Low-profile Noel Tata succeeds Ratan Tata as head of Tata Trusts
Millennium Post Delhi|October 12, 2024
Noel Tata, 67, has officially taken over the reins of Tata Trusts, following the death of his half-brother Ratan Tata, who passed away on October 9 at the age of 86. Ratan Tata, the architect behind Tata Group's transformation into a global powerhouse, had long been considered the face of the conglomerate, whose businesses span over 100 countries with a collective revenue of $165 billion.
Low-profile Noel Tata succeeds Ratan Tata as head of Tata Trusts

Although Noel Tata was once considered a potential successor to lead Tata Sons—the holding company of the Tata Group—he saw his brother-in-law, Cyrus Mistry, take that role in 2012 when Ratan Tata retired. Now, Noel has stepped into one of the most crucial roles within the conglomerate as the head of Tata Trusts, which controls 66 per cent of Tata Sons Pvt Ltd.

>> Noel Tata is the son of Naval H Tata and Swiss businesswoman Simone H Tata

>> Noel Tata has been with the Tata Group for over 40 years

>> He holds key positions across various group companies including Trent, Tata International, and Voltas

>> Noel's childrenLeah, Maya, and Neville-are actively involved in Tata Group companies

Ratan Tata's leadership is credited with not only expanding the Tata Group's reach but also embedding it as one of India's most respected and trusted brands. From steering Tata Motors into international markets with the acquisition of Jaguar Land Rover to shaping Tata Consultancy Services (TCS) into a global IT services giant, his tenure was marked by bold, strategic moves that amplified Tata's global presence. The vast empire of Tata Sons is 65.9 per cent owned by Tata Trusts, 12.87 per cent by various Tata Group companies, and 18.4 per cent by the Mistry family.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MILLENNIUM POST DELHIView all
‘Waack Girls’ to premiere on November 22
Millennium Post Delhi

‘Waack Girls’ to premiere on November 22

The nine-episode series is a delightful medley of dance, drama, music, heartbreak and humour

time-read
1 min  |
November 15, 2024
Lady Gaga to guest star in 'Wednesday' S2
Millennium Post Delhi

Lady Gaga to guest star in 'Wednesday' S2

The pop star most recently starred in 'Joker: Folie a Deux' opposite Joaquin Phoenix

time-read
1 min  |
November 15, 2024
Arjun says Priyanka was 'out of their league' in 'Gunday'
Millennium Post Delhi

Arjun says Priyanka was 'out of their league' in 'Gunday'

'She did the film with us and we had the chance to work with Irrfan sir, who played the opposition force,' he says

time-read
1 min  |
November 15, 2024
Crazy on Crab: A delectable seafood experience
Millennium Post Delhi

Crazy on Crab: A delectable seafood experience

Eros Hotel, New Delhi, is thrilled to present ‘Crazy on Crab’, a seafood extravaganza that promises to delight crab enthusiasts from November 16 to November 24.

time-read
1 min  |
November 15, 2024
Sidhant feels 'honoured' to portray Pandit Jawaharlal Nehru
Millennium Post Delhi

Sidhant feels 'honoured' to portray Pandit Jawaharlal Nehru

He will be seen in 'Freedom at Night'

time-read
1 min  |
November 15, 2024
Disha is 'fascinated' by Japanese anime
Millennium Post Delhi

Disha is 'fascinated' by Japanese anime

The Bollywood actress has made her Tamil cinema debut with 'Kanguva'

time-read
1 min  |
November 15, 2024
Millennium Post Delhi

Sinner qualifies for semis at ATP Finals

Top-ranked Jannik Sinner became the first player to advance to the semifinals at the ATP Finals on Thursday.

time-read
1 min  |
November 15, 2024
Millennium Post Delhi

India's Japan Masters campaign ends

India's campaign came to a premature end as double Olympic medallist PV Sindhu crashed out in the pre-quarterfinals of the Kumamoto Masters Japan Super 500 badminton tournament here on Thursday.

time-read
1 min  |
November 15, 2024
Deepika scores 5 goals in India's massive 13-0 win over Thailand
Millennium Post Delhi

Deepika scores 5 goals in India's massive 13-0 win over Thailand

ACT WOMEN'S HOCKEY

time-read
2 mins  |
November 15, 2024
Focus on Rinku's form and batting position as India aim series win
Millennium Post Delhi

Focus on Rinku's form and batting position as India aim series win

Rinku who is one of the finest exponents of T20 has suddenly gone off boil recently

time-read
2 mins  |
November 15, 2024