Exploring Noel Tata's Wealth and N. Chandrasekaran's Salary Insights
Noel Tata’s Wealth Overview: Noel Tata, who chairs Tata Trusts, has been in the spotlight recently due to his proposed leadership framework for Tata Sons facing opposition from certain trustees. Reports indicate that he suggested dividing the chairman's role into three distinct positions: chief executive officer, managing director, and deputy CEO. However, this initiative encountered resistance within the trust. N. Chandrasekaran, the chairman of Tata Group, is recognized as one of the highest-paid executives in India.
Profile of Noel Tata
Noel Tata, born in December 1957, is a notable figure in Indian business. At 68 years old, he serves as the Chairman of Tata Trusts and plays a significant role in the Tata Group. He is the son of Naval Tata and Simone N Tata and is the half-brother of the late Ratan Tata. Reports suggest that he graduated from Sussex University in the UK and completed the International Executive Programme at INSEAD. His career with the Tata Group began at Tata International, where he eventually became Managing Director, and he has held various leadership positions in companies like Tata Steel and Titan Company.
Noel is married to Aloo Mistry, the daughter of the late Pallonji Mistry, who was once the largest individual shareholder in Tata Sons. This marriage has further solidified the ties between the Tata and Mistry families.
Salary Insights of Tata Chairman N. Chandrasekaran
N. Chandrasekaran, the chairman of Tata Sons, ranked among India's top corporate earners in FY25, with a total compensation of Rs 155.81 crore, as detailed in the company's annual report. His earnings comprised Rs 15.1 crore in salary and benefits, while the majority—Rs 140.7 crore—was derived from profit commissions. This figure represents a 15% increase from the Rs 135 crore he earned in FY24, despite a 24.3% decline in Tata Sons' profit after tax, which dropped from Rs 34,654 crore in FY24 to Rs 26,232 crore in FY25.