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Business News/ Companies / Need To Know | IHCL sets up trust for Mumbai terror victims
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Need To Know | IHCL sets up trust for Mumbai terror victims

Need To Know | IHCL sets up trust for Mumbai terror victims

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New Delhi: Owners of the Taj chain of hotels, Indian Hotels Co. Ltd (IHCL) has set up a trust to provide relief to victims of last month’s terror attacks in Mumbai. Taj Mahal Palace and Tower in Mumbai was one of the targets of the terror attacks in which at least 183 people were killed.

Taj Public Service Welfare Trust will offer help to the families of all those killed, “be it the general public, the security forces, employees of the Taj or employees of other establishments", a statement said on Sunday.

“Besides IHCL, the Sir Dorab Tata Trust and the Sir Ratan Tata Trust have committed a significant initial contribution to the trust," it added.

Ratan Tata, head of the Tata group, will be on the board of the trust.

— Staff Writer

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WB govt issues notices to airport land encrochers

Kolkata: The government in West Bengal has been issuing legal notices to some 19,000 land owners in Andal, about 200km from Kolkata, for acquiring 2,360 acres of land on which a private developer, Bengal Aerotropolis Projects Ltd (BAPL), plans to construct an airport and a township.

The acquisition of land for industry has been a contentious issue in the country and earlier this year the state government got a major black eye when it lost Tata Motors Ltd’s high profile Nano factory to Gujarat.

BAPL, however, says it has come up with an inclusive compensation scheme.

Meanwhile, state-owned Coal India Ltd (CIL) has objected to the project. The company is fearing that the state government would seize 350 acres leased out to Eastern Coalfields Ltd, a CIL subsidiary, for the project. “It’s going to result in immediate loss of 500,000 tonnes of high grade coal," P.S. Bhattacharya, chairman CIL, said.

— Aniek Paul and Romita Datta

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Published: 14 Dec 2008, 11:33 PM IST
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