Relations between Tata Sons and Shapoorji Pallonji Group have been strained since 2016, following the ousting of Cyrus Mistry
The Tata Trusts currently own a 66 per cent stake in Tata Sons, the holding company of the Tata group of companies
Noel is the half-brother of the late Ratan Tata, and was already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust
Today, Noel Tata, Ratan Tata’s half brother, has been appointed the chairman of Tata Trust, following Ratan Tata’s demise.
Noel Tata's appointment brings clarity to the future leadership of one of India's largest charitable organisations
Meet Noel Tata, the half-brother of Ratan Tata and a key figure in the Tata Group’s future. According to reports, Noel Tata has been unanimously elected as the chairman of Tata Trusts.
The move is being seen as part of the Trusts' succession plan
His value lifestyle brand Zudio signals a coming of age of retail in small town India
The resolutions to renew the directorship of Ajay Piramal and Venu Srinvasan were also cleared by the shareholders
Noel Tata is also the chairman of Tata International Limited, Voltas Limited, Tata Investment Corporation Limited and the vice-chairman of Titan Company.
Noel Tata, half-brother of Ratan Tata, joined Sir Dorabji Tata Trust last week, marking the entry of the next generation of Tata family in Tata Trusts
Reports said the move signals succession planning and continued association of the Tata family with the philanthropic body that controls the Tata group
India's cosmetics and beauty market is estimated to nearly double by 2025 from $11 billion in 2017, aided in good measure by online retailers.
Trent will continue to focus on building out differentiated brands and accelerating its reach through stores and digital platforms, said Noel Tata
Noel, half brother of Tata group patriarch Ratan Tata, was inducted on the board of Tata Trusts in 2019 for three years
Former CEO of Citi India Pramit Jhaveri and Tata Groups Noel Tata are the top contenders for positions on Tata Sons board as they get vacated
The tenure of Noel can also be cut short by the trustees, if the need arises, said a source close to the development
Noel is the half-brother of Ratan Tata and brother-in-law of former Tata Sons chairman Cyrus Mistry
Like Tata and Mistry, Noel also prefers to keep a low profile and is rarely seen in public