Noel Naval Tata, the newly-appointed Chairman of Tata Trusts, on Friday said he looks forward to carrying on the legacy of Ratan Naval Tata and the founders of the Tata Group.
The Tata Trusts board met at a joint meeting held here and took the unanimous decision to appoint Noel Tata, the half-brother of Ratan Tata, as the new Chairperson after the latter's demise.
"I am deeply honoured and humbled by the responsibility that has been cast on me by my fellow Trustees. I look forward to carrying on the legacy of Mr. Ratan N. Tata and the Founders of the Tata Group," said Noel Tata.
"Founded more than a century ago, the Tata Trusts are a unique vehicle for undertaking social good. On this solemn occasion, we rededicate ourselves to carrying on our developmental and philanthropic initiatives and continuing to play our part in nation-building," he added.
The Trustees condoled the demise of Ratan Tata, and recalled his yeoman services not only to the Tata Group but also to nation-building.
In separate meetings held immediately, thereafter, it was unanimously decided to appoint Noel Tata as the Chairman of the various Trusts that constitute the Tata Trusts and also designate him as Chairman, Tata Trusts.
Noel Tata's appointment comes into place effective immediately. Noel Tata is known for his relatively low-profile leadership, a stark contrast to Ratan Tata's more public-facing role. He has been instrumental in driving the conglomerate's growth since he joined the Tata Group in the early 2000s.
Earlier this year, Noel Tata's three children -- Leah, Maya and Neville -- were appointed as trustees in multiple trusts associated with the Sir Ratan Tata Trust and Sir Dorabji Tata Trust. Leah is currently Vice President at The Indian Hotels while Maya is associated with Tata Capital. Neville is involved in Trent and the leadership team at Star Bazaar.
Since 1892, Tata Trusts, India’s oldest philanthropic institution, has been at the forefront of creating lasting impact among communities. Rooted in the visionary philanthropy of our Founder, Jamsetji Tata, the Trusts remain resolute in catalysing transformative change and leading advancements that uplift communities across the nation.
Sachin Tendulkar honoured with Lifetime Achievement Award at BCCI Naman Awards 2025
The Board of Control for Cricket in India (BCCI) honoured exceptional achievements in Indian cricket at the prestigious Naman Awards here on Saturday. A historic moment of the evening was the presentation of the coveted Col. C.K. Nayudu Lifetime Achievement Award to Bharat Ratna Sachin Tendulkar,
Budget 2025-26 to boost incomes of street vendors, spruce up cities
Union Finance Minister Nirmala Sitharaman on Saturday announced the setting up of a Rs 1 lakh crore fund for the development of cities and a revamp of the Prime Minister Street Vendors Atma Nirbhar Nidhi (PM SVANidhi) to enhance the earnings of street vendors as part of her Budget proposals.
Eight MLAs who quit AAP join BJP, a blow for Kejriwal’s party before Delhi polls
With just four days to go before the Delhi Assembly elections on February 5, eight legislators who resigned from the Aam Aadmi Party (AAP) on Friday joined the Bharatiya Janata Party (BJP) on Saturday.
80 patrols conducted along India-B'desh border, 40 village meetings held: BSF
Maintaining full cooperation with the Border Guard Bangladesh (BGB), India's Border Security Force (BSF) has conducted nearly 80 simultaneous coordinated patrols along the India-Bangladesh frontiers in the recent past, officials said here on Saturday.
In true 'Vishwa Bandhu' spirit, India allocates Rs 5,483 crore for foreign aid in Union Budget 2025
The Ministry of External Affairs (MEA) has allocated Rs 5,483 crore for aid to foreign nations, slightly higher than last year's Rs 4,883 crore, it was announced in the Union Budget 2025-26 on Saturday.
200 new Vande Bharat trains, 100 Amrit Bharat trains in next 2-3 years: Ashwini Vaishnaw
Calling the Union Budget 2025-26 "amazing", Union Railways and Electronics and IT Minister, Ashwini Vaishnaw on Saturday said that with the big allocation to it, Indian Railways is all set to expand faster, safer and comfortable rail travel across the country.
Union Budget 2025: 50,000 Atal Tinkering Labs to be set up in govt schools in 5 years
Union Finance Minister Nirmala Sitharaman on Saturday announced to set up 50,000 Atal Tinkering Labs in government schools in the next five years.
Israel releases 183 Palestinian prisoners in latest swap with Hamas
Israel released 183 Palestinian prisoners on Saturday in the fourth prisoner-for-hostage swap under the ongoing truce deal with Hamas, according to Palestinian sources.