Tata Trusts said amendment in the Maharashtra Public Trusts (Second) Amendment Act of 2025 is prospective in nature and does not affect the appointments of perpetual trustees made prior to its coming into force on September 1, 2025.
Independent MP Allegra Spender lists five trusts on her parliamentary register. She says she supports the Albanese government’s bid to make the system fairer.
Mehli Mistry defended his decision to oppose trustee reappointments ahead of the Tata Sons board meeting discussing governance and representation issues.
When Rebecca Rimel, president and CEO of the Philadelphia-based Pew Charitable Trusts, describes the challenges she faces running a $4.6 billion organization, she uses the same words one hears from leaders in the for-profit world: "highly strategic,"…