to instantly read 150+ free stories & 250-word summaries of all our stories

North Star

A trust deficit at Tata Trusts

India’s largest and oldest charity is in the midst of a crisis. With the taxman knocking on its door and a leadership churn to boot, what went wrong?

10/01/20

Ruhi Kandhari

Tata Trusts, the oldest and largest Indian charity-lost its tax exemption registration in October 2019

Over the last five years, the Trust had shifted from a cheque-writing philanthropy to investing in and directly implementing projects like cancer care hospitals

Not only has Tata Trusts lost its registration, in 2019, it has been without dedicated leadership since its managing trustee and COO left in February

Where does the unusual charity that holds the majority stake in Tata Sons—that earned $111 billion in the last financial year—stand now?

eyes-1283163_1280.jpg

Want to read a free 200 word summary?

Tata Trusts—India’s largest and oldest charity—currently finds itself all at sea. In October 2019, India’s income tax (I-T) department cancelled the tax-exempt charitable trust registrations of the six trusts it houses.

Read the full story. Subscribe now.

Also read our exhaustive coverage about Future of Retail, Ride Sharing and Oyo

Why subscribe? Let us explain.

Already Registered?

Related stories

More stories in /Data Stories & /Reportage

See all in Reportage & Startups

This story is for subscribers only.
or

Read the full story. Subscribe now.

Also read our exhaustive coverage about Future of Retail, Ride Sharing and Oyo

Why subscribe? Let us explain.

The selected story is available only for paid subscribers. Might want to change your mind!

Subscribe now

Already Registered?

Questions?

What is The Ken?

The Ken is a subscription-driven media site. We write one story a day (weekdays only). These stories have sharp, original insights on technology, business, science and healthcare from India.

Why do I have to sign up to read your stories?

Our stories are not free. Well, some select stories are. But, a significant part of what we write at The Ken is for subscribers only. We put in a lot of effort and resources in writing our stories and believe that you must pay for good journalism.
Hence, our three plans. 1) The annual membership
2) The free sign up
3) The recurring quarterly subscription

On journalism and why you should pay for it, if you haven’t already seen it, here’s a great explainer from John Oliver.

So, one must pay for journalism?

Yes.

How many stories will I get if I take an annual membership?

895+ stories.

And, in the free sign up?

Four stories every month.

Do I get a refund?

We allow you to sample our journalism for free before signing up, and after you do, we stand by its quality. But we do not offer refunds.

I am not getting my daily emails. Do I have to whitelist emails from The Ken?

An added benefit of your subscription (free/paid) are the daily personalised emails. These emails, at times, might end up in your spam/junk folder due to emojis, attachments or images. In case you’re not receiving these emails, it might help to whitelist us. If the problem still persists, write to us at [email protected].

Why am I unable to access the archives?

Full and unrestricted access to our archives is a feature of our annual membership.

My payment is not going through, what can I do?

Please write to us at [email protected] detailing the payment error or queries.

See all FAQs

    See all results for Ken

    No results found for Ken.