Ratan Tata, Chairman Emeritus of Tata Sons and one of the most prominent industrialists, passed away on Wednesday, (Oct&nbsp;9). His demise was confirmed by the chairman of Tata Sons, N Chandrasekaran.

“It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation,” Chandrasekaran said in a statement shared on X.

Tata was known for his modest lifestyle. He had an estimated net worth of Rs 3,600 crore, with Tata Group being one of the most prominent companies in the country.&nbsp;

Also read |&nbsp;<a href="https://www.wionews.com/india-news/breaking-ratan-tata-indian-business-tycoon-dies-aged-86-766108">Ratan Tata, Indian industry’s titan, visionary, and philanthropist, dies at 86</a>

After his demise, people are speculating who will be the doyen's successor to continue his legacy. While N Chandrasekaran has already taken over Tata Sons as chairman, questions still arise about who will be the next Tata leader. Several Tata family members are leading different parts of the business, and Noel Tata is speculated to be the next contender, according to reports.&nbsp;However, the company has not given any confirmation yet.

<h2>Who is Noel Tata?</h2>

Noel Tata is Ratan Tata’s half-brother and son of Naval Tata from his second wife, Simone Tata. He has been involved in the family business for 40 years and already holds a key position in the company, making him the likely successor.

Also read |&nbsp;<a href="https://www.wionews.com/india-news/ratan-tata-once-said-he-wanted-to-be-remembered-as-his-words-have-now-gone-viral-766197">Ratan Tata once said he wanted 'to be remembered as...' His words have now gone viral</a>

Noel Tata is the Chairman of Trent, Tata International Limited, Tata Investment Corporation, and Voltas. He is also the Vice Chairman of Tata Steel and Titan Company Limited. Additionally, he is a Trustee on the Boards of Sir Ratan Tata Trust and Sir Dorabji Tata Trust.

He was the Managing Director of Tata International Limited from August 2010 to November 2021, during which the company’s turnover increased from $500 million to over $3 billion. He was also the key person who led to the expansion of Trent Limited from one store in 1998 to 700 stores at present.

Noel Tata got his education from Sussex University in the UK and did the International Executive Programme at INSEAD. He has three children, Maya, Neville, and Leah, who are also involved with the Tata Group.

(With inputs from agencies)

Ratan Tata, Chairman Emeritus of Tata Sons and one of the most prominent industrialists, passed away on Wednesday, (Oct 9). His demise was confirmed by the chairman of Tata Sons, N Chandrasekaran.

Ratan Tata, Chairman Emeritus of Tata Sons and one of the most prominent industrialists, passed away on Wednesday, (Oct 9). His demise was confirmed by the chairman of Tata Sons, N Chandrasekaran. “It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation,” Chandrasekaran said in a statement shared on X. Tata was known for his modest lifestyle. He had an estimated net worth of Rs 3,600 crore, with Tata Group being one of the most prominent companies in the country. Also read | Ratan Tata, Indian industry’s titan, visionary, and philanthropist, dies at 86 After his demise, people are speculating who will be the doyen's successor to continue his legacy. While N Chandrasekaran has already taken over Tata Sons as chairman, questions still arise about who will be the next Tata leader. Several Tata family members are leading different parts of the business, and Noel Tata is speculated to be the next contender, according to reports. However, the company has not given any confirmation yet. Who is Noel Tata? Noel Tata is Ratan Tata’s half-brother and son of Naval Tata from his second wife, Simone Tata. He has been involved in the family business for 40 years and already holds a key position in the company, making him the likely successor. Also read | Ratan Tata once said he wanted 'to be remembered as...' His words have now gone viral Noel Tata is the Chairman of Trent, Tata International Limited, Tata Investment Corporation, and Voltas. He is also the Vice Chairman of Tata Steel and Titan Company Limited. Additionally, he is a Trustee on the Boards of Sir Ratan Tata Trust and Sir Dorabji Tata Trust. He was the Managing Director of Tata International Limited from August 2010 to November 2021, during which the company’s turnover increased from $500 million to over $3 billion. He was also the key person who led to the expansion of Trent Limited from one store in 1998 to 700 stores at present. Noel Tata got his education from Sussex University in the UK and did the International Executive Programme at INSEAD. He has three children, Maya, Neville, and Leah, who are also involved with the Tata Group. (With inputs from agencies)

Who is Noel Tata, the likely successor of Ratan Tata in the Tata Group?

India&#39;s Tata conglomerate is interested in bidding for state-owned Air India as the group needs to increase the sizes of its aviation business, its boss told television channel CNBC TV18 in an interview on Monday.

Tata would &quot;definitely look&quot; at Air India once the government finalised the privatisation process, N. Chandrasekaran, chairman of Tata group&rsquo;s holding company Tata Sons, told the channel.

He said Tata, which already has two small airline joint ventures in India, one with Singapore Airlines and the other with Malaysia&#39;s AirAsia Bhd, was still not clear about what a sale would look like.

The government has not said whether it will sell all or parts of Air India and what it might do about the loss-making airline&#39;s debt burden of $8.5 billion.

&quot;We still don&#39;t have all the details,&quot; Chandrasekaran said. &quot;We have two airlines, both are subscale. I feel scale is important.&quot;

When asked whether Tata had spoken to Singapore Airlines about its interest in bidding for Air India, Chandrasekaran said: &quot;Do you think I would have not?&quot;

Tata&#39;s interest in Air India has been reported but Chandrasekaran had not spoken publicly about a possible bid.

Prime Minister Narendra Modi&#39;s cabinet in June gave the go-ahead to sell Air India, which has received $3.6 billion since 2012 in state aid.

Last month the government invited bids to appoint financial and legal advisors for the sale process.

Some companies including low-cost Indian carrier IndiGo, owned by InterGlobe Aviation, ground handling company Bird Group and Turkey&#39;s Celebi Aviation Holdings have expressed an interest in buying some of Air India&#39;s various businesses.

Air India, founded in 1930s by the Tata Group, is saddled with debts and a bloated cost structure.

Once the nation&#39;s largest carrier, its market share in the booming domestic market has slumped to 13 percent as private carriers expanded.

In Monday&#39;s interview, Chandrasekaran also said &quot;all options are on the table&quot; when asked about the future of its struggling telecoms unit Tata Teleservices.

The Economic Times said earlier this month that Tata had told the government it intended to shut down Tata Teleservices.

&quot;I will have to take a tough call and I will,&quot; Chandrasekaran said, adding that a solution would be found this financial year because Tata could not continue to pump in cash to fund the company.

Chandrasekaran also said the group was focusing on improving returns at Tata Motors and ending production of its loss-making Nano car would make little difference to the firm&#39;s profitability.

British luxury carmaker Jaguar Land Rover has long been the main source of revenues and profits at Tata Motors.

The company has said it will invest more than 40 billion rupees ($612 million) to boost sales of its passenger and commercial vehicles and return to profit in its domestic business.

 
&nbsp;

Tata would 'definitely look' at Air India once the government has finalised the privatisation process, N Chandrasekaran said

India's Tata conglomerate is interested in bidding for state-owned Air India as the group needs to increase the sizes of its aviation business, its boss told television channel CNBC TV18 in an interview on Monday. Tata would "definitely look" at Air India once the government finalised the privatisation process, N. Chandrasekaran, chairman of Tata group’s holding company Tata Sons, told the channel. He said Tata, which already has two small airline joint ventures in India, one with Singapore Airlines and the other with Malaysia's AirAsia Bhd, was still not clear about what a sale would look like. The government has not said whether it will sell all or parts of Air India and what it might do about the loss-making airline's debt burden of $8.5 billion. "We still don't have all the details," Chandrasekaran said. "We have two airlines, both are subscale. I feel scale is important." When asked whether Tata had spoken to Singapore Airlines about its interest in bidding for Air India, Chandrasekaran said: "Do you think I would have not?" Tata's interest in Air India has been reported but Chandrasekaran had not spoken publicly about a possible bid. Prime Minister Narendra Modi's cabinet in June gave the go-ahead to sell Air India, which has received $3.6 billion since 2012 in state aid. Last month the government invited bids to appoint financial and legal advisors for the sale process. Some companies including low-cost Indian carrier IndiGo, owned by InterGlobe Aviation, ground handling company Bird Group and Turkey's Celebi Aviation Holdings have expressed an interest in buying some of Air India's various businesses. Air India, founded in 1930s by the Tata Group, is saddled with debts and a bloated cost structure. Once the nation's largest carrier, its market share in the booming domestic market has slumped to 13 percent as private carriers expanded. In Monday's interview, Chandrasekaran also said "all options are on the table" when asked about the future of its struggling telecoms unit Tata Teleservices. The Economic Times said earlier this month that Tata had told the government it intended to shut down Tata Teleservices. "I will have to take a tough call and I will," Chandrasekaran said, adding that a solution would be found this financial year because Tata could not continue to pump in cash to fund the company. Chandrasekaran also said the group was focusing on improving returns at Tata Motors and ending production of its loss-making Nano car would make little difference to the firm's profitability. British luxury carmaker Jaguar Land Rover has long been the main source of revenues and profits at Tata Motors. The company has said it will invest more than 40 billion rupees ($612 million) to boost sales of its passenger and commercial vehicles and return to profit in its domestic business.

Tata interested in bidding for Air India: Tata Sons chairman

Tata Sons&#39; board has named Tata Consultancy Services head N Chandrasekaran as the chairman of Tata Sons

Rajesh Gopinath will become the chairman of Tata Consultancy Services (TCS), the position that was so far occupied by Chandrasekaran.

The $100-billion conglomerate Tata Sons, the holding company of the listed Tata group companies in a business empire ranging from Jaguar Land Rover and steel mills to aviation and salt, had ousted its chairman Cyrus Mistry in October.

&quot;I will reach out to everyone. Chairmanship of Tata Sons is a huge responsibility,&quot; the incoming chairman said.

Ratan&nbsp;Tata, patriarch of one of India&#39;s most influential families, had taken over as interim chairman of&nbsp;Tata&nbsp;Sons after the board ousted Mistry.

TCS head N&nbsp;Chandrasekaran has been widely rumoured to be one of the leading contenders to replace Mistry.&nbsp;In October, Tata Sons&#39; board had set up a five-member selection committee that included Ratan Tata to choose a new chairman within the next four months.

A masters degree holder in computer applications, Chandrasekaran joined the group in 1987, and rose through the ranks to become TCS CEO in 2009.

He was named to the&nbsp;Tata&nbsp;Sons board in October, after Mistry&#39;s ouster. Chandrasekaran also serves on the board of Reserve Bank of India.

A short bio on the central bank&#39;s website describes him as an avid photographer, music aficionado and a passionate long-distance runner who has completed marathons across the world.

TCS is India&#39;s largest software services exporter and registered a 10.9 per cent rise in profit for the quarter to December. TCS is the most lucrative wing of Tata Sons.

Mistry&#39;s removal from the Tata board ignited a bitter public spat in recent weeks.

Mistry laid out three sets of allegations: breaches of governance within the Tata&nbsp;group; misconduct at&nbsp;Tata&nbsp;ventures; and the illegality of his ouster.

Tata&nbsp;Sons&nbsp;denies Mistry&#39;s allegations and says it has followed the highest standards of corporate governance.

(WION with inputs from Reuters)

Rajesh Gopinathan will take over as Tata Consultancy Services chairman -- the position vacated by Chandrasekaran

Tata Sons' board has named Tata Consultancy Services head N Chandrasekaran as the chairman of Tata Sons Rajesh Gopinath will become the chairman of Tata Consultancy Services (TCS), the position that was so far occupied by Chandrasekaran. The $100-billion conglomerate Tata Sons, the holding company of the listed Tata group companies in a business empire ranging from Jaguar Land Rover and steel mills to aviation and salt, had ousted its chairman Cyrus Mistry in October. "I will reach out to everyone. Chairmanship of Tata Sons is a huge responsibility," the incoming chairman said. Ratan Tata, patriarch of one of India's most influential families, had taken over as interim chairman of Tata Sons after the board ousted Mistry. TCS head N Chandrasekaran has been widely rumoured to be one of the leading contenders to replace Mistry. In October, Tata Sons' board had set up a five-member selection committee that included Ratan Tata to choose a new chairman within the next four months. A masters degree holder in computer applications, Chandrasekaran joined the group in 1987, and rose through the ranks to become TCS CEO in 2009. He was named to the Tata Sons board in October, after Mistry's ouster. Chandrasekaran also serves on the board of Reserve Bank of India. A short bio on the central bank's website describes him as an avid photographer, music aficionado and a passionate long-distance runner who has completed marathons across the world. TCS is India's largest software services exporter and registered a 10.9 per cent rise in profit for the quarter to December. TCS is the most lucrative wing of Tata Sons. Mistry's removal from the Tata board ignited a bitter public spat in recent weeks. Mistry laid out three sets of allegations: breaches of governance within the Tata group; misconduct at Tata ventures; and the illegality of his ouster. Tata Sons denies Mistry's allegations and says it has followed the highest standards of corporate governance. (WION with inputs from Reuters)

N Chandrasekaran named Tata Sons chairman

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Who is Noel Tata, the likely successor of Ratan Tata in the Tata Group?

Tata interested in bidding for Air India: Tata Sons chairman

N Chandrasekaran named Tata Sons chairman