Noel Naval Tata, the half-brother of the late Ratan Tata on Friday took over as Chairman of Tata Trusts.
New Delhi: Noel Naval Tata, the half-brother of the late Ratan Tata on Friday took over as Chairman of Tata Trusts. Noel has been with the Tata Group for over four decades, slowly rising through the ranks in the salt-to-software conglomerate. This development comes after the demise of Ratan Naval Tata, the former Tata Group chairman who transformed a staid group into India’s largest and most influential conglomerate. 86-year-old Ratan Tata, the beloved industrialist passed away on Wednesday night (October 9) at Breach Candy Hospital in Mumbai.
Having functioned mostly under the shadows of his illustrious half-brother, Noel (67) will now have the responsibility of leading the Tata Trusts — broadly comprising Sir Ratan Tata Trust & Allied Trusts, and Sir Dorabji Tata Trust & Allied Trusts — that hold a controlling 66 per cent stake in Tata Sons, the holding and promoter firm of Tata Group companies. He is a Trustee on the boards of Sir Ratan Tata Trust and Sir Dorabji Tata Trust.
Family of Noel Tata: Know about father Naval Tata, mother Simone, brothers Jimmy Tata, Ratan Tata
Naval Tata
Ratan Tata’s father, Naval Tata, was adopted by Ratanji Tata, while his mother, Sooni Tata, was the niece of Jamsetji Tata, the founder of the Tata Group. When Ratan was only ten years old, Naval and Sooni divorced. Naval subsequently married Simone Tata, a Swiss woman who spoke French and was 26 years his junior. The couple had a son named Noel Naval Tata.
Ratan Tata
Ratan Tata was born of December 28, 1937 into the Parsi Zoroastrian family. His father Naval Tata was adopted by Ratanji Tata. His mother, Sooni Tata, was the niece of Jamsetji Tata, the founder of the Tata Group. Ratan Tata and his younger brother, Jimmy, were brought up by their grandmother, Navajbai R Tata, in a baroque manor called Tata Palace in downtown Mumbai.
He was honored with the Padma Vibhushan, India’s second-highest civilian award, in 2008. In 1991, he assumed the roles of Chairman of Tata Sons and Chairman of the Tata Trusts during a pivotal year when India’s economy underwent significant liberalization through a series of reforms. He adeptly seized the opportunities these changes provided while navigating the associated challenges.
He led the Tata Group as chairman for over two decades until his retirement in 2012. In 2008, he was honoured with the country’s second-highest civilian award, the Padma Vibhushan
Jimmy Naval Tata
Jimmy Naval Tata is the younger brother of Ratan Tata and a member of the prominent Tata family. In other words, Noel Naval Tata is his half-brother. His father, Naval Tata, was adopted by Ratanji Tata, while his mother was the niece of Jamsetji Tata, the founder of the Tata Group.
Aloo Mistry
Aloo Mistry married Noel Tata, a prominent Indian businessman and a member of the Tata family. Aloo Mistry is married to Noel Tata, Ratan Tata’s half-brother, and comes from a diverse background that combines Indian-Parsi and French-Catholic heritage. Together, they have three children: Neville, Leah, and Maya.
Leah Tata
Leah is the eldest daughter of Noel Tata, Ratan Tata’s half-brother, and Aloo Mistry, who is the sister of the late Cyrus Mistry, former Chairman of the Tata Group.
Maya Tata
Maya Tata, the younger daughter of Noel Tata and Aloo Mistry, began her professional journey at Tata Opportunities Fund, where she served as a portfolio manager and investor relations representative. Additionally, she played a key role in overseeing the launch of the Tata Neu application. She studied at the University of Warwick in Coventry, England, and at Bayes Business School in London.
Neville Tata
Neville Tata, the youngest son of Noel Tata and Aloo Mistry, is a member of the prominent Tata family. He is a graduate of Bayes Business School. He currently supports his father in overseeing Trent, the retail arm of the Tata Group, which operates well-known brands such as Westside, Zudio, and Utsa, as well as joint ventures like Zara and Star Bazaar.