Besides, it would also be used for setting up modular treatment facilities for infected patients, knowledge management and training of health workers and the general public, Tata Trusts said.
The purpose and performance of these companies do not demonstrate that any one class, on a secular basis, is superior or inferior in these respects.
In the days to come, Jhaveri can be expected to play a larger role at one of the country's largest business groups
Former Citibanker Pramit Jhaveri joins Dorabji Trust
Currently, Narasimhan is the managing director of Tata Teleservices Ltd and Tata Teleservices (Maharashtra) Ltd, Tata Trusts said in a statement
The Tata Trusts holds 66 per cent stake in Tata Sons - the holding company of Tata Group companies - and Ratan Tata is the chairman of the Trusts
Tata Trusts was established in 1919, but the activities took off in a big way when Sir Dorabji Tata set up a trust in 1932
The Trusts is of the view that the cancellation should apply retrospectively as it had offered to surrender the registration in 2015
The present imbroglio is the problem child of tax amendments and the trusts' decision to voluntarily surrender its exemption
With the income tax department cancelling Tata Trusts registration, the first of a two-part article examines the flaws in the laws governing charitable trusts
On November 1, Tata Trusts said the Income Tax Department has cancelled registration of its six trusts
The Trusts further clarified that this order of cancellation is a culmination of the decision taken by these six Trusts in 2015 to surrender, of their own volition, their registration under the Income
The Tata Trusts said the cancellation was a culmination of the decision taken by these six Trusts in 2015 to surrender their registration and to not claim the associated income tax exemptions
Though Tata Trusts was granted cancellation and that order was upheld by the Income Tax Appellate Tribunal, whether tax should be levied or not has become a bone of contention
The 1,000% dividend will help Tata Trusts, which owns 67 per cent in Tata Sons, to invest in charitable activities. The total dividend outgo will be Rs 404 crore
From Anil Agarwal and Mukesh Ambani joining the suitors' list for acquiring RCom assets to Sebi easing the process for onboarding overseas investors, here are the top business headlines for Thursday
Tata Trusts on board for preparing project report
Insiders said Soonawala played an important role in getting Noel Tata, half-brother of Ratan Tata, on the board of Tata Trust
A Tata group veteran, Soonawala is known to be a close confidant of group patriarch Ratan Tata
The cluster of the charitable organisations announced series of top level changes at Tata Trusts after a board meeting