The most powerful indians in 2009: 91-95

C.B. Bhave,Kumar Mangalam Birla,Parkash Singh Badal,Bal Thackeray & Lalit Modi,

Written by Express News Service | Published: March 9, 2009 6:24 pm

91. C.B. Bhave,57
SEBI Chairman
Why
Bhave is responsible for regulating India’s stock markets,mutual funds,foreign funds,public offerings and various market intermediaries. He also has the job of safeguarding the interests of small investors and various systems in the marketplace.
Power punch
He set up the first depository—National Securities Depository Ltd—in the country in 1996,thereby ushering in paperless trading at a time when some developed markets were struggling to introduce such a system.
What next
With no dearth of scamsters in the capital market,Bhave is expected to be as alert as ever. He will be fine-tuning the regulations depending on the circumstances,the market situation and global changes. SEBI’s probe into the Satyam scam is also keenly awaited.

92. Kumar Mangalam Birla,41
Aditya Birla Group chief
Why
The chairman of the $28 billion Aditya Birla Group—which is into aluminium,fibre,textiles,cement and telecom—is a corporate icon. He also holds several key positions on various regulatory and professional boards. He is a director with the central board of directors of the Reserve Bank of India.
Power punch
He has extended the group’s operations to Thailand,Indonesia,Malaysia,Philippines,Egypt,Canada,China,Laos,USA,UK and Australia. He has invested in telecom and acquired several high-profile companies in India and abroad.
What next
Pundits predict that Kumar Birla is yet to reach the pinnacle—that he’s set to scale greater heights. Birla is always on the lookout for more acquisitions,greenfield projects and expansions. This year could see some of those.

93. Parkash Singh Badal,81
Punjab Chief Minister
Why
In his fourth term as chief minister of Punjab,Parkash Singh Badal holds undisputed sway over Akali politics. Although he gave up the presidentship of the Shiromani Akali Dal (SAD) to his son Sukhbir Singh Badal,who has also been recently appointed deputy chief minister,the elder Badal retains the final say in all crucial matters,including elections to the cash-rich Shiromani Gurdwara Parbandhak Committee (SGPC) and the appointments of jathedars.
Power punch
After his comeback as chief minister for the third time in 1997,Badal presided over all three centres of power in Punjab—president of SAD,chief minister and had complete control over the SGPC.
What next
The SAD banks on Badal Senior to lead the campaign for the next Lok Sabha elections in the state.

94. Bal Thackeray,83
Shiv Sena chief
Why
The cartoonist-turned-politician founded the Shiv Sena to mobilise Marathi-speaking people on local issues. After dominating Maharashtra politics for over four decades,Bal Thackeray knows the pulse of his followers. Into his eighties,the popular orator can still bring Maharashtra to a halt if he wants to.
Power punch
He demonstrated the clout of the Maharashtrian in cosmopolitan Mumbai. The Sena tied up with the BJP on the Hindutva plank and wrested power from the Congress in Maharashtra in 1995,but Bal Thackeray did not become chief minister or claim any office of power.
What next
Apart from his ongoing alliance with the BJP,he maintains a close friendship with Sharad Pawar and his discreet understanding with the NCP has kept political pundits guessing.

95. Lalit Modi,45
IPL chief
Why
The businessman from Mumbai,who suddenly chose Jaipur as his base with the intention of breaking into Indian cricket administration through the Rajasthan Cricket Association,organised the Indian Premier League and became an overnight role-model in the world of sports marketing.
Power punch
When the IPL became a phenomenon last year,his stock rose to a point that he would easily have been the most powerful man in Indian sport. “I am ruthless,without doubt,” he said in an interview after the IPL.
What next
In the latter half of the year,things started going wrong for him—a new president and secretary taking over the BCCI,and worse,the electoral defeat of Vasundhara Raje,one of Modi’s staunchest backers. For now,though,he’s

officially the man in charge.

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