News
Ratan Tata Leaves Special Fortune In His Will For His Beloved Dog Tito
The late Indian billionaire Ratan Tata has made headlines with his unique decision to include his beloved dog,
Tito, as a beneficiary in his Rs 10,000 crore will. Tata, who passed away at the age of 86 on October 9, showed his deep affection for Tito, whom he adopted nearly six years ago.
According to the provisions outlined in his will, Tito is set to receive “unlimited” care throughout his life, under the attentive supervision of Tata’s trusted cook, Rajan Shaw.
Shaw has been dedicated to catering to Tito’s needs and will continue to ensure that the dog receives the best possible care.
While Tito will be well taken care of, the primary recipient of Tata’s substantial fortune is the Ratan Tata Endowment Foundation, which he established in 2022.
The foundation aims to further Tata’s philanthropic vision and will inherit significant stakes in various companies.
Chandrasekaran, Tata’s son and the current chairman of the Ratan Tata Endowment Foundation, is expected to steer the foundation’s activities, aligning them with his father’s values and ideals.
Family members, including Tata’s brother Jimmy and half-sisters Shireen and Deanna Jejeebhoy, are also beneficiaries of the will, as are Tata’s long-time staff members, who played an essential role in his personal life.
Notably, Shantanu Naidu, Tata’s confidant and executive assistant, is included in the will as well.
Tata had reportedly forgiven a personal loan to Naidu and relinquished his stake in Naidu’s companionship startup, Goodfellows, which reflects his supportive nature and belief in his friend’s entrepreneurial ventures.
Another intriguing aspect of Tata’s will is his extensive car collection, which consists of 20 to 30 luxury vehicles housed at his Colaba home.
Decisions regarding these cars are still under consideration, with options ranging from auctioning them off to potentially setting up a public display as a tribute to Tata’s remarkable life and contributions.
Currently, the will is pending probate at the Bombay High Court, where it awaits legal confirmation.
Once approved, Tata’s wishes—encompassing both his philanthropic goals and his commitment to Tito’s care—will be honoured in full, ensuring that his legacy lives on.
News
Isaac Fayose Criticizes Government Over Taxation and Insecurity
Nigerian businessman Isaac Fayose has spoken about what he considers one of the country’s biggest problems, stating that many Nigerians are worried about government taxation, insecurity, and the increasing rate of kidnappings for ransom.
He lamented the situation and criticized the government, arguing that these issues have become deeply rooted and that there appears to be no lasting solution in sight.
According to him “In Nigeria we have two governments. One is collecting tax, the other one is collecting ransom. Both of them have one thing in common which is to make life difficult for their people.
The one that is collecting tax without doing anything will come and share you rice and semolina. The one that is collecting ransom is doing giveaway on social media.”
News
Concern Grows Over Rising Insecurity Following Kwara Abduction Case
It was reported that bandits were seen in Kwara State and abducted six residents from Rukpete Village.
The incident was reported to have occurred on June 8 at about 11 p.m.
Sources revealed that seven people were initially taken, but an elderly man was later released, leaving six victims in captivity.
The rising cases of insecurity in the country remain quite alarming.
News
Panic as Bandit Rumours Spark School Safety Concerns in Abuja
The state of the country is affecting many people, as they believe nowhere is safe, including schools where they keep their children.
It has been reported that some parents have started withdrawing their children from schools in Abuja.
It can be noted that rumours of bandits being sighted near a school triggered panic, causing parents to hurriedly remove their children for safety.
While the reports of bandits have not been confirmed, the school has also issued safety measures to ensure the protection of students within the premises.
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