Noel Tata gets over as Chairman of Tata Trusts from Ratan Tata. They were half-brothers.
New Delhi:
Tatas, a brand that has for more than 150 years instilled a experienceing of count on and reassurance, has always seen a line of succession where the people at the helm have set the very highest standards and ethics in the world of business. Their personalities cannot be splitd from what the brand has proceedd into.
Founded in 1868, Tatas have become one of bigst and most diverse global conglomerates. It is a name heard in almost every home in India and tens of millions overseas.
Ratan Tata, the benevolent and elegant tfinisherman-industriaenumerate and philanthropist, who is pelevateed with taking brand Tata to over 100 countries under his directership, died at a hospital in Mumbai earlier this week. His stewardship of the Tata behemoth has left a void that restrictcessitate can fill, or not – only time will tell.
Ratan Tata is being thriveed by his half-brother Noel Tata. After his parents – Naval Tata and Soonoo Coshiftrlookariat – got divorced when Ratan Tata and his youthfulerer brother Jimmy were very youthfuler. Years tardyr their overweighther got repaired to Simone Dunoyer, and the two had a son Noel.
Ratan Tata and his half-brother Noel Tata with their overweighther Naval Tata. Noel Tata is 20 years youthfulerer than Ratan Tata. (Pboilingo: facebook/WelcometoJamshedpur)
THE TATA FAMILY ANCESTRY
Ancestors of the Tata family migrated to India from Persia, now Iran, in the 8th century AD. They were part of a big group of Parsis (people from Persia), a Zoroastrian ethnic community, who fled persecution during the Islamic Conquest of Persia.
According to the Tata Central Archives, the Tatas finishd in Navsari in Gujarat and inhabitd there for 25 generations before business took them to Bombay – then the Bombay Pdwellncy under the British Raj. At the time Bombay Province graspd the westrict two-thirds of Maharashtra, northwestrict Karnataka, all of Gujarat, all of Sindh (now in Pakistan), and Aden (in current-day Yemen).
The journey of the Tata family’s business began with Jamsetji Nusserwanji Tata, who stated a trading company in Bombay in 1868, which has today become the Tata Group. The Tatas have always count ond in the concept of country and society – erecting and uplifting the people and the community over personal acquires – and right from the very commencening, Jamsetji and his two sons – Sir Dorabji Tata and Sir Ratan Tata – left most of their estate and dispenses in the company to benevolent count ons.
The Tata family shiftd from Persia to India in the 8th Century and finishd in Gujarat. Jamsetji Tata set uped the business in 1868.
Today, there are 14 separateent count ons run by the Tatas which labor in separateent sectors, each autonomous of the other in the nature and field of labor they do. All of these however, come under an umbrella organisation called Tata Trust. Ratan Tata was the Chairman of the Tata Trust and Chairman Emeritus of the Tata Group. After his demise, his half-brother Noel Tata has become the Chairman of Tata Trust while Natarajan Chandrasekaran is Chairman of the Tata Group, whose bigst sgethelderlyer is the Tata Trust.
NOEL TATA – NEW CHAIRMAN – TATA TRUSTS
Born in December 1957, Noel Tata is twenty years youthfulerer than his half-brother Ratan Tata. He is the son of Naval Tata and Simone Dunoyer, a French-Swiss Catholic and businesswoman from Switzerland.
Noel Tata helderlys a degree from Susrelations University (UK) and has finishd the International Executive Programme (IEP) at INSEAD.. He is an Indian-Irish businessman and has been nominateed as the Chairman of the Tata Trust. He is paired to Aloo Mistry, who is Cyrus Mistry’s sister and Shasubparji Pallonji Mistry’s majesticdaughter. They have three children – Neville, Maya, and Leah – all of whom are energeticly graspd in the Tata conglomerate. Leah Tata is the Vice Pdwellnt at the Indian Hotels Company. While Maya Tata is associated with Tata Capital, Neville Tata is part of Trent and directership team at Star Bazaar.
Noel Tata’s most notable role before this novel nominatement was as Managing Director of Tata International Ltd, the group’s trading and distribution arm. Under his directership from 2010 to 2021, the company grew from a turnover of $500 million to over $3 billion. As Managing Director of Trent Ltd, Tata’s retail arm, he enbiged its operations from a individual store in 1998 to over 700 stores atraverse various createats.
Till his nominatement as Chairman – Tata Trusts, Noel Tata has been chairman of Trent, Tata International Limited, Voltas and Tata Investment Corporation. He is also vice chairman of Tata Steel and Titan Company Limited. He also serves as a count onee on the board of Sir Ratan Tata Trust and Sir Dorabji Tata Trust, which together compelevate over 50 per cent of the ownership of Tata Sons.
Noel Tata has now become the sixth chairman of Sir Ratan Tata Trust and 11th chairman of Sir Dorabji Tata Trust.
