As the Trusts' chairman and Tata Sons' director, Noel will significantly influence the selection of the next Tata Sons chairman in 2028, when Mr Chandrasekaran's tenure ends.

Ratan Tata's assets, estimated at over ₹10,000 crore, include a 0.83 percent stake in Tata Sons, the holding company of the $165-billion Tata Group.

The details of Ratan Tata's will are private, his net worth was estimated at Rs 7,900 crore by Hurun India Rich List 2024.

The board of Tata Trusts convened on Friday morning and approved the appointment of Noel Tata as the chair of Tata Trusts

The UC-RNT fund, set up in 2015, was initially envisaged as a $300-million fund at a time when the University of California (UC) was seeking to invest more actively in the Indian start-up ecosystem.

Over 100,000 people gathered at Mumbai's National Centre for the Performing Arts to honour Ratan Tata. The crowd, a mix of admirers and dignitaries, expressed deep respect and admiration as they awaited a final glimpse of Tata's mortal remains.

One of the country’s most revered business leaders, RatanTata was a pioneer in business who did not shy away from taking bold bets

Tata Group stocks have shown significant growth this year, registering a 15.4% surge in collective market capitalisation since June.

Mr Tata was admitted to Mumbai's Breach Candy Hospital on October 7 after a drop in his blood pressure level

A doctor in Mumbai has allegedly lost ₹7 lakh in a share market fraud after she was duped by a deepfake video of Mukesh Ambani, the chairman of Reliance Industries.