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GMA Network
28-06-2025
- General
- GMA Network
DSWD: Reselling of disaster relief packs against the law
The Department of Social Welfare and Development (DSWD) warned against the repackaging and reselling of relief items for disaster response, such as ready-to-eat food (RTEF) boxes. DSWD-National Resource and Logistics Management Bureau (NRLMB) Officer-In-Charge and Special Assistant to the Secretary (SAS) Leo Quintilla said that the RTEFs and family food packs (FFPs) are reserved for victims of calamities and emergencies. 'Ito ang mga bawal: pagbenta at pagbili, bawal ang pag repack, pagpalit na laman—hindi pwedeng palitan ang laman. Violation ito sa RA 10121… These are distributed free of charge by the DSWD or through local government units (LGUs) to ensure that basic needs are met in times of crisis," Quantilla said in a radio interview. (These are what's not allowed: reselling and purchasing, repacking isn't allowed, replacing the items—you cannot replace what is in the box. This is a violation of RA 10121… These are distributed free of charge by the DSWD or through local government units (LGUs) to ensure that basic needs are met in times of crisis.) "Pwede kang kasuhan kapag nilabag mo ang mga ito,' she added. (You may face charges if you violate any of these.) Other acts prohibited by RA10121 are as follows: Misdelivering goods or aid to persons other than the rightful recipient Accepting, possessing, using or disposing goods or aid without being the rightful recipient Misrepresenting the source of goods or aid by covering, replacing or defacing labels to appear as if it came from another agency or person Repacking goods or aid to containers with different markings from another agency or person DSWD also shared that each RTEF box included the following: Five cans of tuna paella One can of chicken pastil One can of giniling Two packs of arroz caldo Three packs of champorado Two protein biscuits One complementary food for infants 'What is important also is nandito na sa box yung content o anong laman. Alam ng tao anong laman, dapat pagbukas ng tao ay ito ang mga laman ng RTEF box,' she said. (What is important also is that the content is already listed on the box. The people know what is inside, so when they open the RTEF box, it should be there.)——Jiselle Anne Casucian/ VAL, GMA Integrated News
Time of India
18-06-2025
- Business
- Time of India
RNT's shares in Tata & other cos to go to his foundations
Ratan Tata MUMBAI: The Bombay high court has clarified that Ratan Tata's holdings in listed and unlisted companies will go to his two foundations and not to his half-sisters and former confidant Mohini Dutta. The clarification comes after executors of Tata's estate sought guidance from the HC on who would inherit the late industrialist's equity portfolio. The June 16 order now paves the way for the probate of Tata's will, which is expected in a month. While there was no dispute among the executors, some of them are also beneficiaries, and other heirs of Tata's estate, originating summons were filed to address questions stemming from the effect of the fourth or final codicil on Tata's will, the HC said in its June 16 order. The question at hand was whether Tata's share portfoshares, valued at Rs 1,684 crore, have been explicitly mentioned in his will as being bequeathed to RTEF and RTET in a 70:30 ratio. The clarification is on his non-Tata Sons shares, worth over Rs 1,547 crore, which will now go to the two foundations in a 50:50 ratio. His non-Tata Sons shares include TCS, Tata Motors, Tata Investments, RNT Associates, Pritish Nandy Communications, as well as startups like Curefit, Avanti Finance and Electrodrive Powertrain Solutions (Electra EV). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo Additionally, he held foreign shares in Howmet Aerospace and Alcoa Corp, both listed on the NYSE. Some of his investments have seen significant growth over the years. For example, his Rs 16.9 crore investment in Avanti Finance, a company he co-founded with economist Vijay Kelkar and Infosys chairman Nandan Nilekani in 2016, has grown to Rs 53.5 crore as of Sept 2024. lio will stand bequeathed according to clauses 4 to 8 of his will to half-sisters Shireen and Deanna Jejeebhoy, and Dutta, or whether it will be part of his residue asset and go to his two foundations, Ratan Tata Endowment Foundation (RTEF) and Ratan Tata Endowment Trust (RTET), as outlined in clause 13 of his will as substituted by the fourth codicil. The Jejeebhoy sisters are both among the executors and beneficiaries of Tata's estate. The order pointed out that a testator can introduce alterations to his will through codicils and past Supreme Court judgments have established that codicils will prevail over the will. Therefore, Tata's will has to be considered with alterations/additions made in the codicils. Justice Manish Pitale said Tata's holdings in listed and unlisted shares, not specifically covered in his will, form part of his residue asset and stand bequeathed to his two foundations in equal shares. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
