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New York City, May 26, 2005 Ratan N. Tata, Group
Chairman, Tata Sons Ltd., 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 organizations 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 Ltd. "This event
not only celebrates our close ties within the U.S., 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, Mr. 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 organizations.
"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 centers, and scientific and cultural establishments
throughout India and Asia."
B'nai B'rith shares with the TATA Group a commitment to supporting
programs that offer community service and international relief. Proceeds from the gala
event will fund B'nai B'rith programs around the world, including the award-winning
Disaster-Relief program, 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. |