Articles about Tata Trusts

On Saturday, Noida's battle with the deadly coronavirus got a boost when Uttar Pradesh Chief Minister Yogi Adityanath inaugurated a 400-bed hospital dedicated to COVID-19 patients.

Sundar Pichai, the CEO of Alphabet and Google, has donated Rs. 5 crore to support COVID-19 relief efforts in India.

Tata Group has pledged a donation of Rs. 1,500 crore to support India's fight against the coronavirus disease (COVID-19).

As coronavirus cases continue to increase, Maruti Suzuki, India's largest automaker, is planning to tackle one of the most concerning problems associated with the pandemic - ventilator shortage.

The anger against the Citizenship Amendment Act (CAA) and the proposed National Register of Citizens (NRC) is quite visible as thousands are ascending on the streets to register a protest.

Kanpur-based start-up HelpUsGreen, which converts flowers and offerings collected from religious places into a biodegradable alternative to thermacol and incense sticks, received the UN Young Leaders Award at the UN General Assembly in New York yesterday.

A month after former president Pranab Mukherjee triggered a controversy by attending an RSS event, it is now industrialist Ratan Tata's turn.

In what seems to be a decisive verdict in the Tata Sons-Cyrus Mistry case, the Mumbai bench of the National Company Law Tribunal (NCLT) has ruled in favor of Tata Sons, dismissing Mistry's pleas challenging his removal as the chairman of the group.

Nine prisons in Maharashtra, housing some 1,023 women, are in the process of getting sanitary napkin vending machines and incinerators (for the disposal of sanitary napkins).

Google's "Internet Saathi" program is set to expand to four new states: Karnataka, Goa, Uttarakhand, and Telangana.

Google has taken its 'Internet Saathi' program to Tamil Nadu (TN), aiming to cover 4,000 villages across six districts in Phase I.

Over 1,100 women in Uttar Pradesh's Khaula village can now access the Internet, learn new skills, and watch YouTube videos thanks to "Internet Saathi" program run by Google and Tata Trusts.

Tata Sons shareholders have approved its conversion into a private limited company. It came after NCLAT allowed Cyrus Mistry's family firms to file a case against Tata Sons.

Tata Trusts, the philanthropic arm of Tata group, will spend over Rs. 500 crore for the betterment of tribals in four states over the next five years.

A Mumbai metropolitan court has initiated criminal defamation proceedings against ex-Tata Group chairman Cyrus Mistry, his brother Shapur Mistry and their firms.

In India, where women's illiteracy rate is surprisingly low, Google partnered with Tata Trusts to create "Internet Sathi," a noble initiative to increase digital literacy in India last year.

The National Company Law Tribunal stated that petitions filed by shareholders linked to Cyrus Mistry, have made no case against the Tata group.

With the Supreme Court allowing e-auction of Delhi's Taj Mansingh hotel, Tatas and ITC are likely heading for a fierce takeover battle.

Cyrus Mistry's petition that alleged mismanagement and oppression of minority shareholder interests suffered badly as the National Company Law Tribunal declined to grant "waiver to Cyrus Mistry's family firms on the minimum shareholding requirement to petition" against Tata Sons.

By passing a special resolution, Tata Sons Ltd may ask the Mistry family firms to exit the shareholders' group after 50 years of association.

On his first day in office, Tata Sons Ltd's new chairman Natarajan Chandrasekaran outlined three strategic priorities for the group: bring the group closer and leverage collective strength; reinforce a leader's mindset in operating companies for greater rigour to capital allocation and deliver superior returns to shareholders.

On Monday, the shareholders of Tata Sons Ltd., controlled by Tata Trusts and Tata Companies, together voted to oust Cyrus Mistry as a director in an extraordinary general meeting (EGM).

Chandrasekaran's appointment as group chairman is being keenly watched by industry leaders.

The National Company Law Tribunal has dismissed pleas by 2 companies owned by the Mistry family which alleged violations of NCLT directives in removing Mistry from Tata Sons' board.

N.Chandrasekaran, the CEO and managing director of TCS has been appointed the new chairman of Tata Sons. He took over as TCS CEO in 2009.

Nusli Wadia was voted out of the board of Tata Chemicals with over 75% of the votes going against him; Wadia was also voted out of the board of Tata Steel with over 90% of votes going against him.

Following the ouster of independent director Nusli Wadia from the board of Tata Steel, the company's shares dropped down over 3%.

Independent director of Tata Steel on Thursday said that Nusli Wadia was removed from its board; 90.8% of the votes favoured his ouster.

In a key development, Cyrus Mistry has resigned from six Tata Group Companies.

Nusli Wadia alleged that the management of Tata Chemicals coerced directors ahead of the EGM to side with Tata Sons instead of Cyrus Mistry.

Following the ouster of Tata Sons Chairman Cyrus Mistry, an old confidante, Nusli Wadia, targeted Ratan Tata.

After being ousted from Tata Sons, Cyrus Mistry asked the government to mediate in the affairs and business decisions of the Indian conglomerate.

Sources said that Tata Sons is considering bringing back veterans to head key group companies in light of the Tata-Mistry split.

Nusli Wadia and Cyrus Mistry will contest the proposal to remove them from Tata Motors; Tata Sons called for an EGM of Tata Motors to take stock of the Tata-Mistry fall-out.

Sources have revealed that Cyrus Mistry and Nusli Wadia are likely to address the Tata Steel EGM; sources said that both Wadia and Mistry intend to make a written and oral presentation to shareholders.

After Tata Power and Tata Chemicals, Tata Steel's board expelled Cyrus Mistry as their Chairman.

Sources revealed that former Unilever COO Harish Manwani is being considered as a candidate to possibly lead the Tata Group as new Chairman.

Tata Consultancy Services has become the first group company to call a shareholders meet to decide upon Cyrus Mistry's removal; the meeting is scheduled for 13 December.

Tata Global Beverages informed stock exchanges their board decided to replace Cyrus Mistry as Chairman by a majority vote.

N Chandrashekaran of TCS and Ralf Speth of Jaguar Land Rover have been elevated to board positions in Tata's holding company, signalling possible considerations for one of them replacing Cyrus Mistry.