Who will succeed Ratan Tata front-runners in succession race of 3800 crore business empire

by times news cr

New Delhi: <a href="https://time.news/who-is-that-mysterious-person-who-holds-1-share-in-tata-group-strange-story-of-stake-in-unlisted-company-2024-04-12-085726/" title="Who is that mysterious person who holds 1 share in Tata Group? Strange story of stake in unlisted company
– 2024-04-12 08:57:26″>Ratan Tata, former chairman of Tata Group, is no more with us. He died yesterday at the age of 86. He is an example of both business and social service in India. With assets worth Rs 3,800 crore, Ratan Tata has led the group to growth for decades. Despite his immense wealth, he was known for his simple lifestyle and deep commitment to charitable work through the Tata Trusts. Having no children, Ratan Tata’s succession has become a subject of speculation. The question is arising that who will now take charge of the huge Rs 3,800 crore Tata Group?

Noel Tata strong contender

Noel Tata emerges as a strong contender among the potential successors of Ratan Tata. Noel Tata, born to Naval Tata’s second wife Simone, is Ratan Tata’s half-brother. This family bond places Noel Tata in a prime position to inherit the Tata legacy.

Noel Tata has three children. They are seen as potential heirs to the Tata legacy. These include Maya Tata, Neville Tata and Lia Tata.

What is the responsibility of the three children?

Maya, 34, has been making significant progress within the Tata group. Maya, educated at Bayes Business School and University of Warwick, has played key roles at Tata Opportunities Fund and Tata Digital. He was instrumental in launching the Tata New App. This shows his strategic acumen and vision.

Neville Tata, 32, is deeply involved in the family business. He is married to Mansi Kirloskar of the Toyota Kirloskar Group family. Star Bazaar is the flagship of the major hypermarket chain under Neville Trent Limited.

Lia Tata, 39, is the eldest. She brings her expertise in the hospitality sector to the Tata Group. Leia, who studied at IE Business School in Spain, has made significant contributions to Taj Hotels Resorts & Palaces. She manages operations at the Indian Hotel Company.

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