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Controversy Erupts Over Beneficiary of Ratan Tata’s Will

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The recent will of the late industrialist Ratan Tata has taken those close to him by surprise, as it bequeaths over Rs 500 crore to a relatively unknown 74-year-old entrepreneur from Jamshedpur, Mohini Mohan Dutta. The situation escalated when Dutta claimed to be Tata’s adopted son, even though the will and its codicil state that Ratan Tata never married or adopted any children.

According to the will, Dutta will inherit one-third of Tata’s residual estate, which includes bank deposits exceeding Rs 350 crore and proceeds from the auction of personal items such as paintings and watches. The remaining two-thirds will go to Tata’s half-sisters, Shireen and Deanna Jejeebhoy, who also serve as executors of his estate following his passing in October 2024. Additionally, trustees of Tata Trusts, Darius Khambata and Mehli Mistry, will fulfill the role of executors as well.

Ratan Tata’s primary holdings, which include shares in Tata and various other companies, have been allocated to two foundations: the Ratan Tata Endowment Foundation and the Ratan Tata Endowment Trust. Notably, family members such as his half-brother Noel Tata and his children are not mentioned in the will, and his brother Jimmy Tata received a mere Rs 50 crore compared to Dutta’s more substantial inheritance.

The distribution of Ratan Tata’s assets will commence only after the will is verified and certified by the High Court, a process that may take about six months.

Mohini Mohan Dutta’s journey with Ratan Tata began 60 years ago in Jamshedpur, where their long-standing relationship led to several professional endorsements from Tata throughout his career. Dutta reminisced about their first meeting at the Dealers’ Hostel when Tata was 24, stating, “He helped me out and really built me up.” Dutta was later invited to celebrate Tata’s birthday at the National Centre for Performing Arts (NCPA) in Mumbai in December 2024.

Dutta started his career with Taj and later established the Stallion Travel Agency, which Tata Industries supported. This agency subsequently merged with Taj’s travel division and was acquired by Tata Capital, ultimately being sold to Thomas Cook (India). Currently, Dutta serves as a director at TC Travel Services. He has also received shares from Tata Group companies, including those related to the upcoming IPO of Tata Capital.

Interestingly, one of Dutta’s two daughters worked at Tata Trusts for nine years and had previously been employed at Taj Hotels.

In his later years, Ratan Tata founded the Ratan Tata Endowment Foundation and Ratan Tata Endowment Trust to secure a substantial portion of his assets. He reportedly held a direct 0.83% stake in Tata Sons, the holding company of the Tata Group, with an estimated net worth of around Rs 8,000 crore. However, his actual wealth may be significantly higher due to his ownership of luxury assets, including a collection of high-end cars like Ferrari and Maserati, valuable art pieces, shares in startups, and other investments.

RNT Associates, Ratan Tata’s personal investment vehicle, reportedly held investments worth Rs 186 crore as of FY23. It’s important to note that these investments are recorded at their initial acquisition cost, and their current market value could have appreciated considerably.

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MBBS Student Alleges She Was Drugged, Raped by Friend in Delhi Hotel

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New Delhi: An 18-year-old MBBS student has accused a 20-year-old male friend of drugging and sexually assaulting her at a hotel in Delhi’s Adarsh Nagar area. The alleged incident took place on September 9, police officials said.

According to the complaint, the accused, who is also a medical student, invited the woman to “Hotel Apple” on the pretext of spending time together. Once there, he allegedly gave her a drink laced with drugs and then raped her.

The survivor told police that the accused recorded obscene videos and took pictures during the assault. He later threatened to make the content viral if she reported the incident.

The woman, a native of Jind in Haryana, is currently staying at the hostel of Baba Saheb Ambedkar Medical College in Rohini, Delhi.

Based on her complaint, police have registered a case under relevant sections of the Indian Penal Code. A search is underway to locate and arrest the accused, officials added.

In a separate case earlier this month, a school manager in Uttar Pradesh was arrested for allegedly raping a Class 8 student. In February, a tuition teacher in Delhi’s CR Park area was accused of repeatedly raping a 15-year-old student over three years and threatening her with blackmail.

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8 Patients Dead In Jaipur Hospital Fire

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Jaipur: Eight patients died after a fire broke out at the trauma centre of the state-run Sawai Man Singh (SMS) Hospital in Jaipur late Sunday night.

Officials said the blaze started in the storage area of the Neuro ICU, possibly due to a short circuit. There were 11 patients in the ICU at the time. Smoke quickly spread, causing panic among patients and staff.

Hospital workers and attendants tried to rescue patients, even moving them out on their beds. Firefighters controlled the blaze in about two hours.

Families of the victims alleged that hospital staff ignored early warnings about smoke and fled during the fire.

Chief Minister Bhajanlal Sharma and other ministers visited the hospital to review the situation and assured a detailed probe into the incident.

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75-Year-Old Man Marries 35-Year-Old, Dies Before Honeymoon

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Uttar Pradesh: A 75-year-old man who remarried in search of companionship died barely hours after his wedding, sparking shock and speculation in his village.

The deceased, identified as Sangruram, a resident of Kuchhmuchh village in Jaunpur district, had been living alone after losing his first wife a year ago. With no children, he supported himself through farming. Despite advice from relatives against remarriage, Sangruram wed 35-year-old Manbhavati, a resident of Jalalpur area, on Monday, September 29.

The marriage was first registered in court, followed by traditional rituals at a local temple. According to Manbhavati, the couple spent most of the wedding night conversing, as Sangruram assured her that she would take responsibility for the household while he would “take care of the children.”

However, by the next morning, his health deteriorated suddenly. He was rushed to hospital, where doctors declared him dead.

The unexpected death has triggered varied reactions in the village. While some residents believe it to be a natural occurrence given his age, others have expressed suspicion about the circumstances.

Relatives, including nephews residing in Delhi, have halted funeral rites until their arrival. They have also raised questions about whether a police inquiry or post-mortem examination will be conducted before the cremation.

Authorities have yet to issue an official statement regarding further investigation.

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