My father was clear that shareholder value is primary. He was clear that three engines can never run a company successfully, said Lalit Modi
The new move comes just days after Lalit Modi, through a series of tweets, had declared war on his family members, saying that all key assets of the K K Modi group were up for sale
The difference regarding the sale of assets comes in the backdrop of the death of K K Modi in November last year
The business close to Samir's heart is 24Seven, which is part of GPI, and, according to Lalit, it too will be on the block
Godfrey Phillips clarified that it is neither engaged nor privy to any such discussions on "rumoured potential transaction by its promoters"
The investment banker will have a mandate to sell the companies to the highest bidder, he added
K K Modi served as the chairman of Modi Enterprises, which includes companies like Godfrey Phillips, Indofil Industries and Modicare
Modi is already facing a money-laundering probe also, though he has been denying any wrongdoing
Lalit Modi left India after being charged with money laundering
Modi requested the BCCI to release the funds meant for the RCA after his resignation
The move is planned to get the BCCI suspension on RCA revoked
ED is pursuing 17 cases of alleged financial impropriety against Modi
The 'appointment letter' claims that Dhoni was offered post of VP (Marketing) at India Cements
Lalit Modi claims he has been dropped from Interpol's Red Notice category
Case pertains to a criminal complaint filed by the BCCI which has accused the former IPL commissioner of misappropriating funds during his tenure
Swiss Federal Tax Administration gave Modi and his wife 10 days for 'exercise of the right to be heard'
Chennai Police writes to finance ministry and the ED, stating that an FIR had been filed against Modi, which may prompt agencies to investigate the case afresh
Facing money laundering probe, with the ED asking the Ministry of External Affairs to act in this regard
Action due to non-compliance of ED summons on PMLA case
Facing Opposition heat on 'Lalitgate', Government today made it clear that External Affairs Minister Sushma Swaraj is ready to make a statement in Parliament on allegations against her on facilitating Lalit Modi's travel documents. Talking to reporters after an all party meeting called by him on the eve on Monsoon beginning tomorrow, Parliamentary Affairs Minister M Venkaiah Naidu told reporters that Swaraj was keen to make a statement on the Lalit Modi issue. At the same time, Naidu rejected the demand for resignation being made by Congress. Opposition parties had been closing ranks against the government on several issues including the Vyapam scam in Madhya Pradesh and the Lalit Modi controversy in which names of Rajasthan Chief Minister Vasundhara Raje and Swaraj have figured. The Opposition, mainly the Congress, has been demanding resignation of Raje, Swaraj and MP Chief Minister Shivraj Singh Chouhan, a demand which has been spurned by the ruling dispensation. Bracing itself