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None of the directors, was withdrawn to submit its comments.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

India, the largest IT company Tata Consultancy Services (BSE: TCS), with acquisitions in Europe and plans to increase the number of employees in their operations in China and Latin America in 1000

“We see perhaps also, TCS, Executive Vice-President Pheroz Vandrewala told PTI on whether the undertaking research on acquisitions in Europe.

Past at a seminar at Indian Institute of Foreign Trade he said there were limits to organic growth in Europe due to environmental requirements.

So go ahead in Europe is relatively large acquisitions must be made, “said Vandrevala.

“The big European companies have significant internal IT organizations, including some outside work. But very few of them are profitable. Given that Europe wakes up, it is of great opportunities and many companies are to divest their organizations’, “he said.

Vandrevala said TCS was also planning to increase the participation of China in Latin America and operations from 1000 to March 2005, to 700 today.

In Latin America, TCS has offices in Brazil and Uruguay, while China activity of two sites.

He said TCS in China in its global customer service, but also a chance to see, in the rapidly growing Chinese market for computers. The company also plans to base its China move to Korea and Japan, the second IT market in the world.

IT is the second largest investment in the life of a man after his house. Unlike the latter, take with you for refuelling all manufacturers claim that the car is an extension of your personality.

Design and qualify you for KC Mahindra Award for Excellence in Automotive Design Mahindra & Mahindra Ltd (M & M). The theme of this year, the competition is to design and paper for the design of a car style / Sports Utility Vehicle.

Open primarily to students in engineering and design, competition, entries from a wide segment of submissions so far meet the criteria. At a press conference Tuesday, M & M officials said, might be the case because the face of competition in the short time since the news, he appeared for the first time, subject to fans Indian students abroad.

Each team, at least two students and a maximum of four, were needed to design a document design cars, thematic and technical specifications.

The deadline for filing is 1 March 2003 and the results would be on 2 April 2003. The first prize is worth RS 1 lakh, the first and second runner to get Rs 50000 and 25000 certificates of merit of the case dozens are also given.

The award is named after K.C. Mahindra, one of M & M’s founder.

The jury consists of Mr. Pradyumna Vyas, president of industry programs and projects, National Institute of Design (NID), Professor K. Munshi, Industrial Design Center (IDC), IIT, Mr famous designer Dilip Chhabria and Dr. Pawan Goenka, Executive Vice-President (Product Development), M & M.

According to Mr. Anand Mahindra, Vice-Chairman & Managing Director, M & M’s theme of the competition does not affect M & M’s need for the design of the vehicle. The theme will be changed and products outside of M & M’s portfolio. However, intellectual property rights of the price design jacket M & M and the company promises to compensate the developer must qualify its entry at a later date of manufacture.

While M & M has not thought about, Mr. Goenka, if you asked, said there is the possibility of M & M Research Assistance opportunities for producing award-winning design of the vehicle, are not of direct interest to their portfolio.

Satish Mandhana has IDFC Private Equity (IDFC PE) as Executive Vice President, the company said in a release here today.

Piror to Mandhana worked as Chief Financial Officer at JK Paper.

From an MBA from the Faculty of Management Studies, Delhi University and a bachelor of Industrial Engineering of the IIT, Roorkee, Mandhana has more than 24 years exeprience in the field of financial services.

In an age of accelerating product proliferation, enormous customer choice, and growing clutter and clamour in the marketplace, a great brand is a necessity, not a luxury. While that realisation has finally dawned on the majority of companies, the key question they are still struggling with is how to build strong brands? Leading marketers including Mr Shunu Sen, CEO, Quadra Advisory Services, Ms Sue Evans, princiapl consultant, retail practice, AT Kearney, and others gave an insight on the topic while speaking at a seminar on ‘Branding and its Strategy’ organised by Faculty of Management Studies, University of Delhi. The seminar which traced the lifespan of a brand through three sessions focused on brand creation, brand sustenance and reinvention of a brand. Setting the first session ‘Birth of a brand’ rolling, Mr Sen said that he’d define a brand as a product, organisation or a persona that has a unique set of associations attached to it. Citing the Business Week survey of the best known brands and identified that all of them (barring GE) were product offerings but they constituted much more than that. The ability to charge a premium price, he said, is a charactersitic feature. “Branding enables the producer, the consumer and the market benefits they otherwise would not have had.” According to Mr Sen, the first instance of branding is the wildwest practice of branding the cattle and livestock. Mr Santosh Desai, executive vice president, McCann Erickson India opined that branding is an act of creation, the act of conceiving benefits beyond the product. Brand according to him is a pattern of reputation around an innovating idea. Among other examples he identified Virgin (”…cheeky revenge of the underdog..”) and Amitabh Bachhan (”…anger of the marginalised..”) as strong brands. According to him, marketing as a discipline errs when it looks at consumer as merely a rapacious beast who consumes..” He insisted that consumers be looked at as human beings, too. Taking the audience through the branding process of Boost in a span of 16 years, Sucheta Govil, geenral manager, Nutritional Healthcare, GlaxoSmithKline outlined the transformation of Boost over the years right from shifting from mom-and-son focused advertising to using Kapil Dev to Sehwag to Sachin. “To me, in short, branding is creating a commercially successful brand property for the company. To achieve that you have to think radically different,” she said.