MUMBAI/NEW DELHI: Following public backlash over a video showing Air India SATS executives partying in their Gurugram office shortly after the June 12 Air India flight 171 crash, Tata Group has taken disciplinary action against several people.Four senior officials were suspended from Air India SATS, while multiple others were issued a warning, the company said…
Tatas to bear medical costs of injured too Tata Group Friday reiterated its commitment to provide Rs 1 crore as compensation to families of each person killed in the AI-171 crash – including not only passengers and crew but also doctors and individuals on ground at the time of the crash. The conglomerate will also…
IMA to Tatas: Hand payouts to kin of med college victims too AHMEDABAD: The Gujarat chapter of the Indian Medical Association on Friday wrote to Tata Sons chairman N Chandrasekaran demanding similar compensation for medical students killed and injured in the Air India flight crash as has been announced for the passengers on board the…
“…Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back”. John Maynard Keynes said that. Keynes was British, and possibly the world’s most famous economist ever. He was also the man “who saved capitalism from itself”. It was his idea that govts can…
The distribution of Ratan Tata’s assets will commence after the will undergoes probate. Noel Tata, who chairs Tata Trusts, has joined the Ratan Tata Endowment Trust (RTET) board alongside Shireen and Deanna Jejeebhoy, who are half-sisters of late Ratan Tata. The existing trustees, Pramit Jhaveri and Darius Khambata, made these appointments, according to sources.The Trust…
MUMBAI: Tata Group, India’s largest conglomerate, is set to expand its presence in healthcare through a Rs 500-crore contribution to Breach Candy Hospital, a move that will bring the elite 275-bed multi-speciality SoBo hospital within its ambit of influence.The funding will position the $165-bn Tata Group as the hospital’s largest financial backer, enabling it to…
Mohini Mohan Dutta’s professional journey began with the Taj Group, followed by establishing Stallion Travel Agency. Who is Mohini Mohan Dutta? That’s the question that everyone is asking after late Ratan Tata’s will was unsealed. The recent revelation of Ratan Tata‘s will has caused considerable surprise. Amongst the anticipated recipients and charitable allocations, the inclusion…
In 2022, Ratan Tata established two entities to manage his personal wealth: the RTEF under Section 8 of the Companies Act 2013 and the Ratan Tata Endowment Trust. In light of uncertainty regarding trustee appointments to the Ratan Tata Endowment Foundation (RTEF), Tata stakeholders are considering opting for an arbitrator. A retired Supreme Court chief…