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After Mahindra's $10 mn, Tata donates $50 mn to Harvard  

By Arun Kumar
Washington, Oct 15- India's Tata Group has given America's prestigious Harvard Business School a $50 million donation, the largest gift the school has received from an international donor in its 102-year history.

Earlier this month Anand Mahindra, head of India's Mahindra Group, gave $10 million to Harvard where he earned his undergraduate and master's degrees.

The funds will be used to build a new academic and residential building on the school's campus in Boston. Harvard said it hopes to break ground for the building, which will be named Tata Hall, next spring.

Ratan Tata, chairman of Tata Sons Ltd. since 1991, attended the school's advanced management programme - one of three leadership programmes offered by the school's executive education programme-in 1975 and received its highest honour, the Alumni Achievement Award.

Harvard Business School dean Nitin Nohria hailed the "historic gift." Indian-born Nohria became the school's 10th dean earlier this year. He has said his focus will be on business ethics, a cause he has long championed, particularly during the financial crisis.......ians/NRIpress

Ratan Tata honoured with Global Indian award in Canada

Vancouver, May 16:

Tata Group chairman Ratan Tata was honoured with the Chanchlani Global Indian Award by the Canada India Foundation at the third annual gala here Saturday.

Tata has been given the award for his leadership, vision and professional excellence. The award carries a special cash prize of $225,000 and a citation.

Bestowing the honour on Tata, foundation chairman Ramesh Chotai said: "Mr. Tata exemplifies those qualities of the CIF Chanchlani Global Indian Award through his international business ventures, professional appeal, and philanthropic endeavours.''

The citation said: "On November 26, 2008, India as well as the entire civilized world was shocked by gruesome acts of terror in Mumbai that killed 173 people and wounding hundreds of others. One of the key targets of the attack was the landmark Taj Mahal Hotel, owned by the Tata Group. 'Mr. Tata's leadership in the aftermath of the terror attacks, particularly his commitment to the victims of the attack, has inspired people around the world.''

Aditya Jha, national convener of the Canada India Foundation, said the special cash award of Rs. $ 225,000 for Tata will ultimately go to the families of the victims.

Tata, who joined India's largest business conglomerate in 1962, replaced his predecessor JRD Tata, as chairman of Tata Sons, in 1991. Set up in 2008, the Canada India Foundation gives the Chanchlani Global Indian Award each year to recognise individuals who have demonstrated global leadership, vision and professional excellence, which has made people of Indian origin around the globe proud of their heritage.



Tata Group chairman      Ratan Tata