Skip to main content

Why Noel Tata is the best choice to be the next Tata Sons chairman

The bitter fight between Cyrus Mistry and Ratan Tata seems to be getting worse by the day. Mistry refuses to back down and massive egos are at stake. Held hostage in all this drama are millions of stakeholders; shareholders, vendors, employees, investors who don't have much idea about the cost of this ego battle.
Even though various people line up to one camp or another in hopes of scoring brownie points there is no clear end to this fight. Charitable trusts as such should not have any business to poke into business worlds. On the other hand, you cannot just wish away a major shareholder in a billion dollar enterprise. 

In this scenario, the best bet would be to make Noel Tata, currently chief of Trent Ltd, the fashion retail arm of the Tata Group to be next chairman. Half brother of Ratan Tata, Noel is as private as Mistry or Tata. He has done well at Trent, where he has done well and not used the Tata brand to boost his business. The stores which Trent runs are named Westside steering clear from the household family name. He has proven that he can work independently of the infamous name and the group which has not really supported the retail business much. He was briefly considered as a front runner when Cyrus Mistry was made the chairman and he was graceful in the scenario where the younger man got the job. 

That he is a Tata is not only a point in his favor but a big ace in his pocket. After Ratan Tata, it is Noel and his children who will carry forward the Tata bloodline. He is, in fact, perfect to lead Tata Group after this battle for his family name itself. He is the half-brother of Ratan Tata and brother in law of Cyrus Mistry, a unifying factor who can bring some calm, some peace to the ongoing saga. The stakeholders will also be okay to have someone within the group rising up to this challenge.

His attitude in this affair is also commendable. He has refused to take any sides as of now, even though he is close to the group affairs. He has kept a low profile instead of going all macho and gun blazing. Perhaps this is what Tata needs right now. A docile yet time tested and trusted man to take charge of the billion dollar enterprise who has risen on occasions and can inspire confidence from both Tata Trusts and Mistry Family.
Labels:

Comments

Post a Comment

Popular posts from this blog

An epidemic of loneliness: Why are we lonely in a world so full?

In the town of Havenwood, an unusual epidemic takes over—not one of physical illness, but an outbreak of loneliness. When Lina, a fiery yet secretly tender-hearted skeptic of romance, meets Quinn, a free-spirited artist questioning the same ideas, they are forced to confront whether real connection lies beyond romantic love or if they are truly doomed to solitude. It was a crisp day in Havenwood, and the sky was brooding—dark clouds laced with impatient energy before a thunderstorm, as if even the heavens felt the town’s growing melancholy. It was not the kind of town you would expect to be cloaked in loneliness. Stone cottages lined the narrow, winding roads, and the trees had that sage-like stillness that you only see in stories and dreams. I hadn’t been here long when the problem struck me like a slap in the face: everyone was obsessed with finding The One, as if every single person was but half a person, wandering through life like a lost sock in search of its pair. How did a town ...
Post a Comment
Read more

Epitome of Equality

First of all This is not to demean any religion.. I am a Hindu by birth, but yes I respect all religions .I offer my daily prayers , fast on holy days , but there was something that was disturbing me . God as per me was a Friend, someone who was by my side always , someone who was a dear friend , but this is not what everyone else thought , for others he was the Judge who gives his verdict always and punishes anyone and everyone . Walk into any temple and you would see , if you have money , you will be treated in a way as if you are the ONLY disciple of the God . I have had too many experiences where I was treated as a second class citizen in the temple . Why? Well I could not afford giving thousands as donation. This is not how it should be , God looks at each one of us with the same divinity .As I mentioned God for me is a friend, so tell me, do we chose friends based on their bank balances? Do we give our verdict on them ? then how can God do it? I know many of us would ...
32 comments
Read more

Standard contents in a Guest Room

IN A 5 – STAR HOTEL GUEST ROOM:- 1. BED:- 1. Mattress (1) 2. Maters protector (1) 3. Bed sheet (2) 4. Night spread (1) 5. Blanket (1) 6. Pillows (2) 7. Bed cover (1) (Boisters) 2. ENTRANCE DOORS:- 1. Lire exit plan 2. DND card on the door know 3. Collect my laundry card 4. Please clean my room card 3. WARDROBE:- 1. Coat hangers 2. Skirt trouser hangers 3. Laundry bags 4. Pot 5. Extra blanket and pillows 6. Bed slippers 4. LOUNGE :- 1. Sofa,...
2 comments
Read more