Noel Tata News Update: Noel Tata has been made the new chairman of Tata Trusts. After the death of late Ratan Tata, this responsibility has been handed over to Noel Tata. When Ratan Tata was handed over the responsibility of Tata Group in 1991, he was sitting on the post of Chairman of Tata Trust. But now Tata Trusts have unanimously handed over this command to Noel Tata. Noel Tata is the half brother of Ratan Tata who has been associated with Tata Group for the last 40 years.
Already associated with Tata Trust
Noel Tata has played a very active role in the functioning of Tata Trust. At present, he is the trustee of Sir Ratan Tata Trusts and Sir Dorabji Tata Trust which comes under Tata Trust. This trust not only manages the philanthropic activities of the Tata Group, but the Tata Trust also has a 66 percent stake in Tata Sons, which is the parent company of the Tata Group.
Great leap of group companies during the tenure of Noel Tata
Noel Tata is on the board of many Tata Group companies. He is also the Chairman of Tata Group’s retail company Trent, Tata International Limited, Tata Investment Corporation and also the Vice Chairman of Tata Steel and Titan. Trent’s success during his tenure is discussed everywhere. Trent’s market cap has reached Rs 2.93 lakh crore. Noel Tata was the Managing Director of Tata International Limited from August 2010 to November 2021 and during his tenure the company’s turnover increased from $500 million to $3 billion.
Noel Tata’s family
Noel Tata is the son of Naval H Tata and Simone Tata and his wife Aloo Mistry comes from the Mistry Family of Shapoorji Pallonji Group. . Shapoorji Pallonji Group holds 18.3 percent stake in Tata Sons.
