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B K Modi

Business Leaders

B K Modi

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Bio

BK Modi is the founder of the Spice Group. The group which has transitioned from being known as MCorp Global and Modi Corp earlier has a long and rich 30-year history of leadership in Technology, Automation and Telecommunications. The Group was established in the early 1980s, has been known for its landmark JVs with global leaders in Technology & Automation, and several pioneering business initiatives/products for the Indian market – from the first computer, printer, photocopier, fax machine to the first Mobile GSM service call (on the Modi Telstra Network in 1996). The Group was restructured in July 2008; to be reorganized into 4 distinctive sectors based business verticals which are Telecom and related businesses through Spice Televentures; Entertainment, Media & Content through Spice Enfotainment; Financial Services, Asset Reconstruction and allied businesses in Spice Investment & Capital Services & Information Technology, Software & System Integration business through Spice Technology.

Disclaimer: Network18 Media & Investments Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in. Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.

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