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Tata
Sons chairman marks 60 years of Tata operations in the
United States and receives distinguished achievement
award from global human rights organisation
May 26, 2005
Ratan N Tata, Group chairman,
Tata Sons, one of India's oldest, largest and most respected
business conglomerates, marked the 60th anniversary
of the Group as an incorporated company in the United
States at a gala celebration in New York city. The event,
which brought together senior leaders from Fortune 500
organisations as well as leaders of Tata Group companies
from around the world, offered a unique glimpse into
the broader Tata story for a predominantly U.S. audience.
"Tata has had a long a celebrated
history of close relations with the United States, ever
since our founder, Mr Jamsetji Tata, requested the assistance
of an American, Mr Charles Page Perin, to support him
in developing the first steel plant within India,"
said Mr Ratan N Tata, Group chairman, Tata Sons. "This
event not only celebrates our close ties within the
US, it also stands as an example of the strong relations
India has had with the United States over the years."
During his trip to New York,
Ratan N Tata was also the proud recipient of the prestigious
International Distinguished Achievement Award from B'nai
B'rith International, one the world's oldest and largest
human rights, community action and humanitarian organisations.
"Tata Sons, along with other
Tata companies, represents the best in corporate philanthropy,
and together present an inspiring story of a group that
has created wealth for a nation, holding 63 percent
of its revenue in the Tata Philanthropic Trusts,"
said B'nai B'rith officials upon bestowing the award
to Mr Tata. "These trusts have sponsored and promoted
a number of public institutions including hospitals,
education and research centres, and scientific and cultural
establishments throughout India and Asia."
B'nai B'rith shares with the
Tata Group a commitment to supporting programmes that
offer community service and international relief. Proceeds
from the gala event will fund B'nai B'rith programmes
around the world, including the award-winning disaster-relief
programme, a global initiative that provides financial
assistance to restore areas that have been affected
by natural devastation, including the tsunami-devastated
areas of Southeast Asia.
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