LATEST IN NEWS
Who Is Noel Tata, Ratan Tata`s Half Brother Who Is Likely To Be His Successor
Updated on: 10 October, 2024 02:29 PM IST |Shweta Shah
After Ratan Tata, Who Will Inherit Ratan Tata`s 3,800 Crore Tata Empire?
The nation was shocked, and the internet couldn`t believe when the news of Ratan Tata`s death spread like wildfire. The legendary Indian industrialist who revolutionized the country`s way of doing business with his creative mind breathed his last on late Wednesday night. While the nation continues to mourn Tata`s death, people also wonder who will inherit the 3,800 crore-worth Tata empire.
The revered business tycoon and philanthropist passed away at 86 on Wednesday, October 9, after suffering from a prolonged illness. He left behind a significant legacy that shaped India`s economic background.
His contribution to the world of entrepreneurship and social causes is undefinable. After Ratan Tata`s passing, the question that arises is who will lead the humongous empire, especially in the absence of a direct heir.
Looking at Tata`s family chart, fingers are somehow pointing to Noel Tata, the late businessman`s half brother and a great contributor to the Tata Empire.
In 2017, N. Chandrasekaran was appointed as the CEO of Tata Sons. Apart from this, other family members are overlooking and managing the operations of other divisions of the Tata conglomerate.
Also Read: Ratan Tata Passes Away Of Prolonged Illness At 86, India Mourns Its Icon`s Loss
As speculations continue, many assume it will be Noel Tata who will now be taking the chair and leading the massive Tata empire. But who is he?
For the uninitiated, Noel is Ratan Tata`s half brother and the son of his father, Naval Tata`s second brother. He has three children, all of whom play a crucial role in continuing the Tata legacy.
Modi took to X (formerly known as Twitter) and expressed his tribute to the iconic business tycoon, calling him a compassionate soul and a visionary business leader.
Also Read: 7 Inspiring And Life-Changing Quotes By Ratan Tata
"Shri Ratan Tata Ji was a visionary business leader, a compassionate soul, and an extraordinary human being. He provided stable leadership to one of India`s oldest and most prestigious business houses," the PM tweeted.
The tweet further read, "At the same time, his contribution went far beyond the boardroom. He endeared himself to several people thanks to his humility, kindness, and an unwavering commitment to making our society better."
Rest in power, Ratan Tata. You will be missed.
The revered business tycoon and philanthropist passed away at 86 on Wednesday, October 9, after suffering from a prolonged illness. He left behind a significant legacy that shaped India`s economic background.
His contribution to the world of entrepreneurship and social causes is undefinable. After Ratan Tata`s passing, the question that arises is who will lead the humongous empire, especially in the absence of a direct heir.
Looking at Tata`s family chart, fingers are somehow pointing to Noel Tata, the late businessman`s half brother and a great contributor to the Tata Empire.
Will Noel Tata be Tata Group`s successor?
With the vast group of empires, its succession has always been a question. In normal cases, the decedent`s direct heir would take the throne. However, Rata Tata never married or adopted kids.In 2017, N. Chandrasekaran was appointed as the CEO of Tata Sons. Apart from this, other family members are overlooking and managing the operations of other divisions of the Tata conglomerate.
Also Read: Ratan Tata Passes Away Of Prolonged Illness At 86, India Mourns Its Icon`s Loss
As speculations continue, many assume it will be Noel Tata who will now be taking the chair and leading the massive Tata empire. But who is he?
For the uninitiated, Noel is Ratan Tata`s half brother and the son of his father, Naval Tata`s second brother. He has three children, all of whom play a crucial role in continuing the Tata legacy.
PM Narendra Modi talks to Noel Tata
On the day of Ratan Tata`s passing, the Prime Minister of India Narendra Modi spoke to Noel Tata and expressed his condolences. From the ministry, it will be Union Home Mnister Amit Shah to attend the funeral.Modi took to X (formerly known as Twitter) and expressed his tribute to the iconic business tycoon, calling him a compassionate soul and a visionary business leader.
Also Read: 7 Inspiring And Life-Changing Quotes By Ratan Tata
"Shri Ratan Tata Ji was a visionary business leader, a compassionate soul, and an extraordinary human being. He provided stable leadership to one of India`s oldest and most prestigious business houses," the PM tweeted.
The tweet further read, "At the same time, his contribution went far beyond the boardroom. He endeared himself to several people thanks to his humility, kindness, and an unwavering commitment to making our society better."
Rest in power, Ratan Tata. You will be missed.
ADVERTISEMENT
What's your favourite Christmas tradition?
ADVERTISEMENT
