Noel Tata is the half-brother of Ratan Tata. Everyone is curious about the ongoing discussions about Noel Tata’s succession in the Tata Group. He is already a trustee in the Ratan Tata Trust and Dorabji Tata Trust. These are the two top trusts of Tata Group. Noel Tata also manages Trent’s operations and other activities as well. However, can Noel Tata take on Ratan Tata’s position? Let us look at some more details about the discussions below.
Noel Tata is currently a trustee of Ratan Tata Trust and Dorabji Tata Trust. However, he is unlikely to assert himself as the successor. The trustees might nominate him for the position. Otherwise, there can be an interim chairperson before Noel holds the position. However, the chances are that he will be the upcoming chairperson of the trusts. Ratan Tata has been handling the trusts as chairman since 2012. These trusts have a total of 66% stake in Tata Sons which is the holding company of Tata Group.
Thus, if he is nominated, he will be the next chairperson of Tata Trusts. He is the son of Navel Tata from his second marriage. He also has three children further, Maya, Neville, and Leah. They handle minor segments in the company. Maya is handling Tata Neu App. Leah Tata is handling The Indian Hotels Company Limited, and Neville Tata is handling Trent’s Star Bazaar. Many people also overestimate him. According to them, he does not have enough experience with the company. However, Noel has been linked to Tata Group for 40 years.
If we talk about his personal life, Noel Tata marries Aloo Mistry. She is the daughter of Pallonji Mistry. Noel handles Tata’sTrent. It has four sub-brands under it. Noel Tata is the vice chairman of Titan and Tata Steel. He completed his education at the University of Sussex. Later, he went to the International Executive Programme at INSEAD Business School in France. Ratan Tata passed away on 9 October.
Sir Ratan Tata’s funeral ceremony was completed at Worli Crematorium in Mumbai. The social media is mourning the loss. Everyone is paying tribute to the legendary business tycoon. Whether Noel Tata will be the next successor or not, depends on the trustee’s decision. However, the decision appears to be favouring him. There are also discussions about Noel’s children taking up the leadership of the next generation. We hope you get enough details about Tata Group’s possible successor above.