Committee of Trustees, consisting of Ratan Tata, Vijay Singh and Venu Srinivasan, has been set up with immediate effect to oversee operations and to select a Chief Executive for the Trusts
This follows the recent withdrawal of income-tax exemption for Sir Dorabji Tata Trust, one of the oldest and biggest philanthropic organisations in the country
It should remove apprehensions about an individual's or family's control over the Tata group
Venu Srinivasan, a director on the board of Tata Sons, is the chairman of Sundaram-Clayton and TVS Motor Co
Besides fresh inductions, Tata Trusts, chaired by Ratan Tata, could even decide on a vice-chairman sometime soon
In a Q&A, H S D Srinivas, Head-Health, Tata Trusts, dwells on his set-up's role in Ayushman Bharat, and its association with various states' healthcare initiatives
The exercise might reflect a continuity and cohesion between Tata Sons and Tata Trusts
Health care is being brought close enough to ensure patients from any part of the country travel no more than 3 hours to avail treatment of the kind available in large metros
It also accused Tata Educational and Development Trust of 'funnelling' tax-exempt public charity money outside the country to fund rich foreign universities
Tata Sons' Chairman N Chandrasekaran has been vocal about simplifying cross holding within group firms since he took over last February
A metropolitan magistrate's court had issued the summons in July 2017, directing Mistry and others to appear
Social impact venture, which has seeded over 20 start-ups, looks to build infrastructure to support research
As part of the plan, Tata Trusts has initiated a pilot with four Tata group companies, Tata Consultancy Services, Tata Steel, Tata Motors and Titan
The Maharashtra government and Tata Trusts today joined hands to roll out a series of social development initiatives in Chandrapur district in the areas of livelihood, digital literacy, data driven governance and child protection. Talking to PTI, Head of Grant & Finance of Tata Trusts, Ashish Deshpande, said, "Tata Trusts will facilitate the district administration to advance community development indicators in the district, by improving existing projects and aiding administrators in facilitating multi-sectoral development." "The state government and Tata Trusts will jointly work on a village-level micro planning exercise Data, Evaluation, Learning, Technology and Analysis (DELTA), which was launched in three blocks Mul, Pombhurna and Jivti -- earlier, will now be expanded to the entire district," he added. Deshpande said the Tata Trusts will partner with the Center for Budget and Governance Accountability (CBGA) to work with the Chandrapur administration for ...
It comes after the success of the Aadhaar-enabled fertiliser distribution system in collaboration with the Andhra govt
Moving from just aiding non-government organisations (NGO) to funding 'socially relevant' startups, Tata Trusts in association with Department of Science and Technology (DST) and Lockheed Martin would invest around $20 million over a period of 10 years in new companies.According to officials at Tata Trusts, startups which help in providing solutions to issues such as waste water management, traffic management, might be even made part of the group and taken on an expansion route. The company hopes that such companies might also help it in its smart city play and help in future smart city projects. According to DST, the 500 startups aided in the first 10 years of the programme for a mere $10 million are now combined valued at over a billion dollars.The programme to help startups under India Innovation Growth Programme 2.0 would be rolled out by Ratan N. Tata, Chairman, Tata Trusts, Ashutosh Sharma, secretary DST, and George Strandridge, vice president, business development, Lockheed ...
The responsibility to be informed of Tata Trusts' assets and to protect them vests with the trustees
In a joint letter to the board members of group companies, including TCS, Tata Motors, Tata Chemicals, and Tata Power, among others, the civil society organisations raised alarm and expressed their unhappiness about unwarranted questions being asked about Tata Trusts
Swatha Kutumbam, the health insurance scheme is for the marginalised communities
According to the venture head, they will work in few verticals in the beginning, like, health, water, sanitation and energy