Noel Tata replaces Ratan Tata as Chairman of Tata Trusts
Who is Noel Tata? Tata Trusts has appointed Noel Tata, Ratan Tata's brother, as its Chairman. Noel Tata will be Ratan Tata's half brother. This means that after Ratan Tata's parents separated, his father, Naval Tata, entered into a new marriage. Therefore, Noel Tata is the son of his stepmother, Simon Tata.
Who is Noel Tata: Ratan Tata's brother Noel Tata has been appointed as the Chairman of Tata Trusts.
Noel Tata already holds important positions in some companies within the Tata Group. Noel Tatane is the Chairman of Trent and Tata Investment Corporation. Also, he continues to be the managing director of Tata International and vice chairman of Tata Steel and Titan companies. People say that Noel Tata played a crucial role in transforming Trent, which began with a small investment, into a multi-billion-crore company. Furthermore, Noel Tata holds the credit for initiating the Sisle and Zara brands in India. It was Noel Tata who joined hands with American footwear manufacturing company Wolverine Worldwide from Tata International and brought that company to India. Noel Tata has also contributed to the operations of the Tata Group. Apart from this, Noel Tata is the trustee of Sir Ratan Tata Trust and Sir Dorabji Tata Trust. Ratan Tata's own brother Jimmy Tata has been leading a very simple life, staying away from these business affairs. As part of his inheritance, he holds substantial shares in numerous companies such as Tata Steel, Tata Motors, and TCS. After Ratan Tata, Noel Tata is the most active person in Tata Group's businesses in the current generation. Thus, the reins of Tata Trusts, which were in the hands of Ratan Tata so far, came to Noel Tata.
