Ratan Tata, interim chairman of Tata Sons, voiced his support for the demonetisation efforts by the government. In his tweet, Tata said: “Demonetisation of old currency notes by the Modi government is a bold act that will wipe out black money and corruption. It deserves our support.“
This is the second time in the last few weeks that Tata has engaged with the public. The earlier one was on Saturday during the Global Citizen Festival where he pledged Rs.300 crore from Tata Trusts for water and sanitation in Maharashtra. Music band Coldplay performed in this festival as well. Tata Trusts owns festival as well. Tata Trusts ow two-thirds of Tata Sons and Ratan Tata continues to head it.
In the last one month Tata group has seen a rift between its former chairman Cyrus Mistry and the group which has led to one of the biggest battles seen in boardrooms of India Inc.
This is the second time in the last few weeks that Tata has engaged with the public. The earlier one was on Saturday during the Global Citizen Festival where he pledged Rs.300 crore from Tata Trusts for water and sanitation in Maharashtra. Music band Coldplay performed in this festival as well. Tata Trusts owns festival as well. Tata Trusts ow two-thirds of Tata Sons and Ratan Tata continues to head it.
In the last one month Tata group has seen a rift between its former chairman Cyrus Mistry and the group which has led to one of the biggest battles seen in boardrooms of India Inc.
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