00:00After the bankruptcy of Ratan Tata, there was a lot of talk about who will be the successor.
00:07Many names were being discussed, but today it has been decided that who will be the successor of the group.
00:14So who is the successor of the group, let's know in the video.
00:17Ratan Tata's stepbrother Noil Tata will now be the chairman of the Tata Trust.
00:22Today, on October 11, a meeting was held on the successor scheme in Mumbai.
00:28The former chairman of the Tata Group, Ratan Tata, passed away on the evening of October 9 at the age of 86.
00:33After his death, everyone's attention was on the future leadership of the Tata Trust.
00:37In such a situation, the name that was being discussed the most was his stepbrother Noil Tata,
00:42whose role is very important and in the end, a stamp has also been placed on his name.
00:47Noil Tata is currently the trustee of Sir Ratan Tata Trust and Sir Dorabji Tata Trust,
00:51which are the important institutions under the Tata Trust.
00:54These trusts not only have an important contribution in the activities of the Tata Group,
00:58but they also have a lot of shares in Tata Sons, which is the parent company of Tata Group.
01:03Ratan Tata had a direct share of 0.83% in Tata Sons.
01:07Most of their personal property was created with this share.
01:11However, in their absence, the role of Tata Group will be even more important in the business strategy of Tata Trust and Tata Group.
01:18Tata Trust has always played an important role in the management of Tata Group.
01:23And it is expected that this effect will continue in the acquisition of Noil Tata.
01:27The presence of Tata Group is in more than 100 countries and in 2023-2024, its total revenue was more than $ 165 billion.
01:35This group employs more than 10 lakh people across the country.
01:38Noil Tata has the opportunity to play an important role in the succession of the group.
01:43And in the acquisition of Tata Trust, their policies and perspective can also play an important role in the direction of the group's future.
01:50Now let's know who Noil Tata is.
01:52As I told you, Noil Tata is the stepbrother of Ratan Tata.
01:56He is the son of Naval H. Tata and Simone N. Tata.
01:59According to the official website of Tata International, Noil Tata is the non-executive director of International Limited.
02:05He has been associated with Tata Group for 40 years and is a board of directors in many companies of Tata Group.
02:11He is also the chairman of Trentata International Limited, Voltas and Tata Investment Corporation.
02:16He is also the vice chairman of Noil Steel and Titan Company Limited.
02:21He is also the trustee of Sir Ratan Tata Trust and Sir Dorabji Tata Trust Board.
02:25He has studied at Sussex University in Britain.
02:29Noil Tata has three children who are already included in Tata Trust.
02:34Noil Tata is 67 years old and his net worth is $ 1.5 billion.
02:42Finally, the search for a successor for the position of chairman of Tata Trust has begun.
02:48The last stamp has been placed on Noil Tata.
02:51He has been associated with Tata Group for more than 40 years.
02:54Now the backdoor of the group will be in the hands of Noil Tata.
02:57How did you find this information in the video? Do tell us by commenting.
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