Mumbai: In our country, the outbreak of the disease like corona is increasing gradually, it is slowly gaining momentum. On the other hand, if the condition of the whole world is seen, it can be ascertained that so far more than 25000 people have died. Keeping this in mind, Ratan Tata, the country's most senior industrialist, went ahead, understanding the responsibility of the corporate world in dealing with coronavirus. The 82-year-old Tata tweeted at 4:18 pm on Saturday evening that the Tata Trust would spend Rs 500 crore to try and strengthen the community. Two and a half hours later, at 6:48 pm, Tata Sons announced an additional help of Rs 1,000 crore by tweeting. The 151-year-old group has separate Tata group, Tata Sons and Tata Trust. The Tata group has more than 100 companies. The market capitalization of its 17 listed companies is Rs 9.20 lakh crore. The holding company of the Tata group is called Tata Sons. Tata Trust has a 66% stake in the same Tata Sons.
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Ratan Tata said, "Need to take immediate steps": According to the information received, Ratan Tata said in his tweet that the crisis of coronavirus is one of the biggest challenges of our generation. Tata Sons and Tata Group companies have been ahead of the country's needs in the past, but the current needs are the biggest compared to the needs of all times.
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The COVID 19 crisis is one of the toughest challenges we will face as a race. The Tata Trusts and the Tata group companies have in the past risen to the needs of the nation. At this moment, the need of the hour is greater than any other time. pic.twitter.com/y6jzHxUafM
Ratan N Tata March 28, 2020
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The amount of Tata Trust will be spent on these 5 works: -
1. For personal protective equipment of medical staff engaged in treating corona and preventing infection
2. To make the respiratory system available to patients suffering from corona
3. Testing kits so that maximum number of people can be screened.
4. In preparing better facilities for infected patients
5. To train and educate the health worker and general public
What has the second corporate done in the country so far?
Mukesh Ambani, Chairman (Reliance Industries): 5 crore rupees given in Maharashtra Chief Minister Relief Fund. Reliance Foundation in collaboration with BMC has set up a 100-bed center at Seven Hills Hospital in Mumbai for the treatment of Corona patients. Isolation center has also been built in Lodhiwali, Maharashtra.
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Anil Aggarwal, Chairman (Vedanta Resources): Announces Rs 100 crore help to fight coronavirus.
Anand Mahindra, Chairman (Mahindra Group): His company will make ventilators in its units so that ventilators are not reduced in the country. Mahindra has also proposed to open its own holiday company Club Mahindra for the care of patients. Mahindra will give 100% of his salary in Covid-19 fund. This fund has been created to help small industry and people working on daily wedges.
Pankaj M Munjal Chairman (Hero Cycles): Declaration of Rs 100 crore from the Emergency Fund of the company to deal with Coronavirus.
Bajaj Group: To improve health infrastructure, food and living arrangements have been announced to give 100 crores.
Vijay Shekhar Sharma, Founder-CEO (Paytm): His company will provide Rs 5 crore help to those who make ventilators and other essential items.
Parle: The company will distribute 30 million packets of biscuits in the next three weeks.
Good news from Madhya Pradesh, Corona patient of Gwalior is fine, will soon be discharged