Noel Tata emerges as key power broker in Tata Group succession, listing decisions

For decades, Noel Tata built retail and trading businesses out of the spotlight that followed his half-brother Ratan Tata. Now, as chairman of Tata Trusts, he is set to influence two of the biggest decisions facing the Tata group: who leads it next and whether it ever goes public.

Noel’s stewardship of the trusts, influence over Tata Sons’ succession process and role in the listing debate could shape the future of one of India’s best-known and biggest conglomerates.