Charity commissioner seeks reply from Tata Trusts over trustees’ complaints
· LiveMint Companies, Business Today Mkts
In a letter sent to SDTT on Monday, along with copies of the complaints, the Charity Commissioner gave the trust until 12 October to reply, according to an executive familiar with the matter.
Key facts
- Dates in focus
- 12 October
The analysis
This is a Capacity / capex event. Capacity added into a soft cycle compresses returns for the whole sector; added into a tight one it is the cheapest growth available. The cycle position matters more than the announcement.