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Analysis of the resistivity (ρ), thermoelectric power (S), and heat capacity (Cp) of Fe1-xNixSi is presented in this report. In-spite of Ni having two extra valence electrons as compared to Fe, the physical properties are observed to be dominated by holes. In this report, we have explained this unusual hole dominant scenario by a modified two narrow-band model. According to this model, the impurity electrons which are nearer to conduction band get shifted towards lower energy level thereby leaving holes around the Fermi level, and hence