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Ratan Tata’s half-brother Noel officially joins Tata Sons board of directors
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Ratan Tata’s half-brother Noel officially joins Tata Sons board of directors

Ratan Tata’s half-brother Noel officially joins Tata Sons board of directors

Tata Trusts owns 66% of Tata Sons.

Noel Tata, half-brother of the late Indian tycoon Ratan Tata, has been appointed to the board of directors of Tata Sons, the group company that operates the $165 billion software conglomerate, the company’s website showed on Tuesday. .

The move follows the appointment of Noel Tata last month as chairman of the Tata group’s powerful and influential philanthropic arm, called Tata Trusts.

Tata Trusts owns 66% of Tata Sons and appoints one-third of the directors to the Tata Sons board. Those appointees receive special veto powers.

Internal company and trust rules do not allow the chairman of Tata Trusts to also run Tata Sons, a source had told Reuters earlier.

Reuters previously reported that Noel Tata, 67, will likely join Tata Sons’ board of directors.

Parent company Tata Sons oversees 30 consumer goods, hotels, automobiles and airlines companies and houses brands such as Jaguar Land Rover and Tetley Tea in its portfolio.

Ratan Tata, one of India’s best-known business titans, died in early October, aged 86.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)