look news india
Veteran industrialist Ratan Tata passed away on Wednesday. After his death, a meeting was held in Mumbai today, in which Ratan Tata's step brother Noel Tata has been appointed as the new chairman of Tata Trust.
This decision has been taken unanimously in an important meeting held in Mumbai. Noel has been appointed Chairman of the two most important entities of the Tata Group, Sir Ratan Tata Trust and Sir Dorabji Trust. He was previously involved as a trustee in these institutions. Now he has been appointed Chairman of Tata Trust.
Handle these responsibilities within the Tata Group
Ratan Tata's half brother Noel Tata has been given the new responsibility of Tata Trust. Noel is also involved as a trustee in Tata Trust. He has also been the Chairman of Tata International Limited for the last few years. He has a long history with the Tata Group spanning four decades. He is also the chairman of companies like Trent, Voltas and Tata Investment Corporation. Not only this, he is working as the Vice Chairman of Tata Steel and Titan Company Limited.
Created a company worth 3 billion dollars from 50 million dollars
During his tenure as Director of Tata International Limited, he has been instrumental in increasing the company's revenues from $500 million to $3 billion during his tenure between 2010 and 2021. Trent Limited Company had only one retailer store in the year 1998, which today under his leadership has transformed into a strong network with more than 700 stores across India.