Latest Tata Trusts News & Updates

Guwahati, July 10 (IANS) Assam Chief Minister, Himanta Biswa Sarma, on Friday announced that the state government will invest Rs 550 crore to introduce proton beam therapy for advanced cancer treatment at the Gauhati Medical College and Hospital (GMCH), making it one of the first government hospitals in the country to offer the cutting-edge healthcare facility.Speaking to reporters after Finance Minister Jayanta Mallabaruah presented the 2026-27 Assam Budget in the Assembly, Sarma said the ambit…

Guwahati, July 8 (IANS) Assam Chief Minister Himanta Biswa Sarma said on Wednesday that Mizoram has partnered with the Assam Cancer Care Foundation (ACCF), enabling cancer patients from the neighbouring state to receive cashless treatment at the foundation’s cancer hospitals across Assam under the Mizoram Universal Healthcare Scheme (MUHCS). Announcing the development in a post on social media platform X, the Chief Minister described the agreement as another major step in Assam’s emergence as a …

Mumbai, June 30 (IANS) Almost a week after announcing his decision to step down as chairman of Trent, Noel Tata on Tuesday said he will also relinquish the chairmanship of Tata Group company Voltas.Addressing shareholders at the cooling products maker’s 72nd annual general meeting (AGM) here, the 69-year-old said the meeting would be his last as chairman of the company, bringing to a close a leadership role he has held since 2017.”As you might be aware, this will be my last annual general meetin…

New Delhi, June 8 (IANS) Tata Trusts trustees are scheduled to meet on Monday to review presentations on some of Tata Group’s biggest loss-making and long-gestation businesses, including Air India and Tata Digital, according to multiple reports.The meeting assumes significance as it comes days ahead of a crucial Tata Sons board meeting scheduled for June 12, where governance, leadership and capital allocation issues are expected to come under discussion, according to them.In addition, presenta…

Mumbai, June 5 (IANS) Philanthropic organisation Tata Trusts on Friday rejected allegations about a 1989 share transfer by the Navajbai Ratan Tata Trust to the late Naval H. Tata, calling them unfounded and a malicious attempt to damage the reputation of the philanthropic institution and the Tata family.”Any suggestion of impropriety on the part of either the Sir Ratan Tata Trust, Navajbai Ratan Tata Trust, or any of the parties to the transaction is categorically denied. It is affirmed that the…

Mumbai, May 26 (IANS) A marathon board meeting of Tata Sons held at Bombay House in Mumbai on Tuesday focused extensively on the financial performance, future projections and strategic direction of several loss-making group businesses amid growing engagement between Tata Sons and Tata Trusts.The nearly six-and-a-half-hour meeting, which lasted from 10 a.m. to 4.30 p.m. with a lunch break in between, was described by sources as an “involved interaction” where several group CEOs made detailed …

Mumbai, May 26 (IANS) The board meeting of Tata Sons concluded on Tuesday amid heightened attention on the leadership of the conglomerate and concerns over the financial performance of several group businesses.Directors, including Noel Tata, arrived at the group’s headquarters, Bombay House, in the morning and left in the late afternoon after the meeting concluded.N Chandrasekaran did not comment on the discussions or any decisions taken during the meeting while leaving the South Mumbai headqu…

Mumbai, May 26 (IANS) The board meeting of Tata Sons began on Tuesday amid heightened focus on the leadership and financial performance of several loss-making group companies.Members of the Tata Sons board were seen arriving at Bombay House ahead of the meeting.Discussions are likely to centre around the performance of the conglomerate’s loss-making businesses and their future strategy.Moreover, individual companies are expected to make presentations on the state of their operations and the ro…

New Delhi, May 16 (IANS) The Maharashtra State Charity Commissioner has directed Tata Trusts to defer a key board meeting scheduled for Saturday, following complaints alleging violations in the composition of the board of trustees of Sir Ratan Tata Trust (SRTT).In a statement, Tata Trusts said the order was ex parte in nature and clarified that it applies only to SRTT.“The directions received from the Office of Charity Commissioner are being examined by the Sir Ratan Tata Trust,” the stateme…

New Delhi, May 11 (IANS) Tata Trusts Chairman Noel Tata has voted against the reappointment of Venu Srinivasan and Vijay Singh as trustees of the Tata Education and Development Trust (TEDT), according to multiple reports.Noel Tata reportedly has cast his vote, a day before the voting window was scheduled to close, confirming the outcome of the process.The reappointments required unanimous approval, which means the opposition effectively ended the possibility of both trustees securing another ter…