Mumbai: Noel Tata, chairman of Trent Limited, said consumer sentiment remained relatively muted and coupled with seasonality led to retail businesses facing headwinds, after the Tata Group company reported a 40% increase in net sales for the quarter ended September. The retailer that runs Westside and Zudio, saw revenue of Rs 4036 crore while net…
New Delhi: Trent Limited, on Thursday, has reported a surge of 46.9 per cent in consolidated net profit after tax (PAT) to Rs 335.06 crore in the second quarter that ended September 30, 2024 as against the consolidated PAT of Rs 228.06 crore in the same period of the previous fiscal, the company said in…
MUMBAI: Noel Tata, who became chairman of Tata Trusts after half-brother Ratan Tata‘s death, has officially joined the board of Tata Sons, according to the company’s website. TOI first reported Noel’s upcoming appointment to the Tata Sons board in its Oct 17 edition. Noel (67) is currently the only member from the Tata Group’s founding…
Ratan Tata owned a 0.83% stake in Tata Sons and had a net worth of Rs 7,900 crore. Ratan Tata’s will: Darius Khambata, a lawyer, and Mehli Mistry, a close friend and associate, have been appointed as executors of Ratan Tata‘s will, along with his half-sisters Shireen and Deanna Jejeebhoy, executives familiar with the matter…
MUMBAI: Noel Tata, chairman of Tata Trusts, which holds an approximately 66% stake in Tata Sons, is set to be appointed to the board of the latter.Noel will be the sole member of the Tata Group‘s founding family to hold positions on boards of both Tata Sons and Tata Trusts. He will be one three…
MUMBAI: Noel Tata, Ratan Tata’s half-brother, has been appointed chairman of the influential Tata Trusts, granting him indirect control over the $165-billion Tata Group, which operates in 100 countries, reports .Ratan, who chaired the Trusts for three decades, did not designate a successor. Noel, who is half-French and an Irish citizen, was already a trustee…
The passing of Ratan Tata has brought attention to succession at Tata Trusts, the largest public charitable foundations in India and the owner of the $165-billion Tata Group. As Tata did not designate a successor, the boards of Trusts will have to select a chairman from among the trustees. Though the Trusts comprises several foundations…
A file photo of Noel Tata Ratan Tata, chairman emeritus of Tata Sons, passed away at Mumbai’s Breach Candy Hospital on Wednesday night (October 9). He was admitted to the hospital earlier this week for routine age-related checkups but was moved into intensive care on Wednesday. The Tata GroupRatan Tata‘s death in an official statement….
New Delhi: Noel Tata-led Trent is launching its value fashion brand Zudio in Dubai next month, the retailer’s maiden attempt to enter the overseas market to cash in on the large Indian diaspora. The first Zudio store in Dubai will be located in Silicon Oasis Mall. The Zudio format now contributes more than a third…
Riding the wave of its success in the domestic retail market, Noel Tata-led Trent is exploring opportunities to set up its retail formats outside Indian shores, beginning with a flagship store in Dubai, said people in the know. This move comes as Zudio, one of its flagship brands, surpasses the ₹7,000-crore revenue mark in India….
