New Delhi, 11/10: Noel Tata was appointed on Friday as chairman of Indian conglomerate Tata group’s philanthropic arm Tata Trusts, the CNBC-TV18 channel reported, succeeding his half brother Ratan who died this week aged 86.
Noel’s appointment is of significance as Tata Trusts owns 66 per cent of Tata Sons, the holding company of various firms under the Tata brand which is more than 150 years old.
