[India] - After leading Trent, is Noel Tata poised to take the helm at Tata Group?Noel Tata, known for establishing the retail huge Trent3 min checked out Last Updated: Oct 10 2024|11:31 PM IST With his boy Neville by his side, Noel Tata, 67 , was the fac

INSUBCONTINENT EXCLUSIVE:
Noel Tata, known for establishing the retail giant Trent3 min read Last Updated : Oct 10 2024 | 11:31 PM IST With his son Neville by his
and composed demeanour. Noel is the half-brother of Ratan Tata and the son of Naval and Simone Tata
He is married to Aloo Mistry, daughter of the late Pallonji Mistry and sister of the late Cyrus Mistry
The Shapoorji Pallonji family owns an 18.4 per cent stake in Tata Sons, the holding company of the Tata Group
from operations of the retail arm, which then housed the Westside brand, stood at Rs 19.7 crore, translating into an annualised revenue of
Bazaar, its wholesale arm Booker, and the affordable lifestyle brand Zudio
Trent also manages the Indian presence of two leading global fashion brands, Zara and Massimo Dutti
Simone Tata, and originally focused on manufacturing, selling, and exporting cosmetics, toiletries, and perfumes, a business divested in
1998
On Thursday, Trent ended the day with a capitalisation of Rs 2.86 trillion on the BSE, having peaked at Rs 2.95 trillion on Wednesday. In
2010, Noel joined Tata International, an exporter of leather goods, minerals, and metals, where he served until 2021
Today, he is chairman of two other Tata Group companies: The consumer durables company Voltas and Tata Investment Corporation. In 2019,
Noel became a trustee of the Sir Ratan Tata Trust and joined the board of the Sir Dorabji Tata Trust in 2022
In May, his three children were appointed to the boards of five philanthropic organisations under Tata Trusts, which oversees the
$150-billion Tata Group. Leah, 39, serves on the Tata Education Trust, Tata Social Welfare Trust, and Sarvajanik Trust
Maya, 36, serves on the RD Tata Trust, as well as the Tata Education Trust and Sarvajanik Trust, while Neville, 32, was named to the board
of the Tata Indian Institute of Skills (TIIS). Set up in 2020, TIIS aspires to be a premier training institution in the country, equipped
with world-class vocational training facilities
Both Tata Trusts and Tata Sons have professional managers overseeing day-to-day operations.First Published: Oct 10 2024 | 9:23 PMIST