Page 5 - Tata Trusts

Rs 12,000-cr tax blow: I-T dept cancels registration of 6 Tata 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

Income tax registration of six Tata Trusts companies cancelled

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

Tata Trusts' run-in with authorities puts spotlight on how trusts are taxed

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

Shareholders of Tata Sons approve a proposal for 1000% dividend

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

Top 10 biz headlines: Suitors for RCom assets grow, FPI norms eased & more

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

IIT Kanpur plans to set up Rs 800 crore hospital, bolster medical research

Tata Trusts on board for preparing project report

N A Soonawala steps down from Tata Trusts citing his health, advanced age

Insiders said Soonawala played an important role in getting Noel Tata, half-brother of Ratan Tata, on the board of Tata Trust

Soonawala retires as trustee of Tata Trusts due to health reasons

A Tata group veteran, Soonawala is known to be a close confidant of group patriarch Ratan Tata

Tata Trusts' chief operations officer Harish Krishnaswamy resigns

The cluster of the charitable organisations announced series of top level changes at Tata Trusts after a board meeting

Tata Trusts inducts Noel, Jehangir; Managing Trustee Venkataramanan quits

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

Tata Trusts rejig likely, managing trustee Venkataramanan's role uncertain

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

Leadership move in Tata Trusts

It should remove apprehensions about an individual's or family's control over the Tata group

Tata Trusts appoints Vijay Singh, Venu Srinivasan as vice chairmen

Venu Srinivasan, a director on the board of Tata Sons, is the chairman of Sundaram-Clayton and TVS Motor Co

Tata Trusts may induct Noel as it looks to rejig composition, say sources

Besides fresh inductions, Tata Trusts, chaired by Ratan Tata, could even decide on a vice-chairman sometime soon

How Tata Trusts plans to take health care services to rural India's fringes

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

Succession planning at Tata Trusts: Firm may get its first vice-chairman

The exercise might reflect a continuity and cohesion between Tata Sons and Tata Trusts

Tata Trusts ties up with states to bring cancer care to smaller towns

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

Probe Tata Trusts over tax 'violations', says Parliamentary panel

It also accused Tata Educational and Development Trust of 'funnelling' tax-exempt public charity money outside the country to fund rich foreign universities

Tata Trusts' direct holding in group firms to shrink to Rs 1.8 billion

Tata Sons' Chairman N Chandrasekaran has been vocal about simplifying cross holding within group firms since he took over last February

Tata Trusts' MD moves HC against quashing of summons to Cyrus Mistry

A metropolitan magistrate's court had issued the summons in July 2017, directing Mistry and others to appear