Ratan Tata Passes Away
Veteran industrialist and Tata Group leader Ratan Tata passes away in Mumbai. Known for his philanthropic efforts, the launch of the Nano car, student scholarships, and healthcare advancements, his legacy will always inspire the nation. Discover the 4 key reasons why India will forever cherish his memory.
Padma Vibhushan Ratan Tata was an example of philanthropy, the country will always remember him for these 4 reasons. Veteran industrialist and honorary head of Tata Sons Ratan Tata is no more. At Mumbai’s Breach Candy Hospital, he passed away. Ratan Tata not only took the Tata Group to great heights but also did many such historic works, due to which the world will always remember him. His contribution to the country will always be an example.
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During the Corona pandemic, our country was facing health crises. At that time, the Tata Group donated Rs 1500 crore to help the country. Tata Trust spokesperson Devashish Rai says that under normal circumstances, the trust spends about 1200 crores every year for charity.
Every common man in the country wishes to have a car. To fulfill this dream of the common man, Tata Motors launched Nano Car in 2008. The price of this car was kept at around 1 lakh.
Tata Group has always been at the forefront of helping students struggling with financial crises. The trust gives scholarships to such needy students. J.N. Tata Endowment, Sir Ratan Tata Scholarship, and Tata Scholarship are awarded to students.
Tata Education and Development Trust provided a Tata Scholarship Fund of $28 million so that Cornell University could provide financial assistance to graduate students of India. The annual scholarship helped about 20 students at a time.
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Tata Group companies and Tata Charities donated $50 million to Harvard Business School (HBS) in 2010 for the construction of an executive center.
He launched the Aga Khan Hospital and Medical College initiative in the 1970s, laying the groundwork for one of India’s top medical facilities.
The Tata Group loaned $950 million to the Indian Institute of Technology, Bombay in 2014 and created the Tata Centre for Technology and Design (TCTD). It was the largest donation ever received in the institute’s history.
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