Wikipedia

N. Srinivasan

In this Indian name, the name Narayanaswami is a patronymic, and the person should be referred to by the given name, Srinivasan.

Narayanaswami Srinivasan (born 3 January 1945)[4] is an Indian industrialist. He is a former Chairman of the International Cricket Council (ICC) and former President of the BCCI, the governing body for cricket in India. He is also the managing director of India Cements Limited.[5] He is the owner of Indian Premier League (IPL) team Chennai Super Kings.[6]

N. Srinivasan
1st Chairman of the International Cricket Council
In office
26 June 2014 – 22 November 2015
Preceded byPosition Established
Succeeded byShashank Manohar
30th President of the Board of Control for Cricket in India
In office
19 September 2011 – 2013
Preceded byShashank Manohar
Succeeded byJagmohan Dalmiya
Secretary of BCCI
In office
25 September 2008 – 19 September 2011
PresidentShashank Manohar
Preceded byNiranjan S. Shah
Succeeded bySanjay Jagdale
President of Tamil Nadu Cricket Association[1]
In office
2002–2017
Preceded byA. C. Muthiah
Succeeded byRupa Gurunath
Personal details
Born
Narayanaswami Srinivasan

(1945-01-03) 3 January 1945 (age 79)
Kallidaikurichi, Madras Presidency, British India
SpouseChitra
ChildrenAshwin[2][citation needed]
Rupa[3]
ParentT. S. Narayanaswami
ResidenceChennai
EducationBSc (Tech), MSc.IT
Alma materLoyola College, Chennai
Illinois Institute of Technology
OccupationMD of India Cements Limited

Srinivasan was investigated regarding several scams, including betting on IPL cricket matches; his son-in-law Gurunath Meiyappan has been indicted for passing IPL information to bookies.[7][8] He was also investigated for corruption involving politician Jagan Mohan Reddy.[9][10][11][12][13] In March 2014, the Supreme Court of India ordered him to quit as BCCI president to facilitate investigations into the IPL betting scam.[14]

On 26 June 2016, N. Srinivasan was re-elected president of Tamil Nadu Cricket Association. The election was held during the TNCA's 86th annual general meeting, in Chennai and he was re-elected unopposed as the president of the state association.[15]

Early life and education edit

Srinivasan was born at Kallidaikurichi, Tirunelveli district, Tamil Nadu.[16] He is the son of T. S. Narayanaswami, one of the first employees of India Cements. He did his schooling in Madras Christian College Higher Secondary School.[17] He holds a Bachelor of Science from Loyola College, Chennai and Master of Science degree in Chemical Engineering from the Illinois Institute of Technology, Chicago, United States.[18]

Sports administration edit

He was introduced to cricket administration by former BCCI president A. C. Muthiah.[19] He was the Secretary of the BCCI before becoming the President, taking over the reins from Shashank Manohar, in 2011. He was succeeded by Jagmohan Dalmiya in 2014. His company India Cements owns Indian Premier League (IPL) franchise team Chennai Super Kings and he is the president of the Tamil Nadu Cricket Association (TNCA).[20] Srinivasan is also the President of the Tamil Nadu Golf Federation and former President of the All India Chess Federation.[21] Narayanaswami Srinivasan was elected as president of the Tamil Nadu Cricket Association for the 14th consecutive time at its 85th Annual General Meeting in Chennai, on 12 June 2015. Srinivasan is heading the TNCA since 2002–03, when he ended the reign of former BCCI president A.C. Muthiah.[22] Srinivasan became the first chairman of the ICC On 26 June 2014.[23] On 9 November 2015, he was removed as ICC Chairman.[24]

Corporate career edit

Srinivasan took over as vice-chairman and managing director of India Cements in 1989.[25] N. Srinivasan made a hostile takeover bid to Andhra Pradesh-based Raasi Cements in 90's and merged with India Cements. Later he made a bid for Yerraguntla plant of the public sector Cement Corporation of India (CCI) and annexed it to India Cements.

He served as the President of the Madras Chamber of Commerce and Industry from 1996 to 1998 and is a member of the executive committee of Federation of Indian Chambers of Commerce and Industry (FICCI). Between 1991 and 2006, he was the President of the Cement Manufacturers' Association for five terms and chairman of the board of Governors of the National Council for Cement and Building Materials (NCCBM) for four terms between 1991 and 2006. He was also the Chairman of Development Council for Cement Industry (DCCI) constituted by the Government of India for two terms from 1992 to 1996. Srinivasan was also the President of The Madras Chamber of Commerce and Industry (MCCI) for two terms between 1996 and 1998. In 2000–2001, he was President of the All India Organisation of Employers. He was also a member of the Prime Minister's Council of Trade and Industry (1996–2001). N. Srinivasan was the Sheriff of Madras for two terms during the period 1989 to 1991.[26]

Controversies edit

The BCCI regulation, Clause 6.2.4 stated that "no administrator of BCCI could have had, directly or indirectly, any commercial interest in the matches or events conducted by the cricket board". Later, after the start of IPL in 2008, the clause was amended to give unfavorable benefit to BCCI members such that they can own stakes in the IPL franchise. N. Srinivasan became the owner of Chennai Super Kings (CSK). The case against N. Srinivasan on the grounds of conflict of interest is still pending in the Supreme Court of India.[27]

Further information: 2013 Indian Premier League spot-fixing and betting case and Lodha Committee

In 2013, under the massive Indian Premier League Spot fixing controversy, N. Srinivasan's son-in-law and CSK team principal Gurunath Meiyappan was arrested by Mumbai Police under the involvement in heavy betting and trading of inside information to bookies.[8] Despite media and national outrage asking for his resignation, he remained defiant.[28] But ultimately, he stepped aside on 2 June 2013 and appointed Jagmohan Dalmiya as the interim president. On 27 September, Supreme Court restrained him from holding the post of BCCI President until its further orders.[29] On 8 October 2013 Supreme Court allows N. Srinivasan to take charge as BCCI President.

As a president of BCCI he had controversial- conflicting relations with then Indian cricket team and present CSK skipper Mahendra singh Dhoni, Shrinivasan had and still have lots of Conflict of interests, he was all at once BCCI president and CSK's and India cements' owner, he appointed Dhoni as vice-president of his firm India Cements, halted his sacking from Indian team's captaincy by interfering in unanimous decision of national selectors.[30][31]

On 10 February 2014, a report submitted by the retired High Court Chief Justice Mukul Mudgal-led committee, indicted Mr. Srinivasan's son-in-law, Gurunath Meiyappan of illegal betting and passing on sensitive match-related information to bookies during IPL 2013. The 170-page report also stated that Srinivasan's company, India Cements was liable for Meiyappan's actions and that the Chennai Super Kings franchise was in violation of the franchise agreement, which may result in the termination of the Indian Premier League franchise.[32][33][34][35][36] On 21 March, Meiyappan's voice was found to match a tapped phone conversation discussing match fixing activities[37]

On 25 March 2014 the Supreme Court of India told N. Srinivasan to step down as BCCI president so that a fair investigation may be conducted.[38][39][40][41][42] The court found it "nauseating" that he should hold on to the post despite various courts censuring him.[14]

On 27 November 2014 the Supreme Court said that N Srinivasan's conflict of interest was "obvious" as he also owned a team i.e. CSK in the IPL. The court also asked BCCI if it was open to have a fresh poll for a new board without N Srinivasan. On 29 March 2015, Srinivasan gave away the Cricket World Cup trophy to the winning Australian team - an act that should have been performed by the ICC President Mustafa Kamal. Prior to the final, Kamal had made controversial statements regarding umpiring in the India-Bangladesh quarterfinals. In light of these comments, ICC reportedly had a meeting, and decided that Kamal would not be allowed to hand over the trophy. Srinivasan had also expressed his extreme unhappiness over Kamal's comments in the same meeting, causing an embarrassed Kamal to walk out of the final before the match even finished. He later quit his position as the President, and vowed to expose the people behind the "mischievousness".[43]

Srinivasan was one of the main investors in several of Jaganmohan Reddy's "suitcase companies" and is a subject of investigation in the Rs. 3000 crore corruption case. It is charged that his India Cements had invested more than a hundred crores in Jagan's Bharti Cement, in return for quid pro quo favours granted while Jagan's father Y.S. Rajasekhara Reddy was the Chief Minister of Andhra Pradesh (between 2004 and 2009). The Central Bureau of Investigation (CBI) is of the opinion that Srinivasan's company, India Cements allegedly invested Rs. 140 crore into Jaganmohan's businesses in return for the benefits it received from the then government. He has appeared in front of the special CBI court repeatedly[44][45] in this massive corruption case.[46][47]

Personal life edit

Srinivasan is married to Chitra Srinivasan and the couple have two children: Rupa Gurunath Meiyappan and Ashwin Srinivasan. Srinivasan's younger brother, N. Ramachandran, is also involved in sports administration as the head of the Tamil Nadu Squash Rackets Association, president of the Indian Olympic Association and the chief of World Squash Federation.[48][49] His daughter Rupa is married to film producer Gurunath Meiyappan who was part of the IPL match fixing scandal and was president of Tamil Nadu cricket association.[50]

References edit

  1. ^ "Srinivasan re-elected TNCA president".
  2. ^ Pawar, Yogesh (4 May 2015). "Dad forcing me to marry woman for lineage: N Srinivasan's gay son". DNA India. Retrieved 4 May 2015.
  3. ^ Pawar, Yogesh (2013). "Gurunath Meiyappan always had links with bookies of Chennai, Dubai, reveals N Srinivasan's son". zeenews.india.com. Retrieved 30 May 2013.
  4. ^ "India Cements" (PDF).[permanent dead link]
  5. ^ "managing director of India Cements Limited". www.indiacements.co.in. indiacements. Retrieved 16 October 2021.
  6. ^ "Archived copy". Archived from the original on 1 October 2022. Retrieved 20 September 2023.{{cite web}}: CS1 maint: archived copy as title (link)
  7. ^ "BCCI chief Srinivasan's son Meiyappan involved in betting: Report in SC". The Times of India. Press Trust of India. 10 February 2014. a major embarrassment to BCCI president N Srinivasan, his son-in-law Gurunath Meiyappan's role in CSK as team official... "the allegations of betting and passing of information against Meiyappan stand proved," a report of the three-member committee headed by former Punjab and Haryana Chief Justice Mukul Mudgal said.
  8. ^ a b "Meiyappan placed heavy bets on IPL matches". The Hindu. 25 May 2013.
  9. ^ U. Sudhakar Reddy (26 May 2013). "Srinivasan must be arrested in Jagan scam: Legal experts".
  10. ^ "IPL issues won't hurt India Cements' profitability, assures MD". The Hindu. 5 June 2013.quotes Srinivasan as saying: "India Cements had invested in Bharti Cement owned by Jagan Mohan Reddy with the expectation that it would have an opportunity to buy the company when the previous owner exited." Eventually, when the French firm Vicat made a higher bid for Bharti cement, Srinivasan exited sold "his stake at a profit."
  11. ^ "CBI summons BCCI chief in Jagan case". The Times of India. 8 June 2012. Archived from the original on 23 July 2013.
  12. ^ "Andhra: Jagan to move SC today". The Indian Express. 16 August 2011. Archived from the original on 26 March 2014. "India Cements and Dalmia Cements had invested about 95 crore each and made Rs 150 crore each. Similarly, Prasad had invested Rs 265 crore and made Rs 550 crore."
  13. ^ TNN (1 May 2010). "ICL, Dalmia exit Bharathi Cements". The Times of India.quote: "We had invested Rs 93 crore in the company and have sold our stake at Rs 117 crore" officials at India Cements said.
  14. ^ a b Utkarsh Anand (26 March 2014). "SC gives BCCI an ultimatum: Srinivasan should quit or we will pass a verdict". The Indian Express. Justices A K Patnaik and FMI Kalifulla: "unless the President of the BCCI steps down, no fair decision can be taken. Why is Mr Srinivasan sticking to his chair? It is nauseating... Srinivasan should step down else we will pass a verdict,"
  15. ^ "Srinivasan re-elected TNCA president, again". Retrieved 26 June 2016.
  16. ^ "Who is Srinivasan".
  17. ^ "N. Srinivasan's controversial innings at BCCI". Livemint. 28 May 2013. Retrieved 3 March 2021.
  18. ^ "Who is N Srinivasan?". NDTV.com. NDTV. Retrieved 7 May 2012.
  19. ^ Chakraborty, Krishna Kanta (2013). "It was a huge mistake to bring Srinivasan into administration: AC Muthiah – The Times of India". The Times of India. Retrieved 30 May 2013. Former BCCI president AC Muthiah, who first recommended present BCCI chief Srinivasan for the post of Tamil Nadu Cricket Association president years ago
  20. ^ "N. Srinivasan". The Hindu. 21 June 2012. Retrieved 22 June 2012.
  21. ^ "Profile of N. Srinivasan". India Cements. Archived from the original on 28 January 2010.
  22. ^ "Srinivasan unanimously re-elected TNCA president".
  23. ^ "Srinivasan takes over as chairman of ICC". Reuters. 26 June 2014. Retrieved 27 June 2015.
  24. ^ "N. Srinivasan Removed as International Cricket Council Chairman, BCCI President Shashank Manohar to Fill in - Cricket News". Archived from the original on 10 November 2015. Retrieved 9 November 2015.
  25. ^ "Melting Cement". Outlook.
  26. ^ "Here are 10 Lesser Known Facts About The Highly Controversial ICC President N Srinivasan". Scoopwhoop. 30 March 2015. Retrieved 25 July 2017.
  27. ^ "BCCI top brass feels fixing heat". The Times of India. 24 May 2013. Archived from the original on 10 November 2013.
  28. ^ "IPL controversy: N Srinivasan, BCCI chief, defies advice to stay away while probe is on".
  29. ^ "Apex Court restrains N Srinivasan from being President of BCCI". Retrieved 27 September 2013.
  30. ^ "Mahendra Singh Dhoni named India Cements vice-president". The Economic Times. 1 February 2013. ISSN 0013-0389. Retrieved 1 July 2023.
  31. ^ "Five selectors wanted to sack MS Dhoni but BCCI chief Srinivasan prevented it: Mohinder Amarnath". The Economic Times. 12 December 2012. ISSN 0013-0389. Retrieved 1 July 2023.
  32. ^ "India Cement failed to ensure Gurunath Meiyappan adheres to rule: Panel". The Economic Times. 11 February 2014. Retrieved 11 February 2014.
  33. ^ "IPL match-fixing scandal: Gurunath Meiyappan indicted, BCCI chief N Srinivasan plea rejected". The Financial Express. 10 February 2014. Retrieved 11 February 2014.
  34. ^ "IPL spot-fixing: Srinivasan's son-in-law Gurunath Meiyappan indicted". The Economic Times. 10 February 2014. Retrieved 11 February 2014.
  35. ^ "IPL probe: MS Dhoni role in N. Srinivasan, Gurunath Meiyappan case leaves taint". The Financial Express. 11 February 2014. Retrieved 11 February 2014.
  36. ^ "ICC boss N Srinivasan's son-in-law faces betting probe". Sky Sports. Retrieved 11 February 2014.
  37. ^ "IPL betting: Gurunath Meiyappan, Vindoo Dara Singh's voice samples match with tapped conversation between them". Press Trust of India. 21 March 2014. voice samples matched with the tapped telephonic conversation in which they were purportedly discussing matches and betting activities, police said on Friday.
  38. ^ "Supreme Court tells N. Srinivasan to step down as BCCI president for fair IPL scam probe". NDTV. Archived from the original on 29 March 2014. Retrieved 25 March 2014.
  39. ^ "For fair probe, BCCI chief N Srinivasan must step down: Supreme Court". Daily News and Analysis (DNA). 25 March 2014. Retrieved 25 March 2014.
  40. ^ "N Srinivasan, BCCI President, must step down for fair probe in IPL fixing case: Supreme Court". The Economic Times. 25 March 2014. Retrieved 25 March 2014.
  41. ^ "Apex court: N Srinivasan must step down for fair probe into IPL case". Business Line. 25 March 2014. Retrieved 25 March 2014.
  42. ^ "BCCI chief N. Srinivasan should quit for fair IPL probe: Supreme Court". LiveMint. 25 March 2014. Retrieved 25 March 2014.
  43. ^ "ICC President Mustafa Kamal and N Srinivasan and loggerheads". 30 March 2015.
  44. ^ "Jagan, N Srinivasan appear in CBI court over investments case". 3 December 2013.
  45. ^ "BCCI chief N Srinivasan appears before CBI in Jagan case". 18 June 2012.
  46. ^ "Jaganmohan Reddy case: India Cements MD N. Srinivasan appears before court". The Financial Express. 12 February 2014. Retrieved 13 February 2014.
  47. ^ "BCCI chief appears in court in Jagan case". Business Standard. 12 February 2014. Retrieved 13 February 2014.
  48. ^ "Who is N Srinivasan?". NDTV. Retrieved 12 February 2014.
  49. ^ "Srinivasan's brother N Ramachandran elected unopposed as IOA president". The Times of India. 9 February 2014. Archived from the original on 12 February 2014. Retrieved 12 February 2014.
  50. ^ "Archived copy". Archived from the original on 1 October 2022. Retrieved 20 September 2023.{{cite web}}: CS1 maint: archived copy as title (link)
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