MUMBAI: Tata Trusts, which controls India’s largest conglomerate, the $180-billion Tata Group, has inducted chairman Noel Tata’s son, Neville Tata (33), to the board of its flagship Sir Dorabji Tata Trust (SDTT). Speculation over Neville’s entry into the Trusts’ main entity had been building since Mehli Mistry’s exit last month. With Neville’s induction, three Tata family members now serve on the boards of the two principal Trusts, including the Sir Ratan Tata Trust (SRTT). Noel’s half-brother, Jimmy Tata, has been a trustee of SRTT for more than three decades. Tuesday’s development underscores several shifts — a consolidation of authority under Noel Tata, the infusion of younger leadership into a traditionally silver-haired trusteeship, and the formal rise of Neville within the Tata
Noel's son, Neville, joins flagship Tata Trust board
The Times of India11 hrs ago
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