Tata Sons and Tata Trusts: Balancing Business and Social Responsibility
Tata Trusts focuses on philanthropy in education, art and culture, health, and livelihood generation, as stated on its website.
Tata Trusts focuses on philanthropy in education, art and culture, health, and livelihood generation, as stated on its website.
Tata Trusts is the philanthropic arm of the Tata Group, which holds approximately 66% of Tata Sons, the private holding company that owns stakes in all Tata group companies.
The focus shifted to Tata Trusts when Noel Tata was appointed chairman on October 11, 2024, after the passing of Ratan Tata, who had held the position prior.
Tata Trusts focuses on philanthropy in education, art and culture, health, and livelihood generation, as stated on its website.
Tata Sons Pvt Ltd, founded in 1917, is the promoter and holding company for all Tata Group brands. Natarajan Chandrasekaran has been the chairman since January 2017.
Noel Tata’s appointment came after Ratan Tata passed away at Breach Candy Hospital in Mumbai on the night of October 9, 2024, at the age of 86 due to age-related health issues.
Ratan Tata, who never married and had no children, raised questions about succession.
He was the son of Naval Tata and his first wife, Sooni Tata, whose parents separated when he was about 10 years old.
Noel Tata, his half-brother, is the son of Naval Tata and his second wife, Simone Tata.