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

Also read

Debate : Do the ends justify the means...

Note : Give it all a fair thought before you jot down... Flaming and religion-bashing will not be tolerated. Your participation is gladly appreciated. I dunno if you folks remember this incident; a couple of yrs back, the UPSC exam had a question where the emainee had to assert his views on *revolutionary terrorism* initiated by Bhagat Singh. As is typical of the government, hue and cry was not far behind... Anyway, let us look at some facts -   Bhagat Singh was an atheist, considered to be one of the earliest Marxist in India and in line with hi thinking, he renamed the Hindustan Republican Party and called it the Hindustan Socialist Revolutionary Party. Bhagat Finally, awaiting his own execution for the murder of Saunders, Bhagat Singh at the young age of 24 studied Marxism thoroughly and wrote a profound pamphlet “Why I am an Atheist.” which is an ideological statement in itself. The circumstances of his death and execution are worth recounting. Although, Bhagat Singh had a...
30 comments
Read more

Does India need communal parties?

I think, it was Tan's post on this blog itself, Republic Day Event, where this question was raised. My answer. YES. we need communal parties even in Independent, Secular India. Now let me take you, back to events before 1947. When India was a colony of the British Empire. The congress party, in its attempt to gain momentum for the independence movement, heavily used Hinduism, an example of which is the famous Ganesh Utsav held in Mumbai every year. Who complains? No one. But at that time, due to various policies of the congress, Muslims started feeling alienated. Jinnah, in these times, got stubborn over the need of Pakistan and he did find a lot of supporters. Congress, up till late 1940's never got bothered by it. And why should we? Who complains? No one. But there were repercussions. The way people were butchered and slaughtered during that brief time when India got partitioned, was even worse than a civil war scenario. All in the name of religion. And there indeed was cr...
40 comments
Read more

Inside Congress by Ronald Kessler: power, perks, and peril on Capitol Hill

This critical review of Inside Congress by Ronald Kessler reveals the shocking truth behind Capitol Hill's glitzy surface. Featuring real quotes, scandals, and systemic corruption, this article dissects the book’s revelations with historical, social, and political context. Get ready to question everything you thought you knew about America’s lawmakers. What is ‘Inside Congress’ about? Reading Inside Congress felt like sneaking into a backstage political theatre—only to realise that the actors were drunk, corrupt, and having affairs with the ushers. Ronald Kessler doesn’t just pull the curtain back on Congress—he rips it off, throws it on the floor, and sets it on fire. At its core, the book is a catalogue of misconduct, but it’s more than that. It’s a raw, unnerving look at a system so infected by self-interest and sleaze that the word “democracy” starts to feel like a punchline. The book spans sexual escapades, financial corruption, and outright betrayal of public trust. But th...
Post a Comment
Read more