Noel Tata

Listing may change 'Tata way', put profits ahead of philanthropy: Noel

Tata Trusts Chairman Noel Tata on Saturday said that listing Tata Sons will "fundamentally change" the over 150-year-old group's way of working and stressed that its largest owner will play a "constructive role" in engaging with the regulators to retain the conglomerate's unlisted character. Speaking at the Hindustan Times Leadership Summit here, Noel said while "some people" are proposing a listing for the group's holding company, he fears that enlarging the number of shareholders after a listing will shift its focus to profits from philanthropy. "My worry is that listing, which is what some people are proposing, will change the Tata way. And one day, if we have 30,000-40,000 shareholders, profit may take precedence over philanthropy. And I think that will fundamentally change the Tata way of working," Noel, who turned 70 on Friday, was quoted as saying. "Tata Trusts will play a constructive role with regulators and others to try and find a solution which keeps the Tata way the way

Sunil D'Souza's elevation as Voltas chairman comes under the lens

D'Souza, an industry veteran with three decades of experience in the consumer space, joined the Voltas board as a non-executive director in May 2026

Tata Sons rejects Noel Tata's request for Sept 17 board meeting recording

Tata Sons has rejected Tata Trusts Chairman Noel Tata's request for sharing an audio-video recording of proceedings of a board meeting held on September 17 in which N Chandrasekaran was reappointed as the chairman of the largest conglomerate's holding company. Noel, the only dissenter on the vote for the reappointment, had sought the recordings through a series of communications to Tata Sons since the board meeting, which brought out the differences between the top echelons of the salt-to-software group, with the management of Tata Sons on one side and its biggest shareholder on the other. "Video recording is mandated when one or more Directors attend online. Company has never in the past had a practice of sharing audio/ video recording of in-person meeting," Tata Sons' company secretary Suprakash Mukhopadhyay wrote to Tata Trusts on November 9. The recording is not required to be either retained or shared with anybody, including directors, the letter reads. Emails sent to Tata So

Tata Sons row: Philanthropy, rule of law not at odds, Parsi priest tells PM

Parsi high priest Khurshed Dastoor urges reconciliation in the Tata Sons dispute, saying philanthropic legacy and the rule of law must complement each other

Who is Sunil D'Souza, the new Voltas Chairman succeeding Noel Tata?

Sunil D'Souza joined Tata Group in April 2020 as Managing Director and CEO of Tata Consumer Products, after the merger of Tata Global Beverages and the consumer products business of Tata Chemicals

Tata International appoints T V Narendran as chairman; Noel Tata steps down

Tata International has appointed T V Narendran as chairman, while Noel Tata will take over as chairman emeritus. The changes come as Noel Tata steps down from six Tata Group boards

Noel Tata retires as Tata Investment chairman; Bahram Vakil to take over

Noel Tata steps down after 16 years as chairman and is named Chairman Emeritus; Bahram Vakil takes charge on November 12, while Abizer Diwanji joins the board

Noel Tata to step down as Voltas chairman, appointed Chairman Emeritus

Noel N Tata, Chairman of Tata Trusts, has been appointed as Chairman Emeritus of Voltas, a day after he retired as Chairman and Director of the leading cooling products maker. Noel Tata will retire as Chairman and Director of Voltas Ltd on November 11, 2026, upon attaining the age of superannuation under Tata Group governance guidelines. Following his retirement, "the Board has appointed him as Chairman Emeritus of the Company with effect from November 12, 2026," said Voltas, a Tata Group firm, in its regulatory filing. The Companies Act 2013 mandates that any managing director or whole-time director cannot be appointed or continue employment if they are 70 years of age or older. Noel Tata, who was born on November 12, 1956, will turn 70 on November 12, 2026. He has been associated with Voltas since 2003. Additionally, the board has appointed Sunil D'Souza as the new Chairman of Voltas. D'Souza currently leads the Tata Group's FMCG arm, Tata Consumer Products Ltd (TCPL), as Mana

Mehli Mistry contests removal from Tata Trusts, counters governance claims

Mistry questions the validity of the resolution ending his trusteeship and seeks scrutiny of the eligibility of trustees who voted against him

Noel Tata to retire as vice chairman of Titan Company on November 12

Noel Tata will retire from Titan's board after more than 23 years, while the company's Q2FY27 net profit rose 113.7 per cent to ₹2,393 crore, aided by a one-time gain

Buildup to the day of 'infamy'

How Tata Trusts' unity began to unravel soon after Ratan Tata's death, leading to the turmoil of September

Who is Darius Khambata and what his exit from Tata Trusts means for Noel?

Darius Khambata is stepping down over differences following the September 17 Tata Sons board meeting, which he said had 'damaged' the company's reputation and gone against the Tata group's values

Three letters set the tone for Tata Sons board meeting on November 26

After truce meeting with Chandrasekaran, Noel wants Tata Sons restructuring and Shapoorji Pallonji fundraising on the board agenda

Noel Tata to retire as Trent chairman on Nov 11; Bahram Vakil to take over

Noel Tata will become chairman emeritus from November 12 after nearly three decades with Trent, while the retailer reports a 23.1 per cent rise in Q2FY27 net profit.

Tata Group being criminally destroyed, alleges Rahul Gandhi amid feud

Tata Group is being criminally destroyed, and no business leader dares say a word, Congress leader Rahul Gandhi alleged on Wednesday, asserting that "we will ensure justice for these crimes". Gandhi's remarks come amid Tata Group's bitter dispute over Tata Sons' leadership. The conflict has already split trustees and spilled into the Tata Sons boardroom as well. Earlier this week, Tata Trusts chairman Noel Tata challenged the resolution to reappoint N Chandrasekaran as the chairman of Tata Sons, which was passed at the September 17 board meeting of the holding company of the country's largest conglomerate. In a post on X, Gandhi said, "Tata is being criminally destroyed, and no business leader dares say a word. How long will you stay silent? Until they own you?" Indian business is not Prime Minister Narendra Modi and Home Minister Amit Shah's plaything, the Leader of Opposition in the Lok Sabha said. "You lack courage. We don't. We will ensure justice for these crimes," Gandhi ...

Noel Tata challenges resolution to reappoint Chandra as Tata Sons chairman

Noel Tata has challenged the validity of N Chandrasekaran's five-year reappointment as Tata Sons chairman, citing procedural lapses and the absence of the resolution from the meeting agenda

Uneasy lies the governance space

The ripples the Tata affair will cause are yet to become clear - but promoters will be nervous at such a coup by the professional hire

Chandrasekaran, Noel in focus ahead of Tata Steel, Tata Sons board meets

Tata Trusts defends move to stay private, Charity Commissioner to take call

Tata Trusts question Mehli Mistry's locus standi for raising objections

Two Tata Trusts entities have questioned Mehli Mistry's locus standi to raise governance concerns, arguing that his tenure as trustee ended in October 2025.

Best of Opinion: A paradoxical succession issue within the Tata group

Today's editorials and columns examine US restrictions on Indian IT firms, India's public transport gaps, the Tata Sons leadership dispute, municipal governance under PRAGATI-50 and a book on Bastar