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SIX directors of Reliance Energy Ltd today issued his resignation to the board of directors of the company, deepening the mystery of the difference between the two Ambani brothers.
The six directors are of the opinion that we close to Mr. Anil Ambani, is also Chairman and Managing Director of Reliance Energy Ltd.
No reasons were for their sudden resignation.
The directors have their resignations are: M. Satish Seth, Executive Vice-President, Mr KH Mankad, full kitchen of the value of time director (Finance), Mr. SC Gupta, full kitchen of the value of time Director (Operations), Mr. JP Chalasani, full-time value Chef Manager (Business Development), Mr. Amitabh Jhunjhunwala, director, and Professor J. Ramachandran, Independent Director.
What is surprising, Reliance many observers that the majority of theatre directors, in their papers were of the opinion that we close to Mr. Anil Ambani. Four of them are folds of Reliance Industries, while Prof. Ramachandran is a Faculty of the Indian Institute of Management, Bangalore.
Mr. Mankad has been a director of the company, even before Reliance has BSES.
News of his resignation was Reliance Energy, in a communication on the stock markets on Thursday afternoon. On Wednesday, President and CEO of Reliance Industries, Mr. Mukesh Ambani, had convinced Mr. ML Bhakta, director on the board of this company, its resignation.
Mr. Bhakta the offer of resignation, ostensibly for reasons of age, had triggered rumors, there is another resignation of directors of Reliance Industries Ltd.
However, she jumped Reliance Energy surprise, with a half-dozen of its directors resigned at once.
None of the directors, was withdrawn to submit its comments. There is, however, another director, is still on the board said these resignations can not be independent of their decision. Such is the case in current developments within the group, he said.
Tags: afternoon, age, ambani brothers, Amitabh, anil ambani, bhakta, chef manager, Communication, difference, director finance, Director.What, energy ltd, Executive Vice-, half-dozen, independent director, indian institute of management, indian institute of management bangalore, jhunjhunwala, M. Satish Seth, Management, manager business development, Managing, Mr KH Mankad, Mr. Bhakta, Mr. JP Chalasani, Mr. ML Bhakta, Mr. SC Gupta, mukesh ambani, President, Prof. Ramachandran, Professor J. Ramachandran, reliance industries ltd, sudden resignation, theatre directors, Thursday, time director, value of time |
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RAJKOT / ANAND: After the resignation of the presidency of Gujarat Co-operative Milk Marketing Federation (and the Institute of Rural Management, Anand, Verghese Mansions today sent his letter of resignation to the Sabarmati Ashram Gaushala (SAG ).
Mansions SAG had been as agent National Dairy Development Board (NDDB) has taken over the leadership in 1973. While in an interview with TOI, Mansions, confirmed that his letter of resignation to the board of directors of SAG and said it was smoking because of his age.
"After all, I am 85 years old. It's time to step down so that someone younger, "he said.
Mumbai, February 2 (PTI) India, the federal Department of power and the USA Agency for International Development (USAID) for Reliance Energy Ltd's Management Institute to undertake training programs in the reform of the distribution , Updates and management (drum) project.
Reliance Energy Management Insititute, which account for about 10 training programs within the framework of drum, a training initiative of USAID and Ministry of Power, directed by train on 25000 professionals in the energy sector, a company announced Wednesday the release.
REMI's training program, which was established last week in New Delhi, including a change in management of energy distribution, financial management
Bangalore: Two major HRD Ministry representative, TVS Motor Company and Director Venu Srinivasan BPL Limited president and general manager Ajit Nambiar, resigned from the membership of the Board of Governors at Indian Institute of Management, Bangalore (IIM-B).
Both companies have their honchos resignation as Chairman of Board of Directors SM Datta, citations of their work schedule.
"The two said they had little time, they were as pre-occupied with work and was unable to attend the regular meeting,''IIM-B director said Prakash G. Apte TOI.
The board has both the resignations and asked the human resource development ministry to fill these vacancies.
There are other reasons
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"Nine of renowned specialists are now on the Board of Directors at the Bel-compliance with directives SEBI and the Department of Public Enterprises, that 50 percent of the board of directors of the company include independent directors, company said today release.
The new independent directors are appointed Bhupindar Singh, former CMD, State Trading Corporation of India, N Balakrishnan, chairman Science and Information Services Division, Indian Institute of Science, Bangalore, Ashok Jhunjhunwala, Professor (Electrical Engg), IIT, Chennai, M Rammohan
Gujarat Cooperative Milk Marketing Federation Ltd-founder and president of Verghese Manoirs today announced his resignation, apparently anticipating a proposed relocation of the Federation dairy members of the Committee for the ousting.
"I GCMMF Chairman of the Board of Directors since its inception in 1973. Do I win this kind of treatment? "Manoirs, celebrated as the father of the Indian" white revolution ", said the reaction to reports that members of the Board of Directors, meet on March 24, a non-la confidence motion against him.
"I am anguished and tortured by the latest move of the GCMMF Board against me. With a length
BETHESDA, Md. -- (BUSINESS WIRE) - July 27, 2005 - The Aeras Global TB Vaccine Foundation, a public-private partnership for development of new vaccines against tuberculosis, announced the appointment of Dr. Man Mohan Sharma, Mumbai, India, the Aeras Board of Directors. An eminent chemist, Dr. Sharma, who is Professor Emeritus at the eminence of Mumbai University Institute of Chemical Technology.
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Ahmedabad: The Board of Directors of the Institute of Rural Management deleted Verghese Manoirs picked by hand-LK Vaswani appointed director and a former student, Nilima Khaitan, Director-in-Office on Thursday, reports from our correspondents.
National Dairy Development Board chairman Amrita Patel was the president order Manoirs resignation of the Institute for 5th to June Anand.
He would have thought there is a motion of no confidence at the meeting, if not strengthened.
Eleven of the 14 board members attended the meeting and "unanimously akzeptiert''Kurien resignation, said V. Ramachandran, a government Nominated on the board. Vaswani was not present at the meeting.
Two members not to
AHMEDABAD: The Big Three may rejoice, but the HRD ministry is not amused by the status of the Board of Directors of the Indian Institute of Management, Indore on fees reduced.
In spite of all the efforts made by the representatives of the four departments, who refused to board the toe of the government, said that it would be the Supreme Court decision on this issue.
Although the Board accepts, it was the prerogative of the ministry to repair the damage fees, officials were not satisfied. They fought tooth and nail, but not when coming from SC to the adoption of a
AHMEDABAD: The Big Three may rejoice, but the HRD ministry is not amused by the status of the Board of Directors of the Indian Institute of Management, Indore on fees reduced.
In spite of all the efforts made by the representatives of the four departments, who refused to board the toe of the government, said that it would be the Supreme Court decision on this issue.
Although the Board accepts, it was the prerogative of the ministry to repair the damage fees, officials were not satisfied. They fought tooth and nail, but not when coming from SC to the adoption of a
Amrita Patel, who prays noire of India's "milk" Kurein Verghese, was chosen as interim president of the Institute of Rural Management, Anand (IRMA) by the Institute Board of Directors.
"The Board of Directors unanimously accepted the resignation of Ronald McDonald Houses," V Ramchandran, IRMA a board member and president of management centre, Thiruvananthapuram, said after the meeting mediapersons here.
He said Patel was elected by the Board of Directors, as "provisional president" by Irma.
The circuit has a three-member committee, headed by Patel, appropriate names for a new president, replacing Ronald McDonald Houses. "The committee was asked to recommend names in one month,"
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