With the country’s economy on the cusp of historic change, the figure who did the most to lead Indian business onto the global stage is gone.

Ratan Tata, the former Tata Group chairman, has died at the age of 86, according to a statement from the Indian conglomerate.

Ratan Tata has died at a Mumbai hospital at age 86. Tata is the former chairman of India’s oldest conglomerate Tata Sons.

Oct 9 (Reuters) - Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate on the global stage with a string of high-profile acquisitions, has died, the Tata Group said in a statement late on Wednesday. He was 86.

Ratan Tata, the former chairman of the Tata Group, has died at age 86, according to a statement from the company. This is a developing story and will be updated when more information becomes available.

After the demise of legendary industrialist Ratan Tata, Noel Tata, the half-brother of Ratan Tata, has been appointed as the chairman of the Tata Trusts. He is the 11th chairman of the Sir Dorabji Tata Trust and the sixth at Sir Ratan Tata Trust.

Noel Tata's appointment as Chairman of Tata Trusts marks a significant transition for the Tata Group. With his unique blend of experience, family ties, and commitment to philanthropy, he is poised to lead the organization into a new era while honouring the legacy of his half-brother,

Noel Tata, Ratan Tata's half-brother, has been appointed as the Chairman of Tata Trusts, which owns a 66% stake in Tata Sons, the holding company of the Tata Group. A graduate of Sussex University, Noel has held various leadership roles,