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None of the directors, was withdrawn to submit its comments.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

Hoping to appeal to human resource development minister Arjun Singh’s sense of fair play and respect for autonomy, the Indian Institute of Management, Bangalore, is planning to reapply for permission to set up a campus in Singapore.

The IIM-B board is expected to clear the proposal on January 20. IIM-B chairman Mukesh Ambani has decided to approach the government for discussing the issue.

In keeping with the possibility of dialogue, IIM-B is treating the matter as a possible communication lapse. Sources said that the government seemed to have taken the IIM-B’s proposal to set up a campus in Singapore as an ‘either-or’ situation and the proposed re-application will clarify the situation.

Setting up a campus abroad will not mean that IIM-B will neglect its commitment to the country. IIM-B is hopeful that the overseas campus proposal will not escalate into a situation similar to the fee-cut controversy.

On the issue of faculty scarcity, which has been cited as a reason for not expanding operations within the country, sources said that overseas faculty would also be hired for the proposed Singapore campus.

Directors of the six IIMs are slated to meet in Kolkata in last week of January or the first week of February. A concerted move by the IIMs, especially the big three — Ahmedabad, Bangalore and Calcutta — would depend on the government’s response to the fresh application. If IIM-B pursues the matter, others are expected to back IIM-B since it is essentially a question of autonomy.

Mr Singh has received support from unexpected quarter, his predecessor Murli Manohar Joshi. “If it is a matter of IIM brand and if that is really significant and important, people will definitely come on their own to study here,” said the former HRD minister.

Pedigree is no longer of any significance in modern India - it’s the performance that is crucial,” said Reliance Industries vice-chairman and managing director Anil Ambani, who accepted the Entrepreneur of the Decade Award, conferred upon him and the Reliance Group chairman and managing director Mukesh Ambani, by The Bombay Management Association (BMA). Mr Anil Ambani added that there was an emergence of a new breed of entrepreneurs. The award is in recognition of their leadership, entrepreneurial qualities and remarkable contribution to the Indian industry. The Management Man of the Year award for 2001-02 has been awarded to Tata Consultancy Services chief executive officer S Ramadorai, in recognition of his excellent contribution to the management movement and the software industry. The awards were presented to the winners by the Securities and Exchange Board of India chairman GN Bajpai. The jury of the awards committee included, Larsen & Toubro Ltd chief executive and managing director AM Naik, Hindustan Lever chairman MS Banga, Aditya Birla Group chairman Kumar Mangalam Birla, TCS chief executive officer S Ramadorai, HDFC Ltd chairman Deepak Parekh, Bank of India Mutual Fund chairman Ram Tarneja, NL Dalmia Institute of Management Studies & Research director PL Arya and Tata TD Waterhouse Securities Ltd executive director Kiran Umrootkar. Mr Anil Ambani accepted the citation on behalf of Mr Mukesh Ambani. In his acceptance speech he shared, some of the “mantras” that his late father and the founder of the Reliance empire, Dhirubhai Ambani had put into practice. Mr Ramadorai in his acceptance speech emphasised on the need for professionals to constantly upgrade themself as situations are changing rapidly. According to him, for an organisation to last, institutionalising of knowledge is very essential. Mr Bajpai pointed out at the fact that in today’s rapidly changing corporate world, ethics have taken a back seat. He urged upon managers and entrepreneurs to set examples which could be followed. According to him, the wealth of managerial skills should be used for the benefit of the society. He said India has the largest human resource capital and it be channelised towards India’s emergence as an economic superpower. Other awards presented at the ceremony were “Best Management Institute of the Year” to Narsee Monjee Institute of Management Studies. The award was accepted by Mr HH Mankad from the institute.

Was chairman of Reliance Industries Mukesh Ambani D, the chairwoman of the Board of Governors of Indian Institute of Management Bangalore, remain in the dark on the single procedure, that the Institute of the attack took for a new director?

The process that the Institute has launched an internal procedure for the appointment of a successor PG Apte - the current director, whose mandate expires next month - is quite fascinating.

First, Shyamal Roy, who led the initiative, drew his candidacy after the investigation was completed and after the first three names were disclosed.

Then, Apte said it was the entire process. “I was away in Mumbai and came to know if I withdrew. It is not a formal process.

The question of whether the IIM-B board was created before taking this initiative, TOI Apte said: “To my knowledge, no. I do not know if the Faculty tried on an informal basis, the Governing Council do not use it. But I’m out of it. ”

Roy, provided 99 points and was a leader in the race for the coveted post in the internal appointment process, his colleagues and faculty at the last minute withdrawal from the fact that age was no sound later, as 61 years, it complements August.

“Over time, a new director is in place, I am 62. We are exciting moments for the future in the field of management education opens up opportunities and challenges for the Institute. We need a youngest person to head the Institute .. “Roy said that his colleagues.

Amazing so Apte not the number of results from the online survey for internal candidates for the post of Director.
In the online survey, 50 faculty members voted 99 points and Roy assured. While J has reached 94 points Ramachandran, R Srinivasan, 64 points.

Notwithstanding the confusion, the nominee directors, their presentation to their intention and vision for the first B-school on the body of the Faculty Monday.

AHMEDABAD: Yet another, for the functioning of the IIMs, the role of the president to head the country B, schools are under the government Barre. The ministry has ordered HRD for a detailed report on the role of the president “, the Indian Institute of Management. Report within a period of one month.

The ministry HRD Committee for the presentation of the report on the role of president. “The report is available in a month. The committee was requested to identify a large extent on the role and responsibilities of the president,” said a source.

According to some sources, this means now that the chairman of the dissatisfaction expressed at the HRD ministry on how their role is only “ceremonial”. The Memorandum of IIMs not much talk about the role of president.

Industry bigwigs have IIMs as chairman of the Institute. Mukesh Ambani While the committee of the IIM Bangalore as its chairman, Vijay Sing Path Hania, the chairman of the Board of Indian Institute of Management Ahmedabad. Ajit Balakrishnan, chief Rediff, the chairman of the board of IIM Calcutta. The IIM president is provided by the Ministry of Human Resources Development, and every president has run for five years.

The report is appointed by the Audit Commission by the Ministry recently. The review commission, headed by the former president, Maruti Udyog RC Bhargava is already reviewing working methods of IIMs. With it, the role of the president of each institution are clearly defined. Checks previous committees review of the working methods of the two IIMs.

With the role which has clearly defined map president expects that more decision-making powers. They could also play an important role in the decision on the future course of action and development plans.

BANGALORE: Singapore’s wait for his own IIM is better than ever. At its first meeting after the resumption as the new chairman of the Board of Governors, Indian Institute of Management, Bangalore (IIM-B), Mukesh Ambani, the Institute will review the proposal to impress the HRD ministry the benefits of Zufließt IIM-B, and for the country.

With the Ministry of HRD delayed the approval of the Institute campus of Singapore, Reliance Industries MD presented two proposals.

One of the proposed revisions to ensure that Singapore operations are well integrated with the vision of the Institute and in compliance with the national objectives.

In response to “initiate the process of change, because there is no enabling clause in the Memorandum of Association and Rules of IIM-B, the campus outside Bangalore.

Pune: Reliance School of Life Sciences (RSLS), and part of Mukesh Ambani’s Reliance Life Sciences (RLS), and was in favor of a University status.

The Institute has registered more than 300 employees of Reliance Life Sciences, in the context of the establishment of a competence centre of the programme, while 15 candidates for a degree program for the public.

“The number of candidates is to see in the context of the RSLS is the existence of a little over a year. RSLS has about 300 students and this force will increase by about 3000 to 2012,” said one spokesman for the company.

“RSLS is the first” centre of excellence “at the university, where the group provides other centres in areas such as health care, alternative energy and nano-science. These provisions are in addition to the bioinformatics and Biomedical Engineering “, the spokesman.

The life sciences businesses, the proposal for a University status was submitted to the University Grants Commission (UGC), the Ministry of Human Resources Development in May 2007. A revised version of the application was submitted last month, as a general rule, because UGC wants additional information.

RSLS is in dialogue with several international education cooperation. “It is premature to identify the names of the institutions, we are talking,” said the spokesman.

Currently, the operating system from the campus of the Navi Mumbai RLS, the educational establishment is a prospecting site for his university. However, there is a belief makes the tower that the university could be offered to multi-product SEZ that Reliance Industries set Dronagiri near Navi Mumbai. It is important to remember that this game received his SEZ in July this year.

Although RLS to the situation of the university as a proposal, spokesman for the company said: “Various options in the various countries and India are under consideration. However, proximity to campus of Reliance Life Sciences is of the utmost importance for the exchange of teachers seamless, and the optimum use of infrastructure. ”

RSLS has developed 42 curricula at the MSc, PhD and MTech level are offered in a phase in an intelligent manner. It currently offers programs for the development of Competence Centre for Reliance Life Sciences external collaborators, as well as diploma programs.

The programmes for the development of competence centre are designed for young graduates and train young researchers in fields of science and technology to boost the growth of enterprises in various sectors of activity Reliance Life Sciences. Currently, seven programs are composed of three months to the Board of class training and nine months, “on the job” training, the engineer of course, clinical research, manufacturing, insurance of quality, research and development, marketing, medical and agriculture.

Programs clinical data management, business and finance, management and healthcare planned in advance. Graduated from external programs, which are open to non-candidates, businesses, including the manufacture of biopharmaceuticals and clinical research. They are 42 weeks of programs, which aim to reduce the employability of candidates in the biopharmaceutical industry in research or organizations.

RSLS currently has a combination of full-time training, modifying and adding Faculty visit up to a total of 50 teachers. In drawing up its plans for the university, the spokesman for RLS, said: “It is imperative for the status in the university to postgraduate and doctoral programs. About seven areas of the life sciences and territories were devoted to higher education and research. ”

The spokesman, in order to increase investment for the project, he said: “considerable sums are being spent to create a world-class centre for higher education institutions.”