News for 'Tata Trusts'

Mr Tata Never Forgot His Ethics, Values

Mr Tata Never Forgot His Ethics, Values

Rediff.com11 Oct 2024

This was a man who like Buddha transformed himself into achieving the impossible and being an inspiration for many generations to come, says business thinker Mudit Jain.

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Rediff.com13 Oct 2025

After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.

Grappling with succession after Ratan Tata

Grappling with succession after Ratan Tata

Rediff.com1 Nov 2016

What would happen to the ownership after Ratan Tata? The succession plan for the 263,862 Tata Sons promoter shares owned by seven Tata Trusts and other holdings of Tata brothers? Would a younger family member inherit?

Most Anticipated IPOs of 2025 Everyone is Waiting For!

Most Anticipated IPOs of 2025 Everyone is Waiting For!

Rediff.com22 Jul 2025

The IPO wave of 2025 is here, and it's bigger than ever. From fintech unicorns to financial powerhouses and infrastructure giants, some of India's biggest names are all set to make their stock market debut. PhonePe, Zepto, Tata Capital, NSE, NSDL, and JSW Cement are just a few of the highly awaited listings that have investors and analysts buzzing with excitement.

Tata Sons' net debt burden at eight-year low as cash reserves swell

Tata Sons' net debt burden at eight-year low as cash reserves swell

Rediff.com18 Mar 2024

Tata Sons Private Limited, the holding company of the Tata group, witnessed a precipitous drop in its net debt to Rs 5,656 crore in the 10 months ended January this year, as its cash reserves burgeoned to Rs 9,516 crore during this period. Eight years ago, in 2015-16, Tata Sons reported a net debt of Rs 5,132 crore; from March 2017 until March 2023, this figure was above the Rs 14,700 mark, peaking at Rs 27,437 crore at the end of March 2019, according to data sourced from Capitaline. The company's gross debt nearly halved to Rs 15,173 crore until January 2024 on a standalone basis, down from a peak of Rs 31,363 crore reported in the financial year ended March 2019.

'Ratan Tata Always Displayed His Kindness'

'Ratan Tata Always Displayed His Kindness'

Rediff.com12 Nov 2024

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'

TISS withdraws sacking notice for 105 staffers amid backlash

TISS withdraws sacking notice for 105 staffers amid backlash

Rediff.com30 Jun 2024

In the circular, the TISS said all 55 faculty and 60 non-teaching staff were appointed under programmes funded by Tata Education Trust and were on a contractual basis with exact programme period.

'Ratan Tata stood like a rock outside Taj Palace during 26/11'

'Ratan Tata stood like a rock outside Taj Palace during 26/11'

Rediff.com10 Oct 2024

The senior IPS officer said Tata displayed resoluteness, uncharacteristic of his calm demeanour, when the iconic hotel came under attack.

Bharat Fund: Tata joins to support start-ups

Bharat Fund: Tata joins to support start-ups

Rediff.com14 Oct 2015

Tata Trusts is one of India's oldest, non-sectarian philanthropic organisations involved in areas of community development.

Tata Sons shareholders approve Chandra's 2nd stint

Tata Sons shareholders approve Chandra's 2nd stint

Rediff.com26 Apr 2022

Shareholders of Tata Sons, the holding company and promoter of Tata group companies, have approved the reappointment of N Chandrasekaran as chairman for another five-year term despite its single largest shareholder the Shapoorji Pallonji family abstaining from voting, according to sources. In February this year, the Board of Tata Sons had approved the reappointment of Chandrasekaran as executive chairman for another five years till February 2027, subject to shareholders' approval. At the shareholders meeting held on Monday, the proposal for Chandrasekaran's reappointment for a second term needed more than 50 per cent of votes as it was an ordinary resolution.

'India's Confidence In The US Is Shattered'

'India's Confidence In The US Is Shattered'

Rediff.com1 Sep 2025

'The current strain in the relationship is serious and likely to be long lasting.' 'Even if Trump suddenly changes his attitude toward India -- which he is entirely capable of doing -- it is unlikely that New Delhi will be able to pick up the pieces and respond as if nothing has happened.'

AI 171 Crash: A Timeline Of Events

AI 171 Crash: A Timeline Of Events

Rediff.com12 Jul 2025

A timeline of events related to the investigation of the Air India Boeing 787 crash in Ahmedabad, including investigation initiation, black box recovery, and safety measures taken.

90% of women in police force serving as constables: Report

90% of women in police force serving as constables: Report

Rediff.com15 Apr 2025

A new report, "India Justice Report 2025", highlights the stark gender disparity in India's police force, with less than 1,000 women holding senior positions like Director-Generals and Superintendents of Police. Despite growing awareness about the need for gender diversity in law enforcement, not a single state or Union Territory has met its target for women's representation in the police force. The report also emphasizes the significant challenges faced by the justice system as a whole, including infrastructural deficiencies, overcrowding in prisons, and inadequate staffing levels. The report calls for systemic reforms to address these issues and ensure a more equitable and accessible justice system for all.

Ratan Tata waxes eloquent on UP, Akhilesh

Ratan Tata waxes eloquent on UP, Akhilesh

Rediff.com22 Dec 2015

Says UP misunderstood and underplayed

Ratan Tata vows to make Air India the airline of choice

Ratan Tata vows to make Air India the airline of choice

Rediff.com2 Feb 2022

'Tata Group is excited to work together to make Air India the airline of choice in terms of passenger comfort and service'. This is an audio message from Ratan Tata played onboard some Air India flights. Tata Group completed the takeover of the loss-making Air India on January 27.

Mistry's tirade against Ratan Tata continues unabated

Mistry's tirade against Ratan Tata continues unabated

Rediff.com28 Oct 2016

Refuting Tat's charges about Welspun buy, Mistry said to even suggest that the Tata Sons board including the nominee directors of the Tata Trusts had not been adequately informed is contrary to the factual record

Factors that will guide the marlets this week

Factors that will guide the marlets this week

Rediff.com11 May 2025

The domestic stock market this week would monitor the geopolitical developments after India and Pakistan reached an understanding to stop military actions, analysts said. Moreover, macroeconomic data announcements, Q4 earnings, trading activity of foreign investors and global market trends are also likely to influence sentiments, traders said.

Chandrasekaran rules out leadership revamp at Tata Sons

Chandrasekaran rules out leadership revamp at Tata Sons

Rediff.com15 Sep 2021

Ratan Tata, the octogenarian chairman of Tata Trusts that have controlling stake in Tata Sons, separately said he was extremely disappointed over reports speculating a major revamp in the leadership structure at the group. "I would like to state that no leadership structural changes are on the anvil," Chandrasekaran said in a brief statement. The statement came in relation to a Bloomberg report that said Tata Sons was considering a "historic revamp of its leadership structure by creating a chief executive officer's role to help improve corporate governance."

ICPA defends AI171 pilots, slams suicide speculation

ICPA defends AI171 pilots, slams suicide speculation

Rediff.com13 Jul 2025

The Indian Commercial Pilots' Association (ICPA) defends the crew of the crashed AI 171 flight, rejecting insinuations of pilot suicide and calling for a fair investigation.

Not an issue of winning or losing: Ratan Tata on SC verdict

Not an issue of winning or losing: Ratan Tata on SC verdict

Rediff.com26 Mar 2021

Soon after the Supreme Court of India upheld all the appeals filed by the Tata group and set aside the order of the National Company Law Appellate Tribunal reinstating Cyrus Mistry as group chairman, Ratan Tata, chairman emeritus of Tata Sons and chairman of Tata Trusts, took to Twitter to share his views.

Rentals on rise: Robust office space demand set to benefit landowners

Rentals on rise: Robust office space demand set to benefit landowners

Rediff.com19 Aug 2025

Office space owners are looking at good times ahead as rentals are expected to rise due to demand for Grade A office spaces outpacing supply that has been sluggish due to construction delays, long gestation periods and developers' interests shifting to residential.

Tata, Nilekani, Kelkar join hands to help the poor

Tata, Nilekani, Kelkar join hands to help the poor

Rediff.com30 Aug 2016

The venture is applying to the Reserve Bank of India for approvals.

No Ratan Tata, no Chandra at Cyrus Mistry funeral

No Ratan Tata, no Chandra at Cyrus Mistry funeral

Rediff.com6 Sep 2022

A family priest performed the prayers as per Parsi tradition before the last rites.

Tata Sons hits out at Mistry; accuses him of betraying trust

Tata Sons hits out at Mistry; accuses him of betraying trust

Rediff.com10 Nov 2016

Tata Sons said dividend from 40-odd Tata Group firms had declined during Mistry's tenure while expenses had risen

Tatas to be India's first homegrown iPhone maker

Tatas to be India's first homegrown iPhone maker

Rediff.com27 Oct 2023

Tata Group is set to become India's first homegrown iPhone maker after Taiwan's Wistron Group agreed to sell a plant in Bengaluru to India's largest conglomerate. Wistron's board approved the sale of Wistron InfoComm Manufacturing (India) Private Ltd to Tata Electronics for $125 million, the Taiwanese electronics manufacturer said in a statement on Friday. The unit operates an iPhone assembly plant near Bengaluru.

The man who is caught in the crossfire between Tata and Mistry

The man who is caught in the crossfire between Tata and Mistry

Rediff.com28 Oct 2016

R Venkataramanan, the managing trustee of the Sir Dorabji Tata Trust who is responsible for all Tata-run trusts, prefers to keep a low profile but has emerged as a power centre in the group - with more clout than many established CEOs, says Dev Chatterjee.

Big boost for philanthropic activities from Ratan Tata

Big boost for philanthropic activities from Ratan Tata

Rediff.com22 Aug 2014

Last month, through Fruition, one of his biggest initiatives, 20 post-graduate research students enrolled at the Tata Centre for Technology & Design at Indian Institute of Technology (IIT) Bombay.

Cyrus Mistry sacked! Ratan Tata is interim chairman

Cyrus Mistry sacked! Ratan Tata is interim chairman

Rediff.com24 Oct 2016

It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows

Budget 2020: Tax changes for charitable trusts likely

Budget 2020: Tax changes for charitable trusts likely

Rediff.com13 Jan 2020

The new provision under the Income-Tax Act may enable the authorities to seize trustees' personal assets if there's a breach of objectives governing registered charitable trusts.

Gold Hits 1 Lakh: Hold, Buy or Sell?

Gold Hits 1 Lakh: Hold, Buy or Sell?

Rediff.com6 May 2025

'Investors' decisions should reflect their financial goals, risk tolerance, and the amount of gold already present in their portfolio.'

Must read! Cyrus Mistry's letter to Tata group

Must read! Cyrus Mistry's letter to Tata group

Rediff.com26 Oct 2016

Mistry calls sacking illegal, says wasn't given any freedom

Tata gifts Cornell University $ 50 million

Tata gifts Cornell University $ 50 million

Rediff.com20 Oct 2008

The gift from the Tata Trusts will allow Cornell to establish and expand partnerships with Indian scientists that build on its strength in applied agriculture research. The endowment will also be used to set up a scholarship fund to bring more Indian students, who may be discouraged by Cornell's price tag, to the university. The gift could eventually help support as many as 25 Indian undergraduate and graduate students at a time.

Tata Power, IIT Delhi to collaborate in clean energy space

Tata Power, IIT Delhi to collaborate in clean energy space

Rediff.com23 Oct 2021

Tata Power on Saturday said it has inked a pact with IIT Delhi to work together on clean energy and other projects that can be transformed from research and development level to pilot stage. Tata Power, one of India's largest private sector integrated utilities, and the Indian Institute of Technology (IIT) Delhi have signed a Memorandum of Understanding (MoU) to collaborate in areas like smart grid technology, clean energy solutions, a company statement said. Considering the large number of experts with their excellence in different fields in IIT Delhi and Tata Power, there is an immense potential to collaborate between academia, research and domain experts from business with a high transformational impact, it added.

Milind Rege, The Last of the Mohicans

Milind Rege, The Last of the Mohicans

Rediff.com20 Feb 2025

'He devoted his entire life for the betterment of Mumbai cricket and cricketers.' 'Even when he left for the Elysian Fields, he was in harness as mentor/advisor to the MCA.' Hemant Kenkre mourns the passing of Mumbai cricket icon Milind Rege.

Pandemic, a wake-up call for city planners: Tata

Pandemic, a wake-up call for city planners: Tata

Rediff.com21 Apr 2020

'High-value homes are designed and built on slum lands and slums are given residue. They do not have access to free air and live in close proximity of others.'

Ambanis, DLF, Tata set-up electoral trusts to fund elections

Ambanis, DLF, Tata set-up electoral trusts to fund elections

Rediff.com20 Mar 2015

These trusts are being registered under a new framework.

Tatas' $50-million gift to Harvard, largest from an international donor

Tatas' $50-million gift to Harvard, largest from an international donor

Rediff.com15 Oct 2010

In the largest gift from an international donor in Harvard Business School's 102-year-old history, Ratan Tata, chairman of the Tata Group, announced a $50 million gift to fund a new academic and residential building on the HBS campus in Boston.

Women Drive Used-Car Boom

Women Drive Used-Car Boom

Rediff.com9 Apr 2025

77 per cent of all transactions in the January-March 2025 period took place digitally, indicating continued preference for online car purchases.

Tata Sons AGM okays 1000% dividend payout

Tata Sons AGM okays 1000% dividend payout

Rediff.com24 Aug 2019

The higher dividend will help Tata Trusts, which owns 67 per cent stake in Tata Sons, to invest in its charitable activities. The total dividend outgo will be Rs 404 crore.