TRUSTS
Feeling 'been there, donor that?' Lessons on CSR longevity from Tata Education Trusts
Tata Education Trusts resumed grants to TISS, addressing issues like dependency and self-sufficiency. With examples like Stanford University's shift to diverse funding, the need for smooth donor transitions is crucial. ₹15,600 cr in CSR funds highlights the importance of execution capabilities and accountability in ensuring effective impact engagement in the social sector.
Sebi chief Madhabi Buch urges investors to identify mischief makers in the market
Recalling her own experience as an industry participant, Buch said it is "frustrating" for the law-abiding participant when he or she discovers an industry peer gaining using bad practices.
UK Elections: Can exit polls be trusted? How accurate are they?
Exit poll predictions for an election are made after the last vote has been cast. It is natural to suspects it’s accuracy, especially when they are released immediately after the elections have concluded. In the UK, it has been found that the exit poll predictions have been accurate so far. The exit polls have now predicted a comprehensive victory for the Labour Party in the elections which have just concluded.
Ratan Tata launches Tata Trusts Small Animal Hospital in Mumbai: Here’s how you can book an appointment
The much-anticipated day has finally come! Ratan Tata has officially inaugurated his long-cherished 'pet project,' the Tata Trusts Small Animal Hospital. Located in Mumbai's Mahalaxmi area, the hospital is dedicated to caring for both stray and domesticated dogs, cats, and birds.
Ratan Tata prevents mass firing of 115 TISS staff, provides financial grants
Ratan Tata has emerged as a savior for TISS employees. Recently, the prestigious Tata Institute of Social Sciences laid off 115 staff members. However, this decision was quickly reversed after Tata, chairman of the Tata Education Trust, offered to extend financial grants.
The Warren Buffett Legacy: What's next for his billions?
Warren Buffett, chairman of Berkshire Hathaway, has revised his will to redirect his considerable fortune away from the Bill & Melinda Gates Foundation posthumously. Instead, Buffett plans to allocate his wealth to a new charitable trust managed by his three children, expressing confidence in their values and ability to distribute the funds effectively. This decision marks a significant shift from previous plans where the Gates Foundation and family-related charities were primary beneficiaries of over 99% of his estate.
Trust Mutual Fund files draft document with Sebi for small cap fund
Targeting long-term growth, this new scheme primarily invests in small-cap equities, benchmarked against Nifty Smallcap 250 TRI. Mihir Vora and Aakash Manghani will manage the portfolio.
US-India held frank talks on Delhi's defence tech ties with Russia, says US Dy Secy of State Campbell
US Deputy Secretary of State Kurt Campbell emphasized the importance of frank dialogue with India regarding New Delhi's ties with Russia, particularly in the technology sector, including defense. Despite US concerns about potential technology leakage to Russia due to India's use of Russian defense equipment, Campbell expressed trust and confidence in India's capabilities. He noted that while there are disagreements, both countries maintain respectful discussions. Campbell also highlighted discussions on the Quad initiative during recent meetings between US National Security Advisor Jake Sullivan and India's NSA Ajit Doval, affirming strong commitment to hold the Quad summit by year-end.
NHAI InviT head Suresh Goyal to quit
Prior to joining NHAI InvIT, Goyal was the Head of Macquarie Infrastructure and Real Assets for South East Asia & India region. Under Goyal, Macquarie Group had won the rights to manage 648km of national highways by bidding Rs 9,682 crore in an auction National Highway Authority of India (NHAI) in 2018.
Bandhan Employees' Welfare Trust to move court following allegation against Chandra Shekhar Ghosh
Bandhan Employees' Welfare Trust, managed independently by employees, faces baseless allegations. Trust members seek explanations on financial matters, with legal action initiated against disruptors. The Trust aims to resolve disputes through legal channels for a fair outcome.
India launches trusted traveller programme for faster immigration
Home minister Amit Shah inaugurated the Fast Track Immigration-Trusted Traveller Programme (FTI-TTP) at the Indira Gandhi International Airport in Delhi. This facility will be available free of cost for all passengers, Shah said.
'I trusted him. He trusted me.' Brown and Tatum answered critics while leading Celtics to 18th title
When Jaylen Brown and Jayson Tatum were drafted third overall in back-to-back years in 2016 and 2017, they were almost instantly branded with the hopes of a franchise that was desperately chasing its elusive 18th championship. Along the way they've endured criticism about their individual play and questions about whether two players with similar skillsets could co-exist.
NHAI to monetise assets with Rs 15000 to Rs 20000 crore in 2024-25 through InvIT
The National Highways Infra Trust (NHIT), its infrastructure investment trust formed in October 2020, has so far garnered Rs 26,125 crore in three rounds of monetisation with the per unit net asset value at Rs 124.75 as against the launched value of Rs 101 per unit in November 2021.
Should you buy REITs when multibagger realty stocks seem unstoppable?
Experts recommend considering REITs alongside multibagger realty stocks due to rising demand for office space. SEBI's regulations have made REITs more accessible to retail investors, boosting market liquidity.
Toyota Kirloskar Motor looks to expand used car biz across key cities
Toyota Kirloskar Motor aims to expand its used car business in key cities with the inauguration of the first Toyota Used Car Outlet (TUCO) in New Delhi, targeting the growing Indian used car market.
The rising importance of the chief trust officer
Businesses are emphasizing trust by appointing a Chief Trust Officer (CTrO) to oversee trust-building initiatives. This role involves assessing trust levels within and outside the organisation, focusing on domains like corporate culture, compliance, and customer experience.
Can you transfer EPF account from unexempted trust to EPFO, exempted trust?
EPF account transfer from unexempted trust: Many salaried individual have Employees' Provident Fund account either with EPFO or exempted trusts. However, what if you have an EPF account with unexempted trusts? Does EPF scheme rules allow an EPF member to transfer the unexempted trusts to EPFO or exempted trusts? Read on to know about it.
CEA Nageswaran calls on industry to reciprocate deregulation efforts
Flagging reports of Indian automobiles failing safety standards, and of misleading labelling on food products, Chief economic adviser V Anantha Nageswaran said the industry has to make a compact with society as well.
Load More
