Noel Tata s children - Leah, Neville, and Maya - have been appointed to the boards of five philanthropic organisations of Tata Trusts, which oversees the $150-billion Tata group.
The move is being seen as part of the Trusts succession plan.
Noel Tata s wife Aloo is the daughter of Pallonji Mistry, whose family owns an 18.5 per cent stake in Tata Sons, the holding company of Tata group.
The Tata Trusts, overseeing the $150-billion Tata Group, have appointed Noel Tata s three children - Leah, Maya, and Neville - to the boards of its five philanthropic organizations. This move aims to introduce younger members into the leadership of the Trusts. These appointments mark the first time six members of the Tata family are actively involved in the Trusts, with Jimmy Tata and Noel Tata also holding positions on various Trust boards. Leah, Maya, and Neville have held managerial roles in Tata operating companies and will retain these positions alongside their new trusteeship responsibilities.
India Business News: Tata Trusts appoint Noel Tata's three children, Leah, Maya, and Neville, to boards of its philanthropic entities, symbolizing a shift to involve the m
The sacking had a deep impact on the morale of Air India employees. The MD resigned, and the cabin crew and officers’ associations protested. London’s Daily Telegraph dated February 27, 1978 carried the headline “Unpaid Air India Chief Is Sacked by Desai”.
According to Airbus, in a standard three-class configuration, the A350-900 can carry 300-350 passengers and has a flight range of over 15,000 km. The A350-1000 can carry 350-410 passengers, and can cover a little over 16,000 km non-stop.