Ratan Tata passes away: Trusts must pick successor from among trustees

Quick Summary:

Following Ratan Tata's passing, Tata Trusts faces a crucial decision in selecting a new chairman.

With Noel Tata emerging as the likely candidate, his appointment would uphold the tradition of having a Parsi leader and maintain a connection to the founding family.

The chairman of Tata Trusts is elected through majority consent among the trustees.

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Article Details

Author / Journalist: Reeba Zachariah

Category: EconomyBusiness

Markets: IndiaChina

Topics: Tata Group Noel Tata Charitable foundations Tata Trusts Succession planning Trustees Ratan Tata Business news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 08:12:24 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 697 words

Reading Time: 4 minutes read

Sentences: 37 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 22974785

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