Noel Tata news and archive

Cyrus Mistry to succeed Ratan Tata

Noel Tata, the only man with the Tata surname in the over 100-company, $83-billion group is not going to head the top job as expected by many. His brother-in-law, Cyrus Mistry has been chosen as to lead the group after Ratan Tata retires. According to the insiders, Noel was one of those who suggested Cyrus as the man for the top job since he was...

Apparel

Tata buys MoveOn

Tata International is set to acquire a 51 per cent stake in Portugal’s MoveOn Shoes, giving it a foothold in the European footwear retailing market. Tata International, part of the $72-billion Tata Group, wants to be a significant player in the leather industry. The company, which has huge manufacturing capabilities and is a supplier to brands...

Apparel

Noel Tata back at Trent

Noel Tata has returned to the Tata retail venture Trent as additional director. He was earlier managing director of Trent, which he stepped down from on August 12 in view of his appointment as the managing director of Tata International. He grew the retail business more than 10-fold in less than a decade. Tata International is a leather and...

Apparel

Noel to run Tata International

Noel Tata, 53, will be the new MD at Tata International, a leather and engineering trading company. The reclusive Tata grew the retail business more than 10-fold in less than a decade. Tata International has a presence in 10 African nations, a region where it wants to double revenues to $1 billion in two years. Group chairman Ratan Tata, 73, is...