In 2022, Ratan Tata established two entities to manage his personal wealth: the RTEF under Section 8 of the Companies Act 2013 and the Ratan Tata Endowment Trust. In light of uncertainty regarding trustee appointments to the Ratan Tata Endowment Foundation (RTEF), Tata stakeholders are considering opting for an arbitrator. A retired Supreme Court chief…
MUMBAI: Shantanu Naidu, who gained recognition as an assistant to late industrialist Ratan Tata, has transitioned to Tata Motors as general manager for strategic initiatives after spending over six years at Tata Sons. “I remember when my father used to walk home from the Tata Motors plant in his white shirt and navy pants, and…
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…
NEW DELHI: Noel Tata was appointed chairman of Tata Trusts on Friday, succeeding his half-brother Ratan Tata, who passed away on Wednesday at the age of 86, according to a CNBC report.Noel’s appointment is significant because Tata Trusts holds a 66% stake in Tata Sons, the holding company of the numerous firms under the Tata…
Ratan Tata with his dog Tito (Image source: Ratan Tata Instagram) Ratan Tata, the Chairman Emeritus of Tata group, who passed away on Wednesday was a known animal lover. Such was his love for animals, and dogs in particular, that at Bombay House, which is the headquarters of the Tata group, stray dogs are free…
NEW DELHI: At Bombay House, the headquarters of the Tata Group, street dogs are welcome due to the affection Ratan Tata had for them. He served as chairman of Tata Sons from 1991 to 2012, and briefly returned later. The former chairman passed away at the age of 86 at Mumbai’s Breach Candy Hospital on…
Ratan Tata led the group into new sectors like telecom and passenger cars and was instrumental in fostering innovation with landmark projects such as Indica, India’s first indigenous car; Nano, the world’s most affordable vehicle; and Ginger, a budget hotel chain, while overseeing more than 60 acquisitions that expanded the group’s reach. He also took…
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…
Ratan Tata used ‘retirement’ as a strategic tool to reshape Tata Group. Taking over as chairman at the age of 54 in 1991, he faced a formidable challenge from the old guard. Senior leaders like Russi Mody, Ajit Kerkar, and Darbari Seth had flourished under JRD Tata’s vision, wielding power and running their respective businesses…
