The Dhirubhai Ambani Institute of Information and Communication Technology (DA-IICT) will go to Anil Ambani as part of the settlement between the Ambani brothers. |
According to a source in the Gandhinagar-based DA-IICT, Mukesh Ambani, chairman of Reliance Industries (RIL) has resigned as chairman of DA-IICT, which was promoted by the Dhirubhai Ambani Foundation and the Reliance group. |
Following Mukesh's resignation a couple of days back, at least half-a-dozen board members of the institute, including Hasmukh Shah and Parimal Nathwani, resigned. |
"As soon as I learnt that DA-IICT will go to Anil Ambani, I resigned from the board. The new management should have a chance to reconstitute the board." Hasmukh Shah, chairman NID and former chairman of IPCL, told Business Standard on Wednesday. |
Others board members of DA-IICT from the Mukesh Ambani camp, are V V Bhat, Parimal Nathwani, professor Paul Raj, professor M A Pai, K V Subramaniam, L V Merchant, and Sam Pitroda among others. |
On whether he would reconsider an induction into the board if Anil Ambani asked him to do so, Shah said, "Anil wanted to meet me following my resignation. DA-IICT is a good institute and I may reconsider if I am asked to do so." |
Professor S C Sahasrabudhe, chairman and director of DA-IICT, could not be contacted despite several attempts. |
J N Singh, secretary, department of science and technology, government of Gujarat, who is a government nominee on the board, said, "I am a government nominee on the board and I am not going to resign. I am not aware of the resignation of other members. The reconstitution of the board will, however, be decided by Reliance." |
One of the professors at DA-IICT said, "The board of governors had met in December last and the meeting was headed by Mukesh Ambani. I am not sure when the new board would be reconstituted." |
DA-IICT, a non-profit educational society, was established in 2001 to promote education, research, and training in information and communication technology. |
The institute commenced activities from August 2001. |