pocket, people will readily pay a fee to see the channel. ESPN was soon one of the leading sports channels in the country. Soon, MEN signed similar deals with Paris-based Fashion TV, Dubai-based sports channel Ten Sports and DD Sports.
In 2002, he launched an online lottery business in Kerala called Sixo. He later went into the real estate business in Rajasthan, with a company called Amer Heritage City Construction Pvt Ltd, his wife Minal, is a director. Modi’s last attempt was the idea of launching the country's first local travel-and-living channel, Voyages.
Lalit’s marriage with Minal spawned the connections that now rule IPL. Here, with daughter Aliya and son Ruchir.
THE TURNAROUND
Things started to turn around, when Lalit's friend Vasundhara Raje took over as Chief Minister of Rajasthan in 2003. Lalit knew Raje through her school friend Bina Kilachand. Soon after he shifted to Jaipur, where he not only took over the cricket establishment using a legislation which brought the state cricket association under the purview of government, but also created a storm for his alleged involvement in the sale of some heritage havelis. In a 2006 event organised to raise money for the Elephant Fund, initiated by Mark Shand, the brother of Prince Charles’s wife Camilla Parker Bowles, Vasundhararaje was spotted with Lalit and Kavita Chellaram, wife of Suresh Chellaram, now part-owner of Rajasthan Royals.
Modi's fortune further escalated after he entered the Board of Control for Cricket in India representing Rajasthan-- first as a dealer who helped the Pawar group defeat Jagmohan Dalmiya -- and then as a money-making whiz kid who finally came good business-wise. The BCCI's profits soared over a billion USD in 2006 with Modi in its midst. Two years later his brainchild, the IPL, took cricket's economics to a different level.
FAMILY TIES
Lalit Modi's family and friends are an integral part of the IPL. Minal's sister Kavita is married to Suresh Chellaram who owns a majority share in the Rajasthan Royals franchise which incidentally had the lowest bid amount at the auction in 2008.
Lalit’s step-daughter Karima is married to Gaurav, son of Monica and Vivek Burman of the Dabur group. The marriage caused a stir in the Burman family similar to the one in the Modi family when Lalit and Minal tied the knot. Gaurav is a stakeholder in Global Cricket Venture, a firm that has the digital, mobile and internet rights of the IPL. His brother Mohit Burman is a co-owner in Kings XI Punjab, which he owns as part of the consortium consisting of his childhood friends Karan Paul and Ness Wadia, and Wadia’s ex-girlfriend Preity Zinta.
One of the owners of Kolkata Knight Riders is also an old friend of Lalit Modi’s. Jay Mehta, son of Mahinder Mehta, who owned Saurashtra Cements, and Lalit are childhood buddies.
Thanks to some visa problems for the Singapore teams in Mumbai,Delhi got a chance to witness the second International Finals of the Tata Crucible edition.Probably the best way to spend a Saturday afternoon - attending a high tea at the Taj Mansingh, winning audience prizes and catching up with some old quizzing mates,one could not ask for more.
The first two rounds of the quiz saw IIM L , National University of Singapore,University of Oxford and IIM L racing each other for top honours,however the next two rounds saw amazing answering from team IMT G to surge ahead of all the teams.According to my views they answered some of the toughest questions of the quiz.
However as fate played it's part IMT G messed up on an easy question of the last round and lost ten points thus effectively putting them out of contention and as ones loss would be others gain IIM L pressed the buzzer for the five pointer and got it correctly, and hence becoming the new International Champions.
On the whole the quiz cud have been a lot more tougher,but what i get to read from the National finals review i think International finals was a much better show.
Questions from the quiz follow : -
1.Originally designed in 1889 by Benjamin Franklin for the Army soldiers,they were first made commercially availalble as Lister's Towel in the year 1896,What?
Sanitory Napkins
2.InGen (International Genetic Technologies, Incorporated) is a company.The company is based in Palo Alto, California, and has one location in Europe. Nevertheless, most of InGen's research took place on both the islands of Isla Sorna and Isla Nublar.What is so famous about this company.
They brought back the Dinosaurs in the film Jurassic Park
3.This term was coined by the Royal Society of London for the Improvement of Natural Knowledge, primary reasons for its occurrence are: due to conflict (or wars), lack of opportunity, political instability, and health risks. It’s the biggest challenge for any developing country.
Reverse Brain Drain
4.What is the Greater fool's theory
There will always be a buyer at a higher price,and thus the buyer convinces himself to buy the product at a high price
5.August 1967 Wimbledon center court held a tournament involving 8 professional players at the center court to mark the introduction of something during that period,what?
First Color television
Clue Round
This term was coined be Ragnar Frisch in 1939 - Macro Economics
Started in May 17,1792 as the buttonwood agreement - NYSE
John Maynard Smith was awarded the Crawford Prize for his application of this in biology. - Game theory
Facebook is collaborating with Microsoft to launch Docs.com, which will allow its over 400 million users to create and collaborate Office documents through Facebook.
Docs.com has been developed by Microsoft FUSE (Future Social Experiences) Labs. The user can create documents from within the web app or upload from a computer. Once uploaded, a document can be edited in real time online — a definite change from Microsoft's previous cloud offerings like the Sharepoint, which requires users to check in and out of documents when they want to edit these.
Anita Roddick, (23 October 1942 – 10 September 2007) was a British businesswoman born as Anita Lucia Perilli in a bomb shelter in Littlehampton, Sussex, in an Italian immigrant community. In 2003, Queen Elizabeth II appointed Roddick a Dame Commander of the Order of the British Empire.
In the early 1970s, Anita Roddick visited a shop called The Body Shop in Berkeley, California run by Peggy Short and Jane Saunders. This inspired her to open her own shop back in the UK. In 1987, Anita purchased the naming rights from the original Body Shop. Its stock was floated on London's Unlisted Securities Market in April 1984, opening at 95p. After its full listing on the London Stock Exchange, the stock was given the nickname "The shares that defy gravity," as its price increased by more than 500%.
The company created a doll in the likeness of Barbie but with a lifelike voluptuous figure and luxuriant red hair, that came with the tag line, "There are 3 billion women who don't look like supermodels and only 8 who do" Her name was Ruby, a real-life size 16 plastic doll that Mattel thought looked too much like Barbie.
In 1993, She told in an interview to Third Way Magazine:-
"The original Body Shop was a series of brilliant accidents. It had a great smell, it had a funky name. It was positioned between two funeral parlours--that always caused controversy. It was incredibly sensuous. It was 1976, the year of the heat wave, so there was a lot of flesh around. We knew about storytelling then, so all the products had stories. We recycled everything, not because we were environmentally friendly, but because we didn’t have enough bottles. It was a good idea. What was unique about it, with no intent at all, no marketing nous, was that it translated across cultures, across geographical barriers and social structures. It wasn’t a sophisticated plan, it just happened like that."
The Indian Premier League (IPL) and Sahara India Pariwar have announced a 3 years partnership to organise the IPL awards. The awards will be called ‘Sahara IPL Awards’.
The inaugural Sahara IPL Awards night will be hosted by Karan Johar, who will be joined by co-host, Shah Rukh Khan at the Grand Hyatt in Mumbai on Friday, April 23rd, 2010.
Thanks to Shashi Tharoor & Sunanda Pushkar who have given a limelight to a sweet term called as Sweat Equity.
Sweat equity is a term used to describe the contribution made to a project by people who contribute their time and effort (by sweating). It can be contrasted with financial equity which is the money contributed towards the project.
The concept of Sweat equity is a familiar thing in startup companies. It happens often in a start up company that an employee does not have cash but he or she has the talent and skill to make the company successful. Sweat Equity Shares are given to the employees at a discounted rate of market value.
The whole idea behind giving Sweat Equity is to make the employee feel that he/she is a part owner in the company. When employees feel their company has their own funds invested in it, they get better motivated and work more earnestly towards company’s progress.
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