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None of the directors, was withdrawn to submit its comments.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.

Mulraj Gala joins as Finance Head, Sanskrati Sail comes on board as Head of Human Resources, while Pranay Dankedar re-joins as a Senior Project Director.

Gala, a chartered account, was previously Director Finance at ACNielsen ORG-MARG. He is an alumnus of Institute of Chartered Accountants of India and has a decade’s work experience with leading organizations, including the IDBI Bank.

Alok Shanker, Managing Director, Synovate India, said, “Synovate India has doubled its turnover in two years. Gala’s foremost task is to ensure that we achieve our global targets with a keen eye on the profitability of the company.”

Synovate has also appointed Sanskrati Sail as the Head of Human Resources. An alumnus of Narsee Monjee Institute of Management Studies, Mumbai, Sail has over seven years’ experience in a number of leading manufacturing and service sector companies. Her last assignment was with Lilac Medicare Pvt Ltd.

P K Bishnoi will be the new chairman and managing director of Visakhapatnam Steel Plant (VSP) of Rastriya Ispat Nigam Limited.

He will take charge on May 1 from Y Siva Sagara Rao who will retire on April 30.

The Public E n t e r p r i s e s Selection Board, New Delhi cleared Bishnoi’s appointment and the appointment order has reached VSP.

Bishnoi, an engineering graduate from the Indian School of Mines, Dhanbad, did his MBA from IIM-Ahmedabad with finance as specialisation.

He had served many private and public sector units in various capacities before joining the VSP as director (finance) on April 1, 2004. He will hold the office of CMD till 2011.

Shri V.K. Ramamurthy, Minister of Petroleum & Natural Gas, here today receive a report from the four-member committee, chaired by Dr Nitish Sengupta, Director, International Management Institute. The committee has been set up to the prospect of an alliance between the stand-alone company’s sales M / IBP Co. Ltd and Certificate Revocation List, MRL, BRPL NRL and the refining unit of the company. On that occasion, the Minister explained that the Committee’s recommendations will be carefully examined to appropriate decision.

The committee was asked to examine and analyse the emerging scenario in the area of oil production in India after the year 2001, with particular reference to the development and introduction of competitiveness and the profitability of the stand-alone refineries and marketing companies, IBP Co. Ltd. This should take place within the framework of the state and the strategies of other oil companies, under the conditions laid down by globalization and de-regulation/liberalisation. The committee of four members was also in the mission to examine the options that are available and offer a strategic alliance / integration of these oil companies, among themselves or with other oil companies. It was also asked to strike / recommend the best mode of the form and the aforementioned restructuring stand alone companies, so that the viability and strong, oil companies may refer to a base of the integrated approach upstream and downstream activities of the oil sector for domestic marketing and refining, which may have advantages for the future conditions of competition and market forces and sustainable use units with a growth potential.

Other committee members were Shri J. Jaya Raman, former CMD, CRL, Shri Anil Sachdeva, MD maitre Board, New Delhi and director (finance), OCC, New Delhi.

Lucknow, January 20: MANFEST 2006, a mega-event of the year from the Indian Institute of Management (IIM), began on Friday in Lucknow campus of IIM. It is a manifestation of three days, and culminate on Sunday with live demonstrations of Rock Parikrama-fire and DJ Show.

The event was organized by Ishaat Hussain, Director (Finance), Tata Sons Limited. Guest of honour at the opening ceremony was VV Singh, Director of Reliance Infocomm. Dr Devi Singh, Director, IIM Lucknow Prof.DS Sengar and dignitaries on the occasion.

Manfest The theme for 2006 is “Globalization and India as Torch Bearer.”

The first day was filled with various events. Training seminars to play the game, all were part of the first day. Discussion with students Ishaat Hussain said: “I wish I was young, and could again in these events. Globalization, the sine qua non for the success of an economy. “VV Singh spoke, as he assosiated IIM Lucknow for 10 years, and said he had learned a lot through interaction with students, costs Entry and new opportunities for entrepreneurs in the world.

Speaking of the occasion, Dr Devi Singh, said: “IIM Lucknow is the place where all are held shares, including education, economics or loan companies.”

He informed that IIM Lucknow in the new campus of Noida would be fully operational within 12-15 months. Dr. Sengar began with a quote from Peter F Drucker, meaning that the IIM Lucknow campus has made great strides in the management of training. He stressed Manfest’s modest beginning in 1988 as ausfragend event, which now represent one of the biggest management festivals in India.

Arvind Singhal, Managing Director, CSA Techno Park, a management board of the organization of the wise management of pupils in the retail sector in India and myths and realities. The size of the industry of retailing in India is Rs.11, 15000 crores and it is expected that by leaps and boundaries in the near future.

Other activities, which, one day, the game has been Treasury, Murugappa national debate, business and 3.4 Quiz Show of musical performance IIML band.

The highlight of the day was a piece of Abhivyakti, visual arts and arts of representation of the cell IIM Lucknow. ‘Bichhu “, a comedy staged by students was conducted by Neelam Gupta of the National School of Drama, has been a success with the public.