Simone Tata Explained

Simone Tata
Birth Name:Simone Naval Dunoyer
Birth Place:Geneva, Switzerland
Citizenship:India
Children:Noel Tata
Relations:Tata family

Simone Naval Tata is an Indian businesswoman, and a member of the Tata family.[1]

Simone Tata was born in 1930, and brought up in Geneva, Switzerland and graduated from Geneva University. She visited India as a tourist in 1953, where she met Naval H. Tata. They married in 1955, and Simone settled in Mumbai permanently.[2] Simone and Naval are the parents of Noel Tata. Simone is the stepmother of former Tata Group chairman, Ratan Tata, who is from Naval's previous marriage.

Simone Tata joined the Lakmé board in 1962, when it was a minor subsidiary of Tata Oil Mills, as managing director in 1961, rising to become its chairperson in 1982, and was non-executive chairman of Trent Limited until 30 October 2006.[3]

She was appointed to the board of Tata Industries in 1989.[4]

Seeing growth in the retail sector, in 1996, Tata sold Lakmé Cosmetics to Hindustan Lever Limited (HLL), and created Trent Limited with money from the sale.[5] All shareholders of Lakmé were given equivalent shares in Trent. The Westside brand and stores belong to Trent.[6]

Notes and References

  1. News: The seven in the Tata clan. 17 December 2014. Financial Chronicle. dead. https://web.archive.org/web/20100821002825/http://www.mydigitalfc.com/companies/seven-tata-clan-561. 21 August 2010.
  2. Web site: Simone Tata. 17 December 2014. The Asha Centre. dead. https://web.archive.org/web/20141217182405/http://www.ashacentre.org/index.php?option=com_k2&view=item&id=581:simone-tata&Itemid=3. 17 December 2014.
  3. News: Simone Tata . Kumar . Pramod . 26 August 2007 . 11 November 2018 . The Sunday Indian . 19 January 2018 . https://web.archive.org/web/20180119140143/http://www.thesundayindian.com/en/story/simone-tata/7/3142/ . dead .
  4. Web site: Simone N Tata. https://web.archive.org/web/20141217175907/http://investing.businessweek.com/research/stocks/people/person.asp?personId=29458779&ticker=20376352. dead. 17 December 2014. 17 December 2014. Bloomberg.
  5. Web site: K . Rukshana . 2020-07-27 . Lakmé, One of India's leading Cosmetics Brands . 2023-02-23 . Doer Life . en-US.
  6. Web site: Desk . India TV News . News . India TV . 20 October 2012 . India's 15 most successful female entrepreneurs India TV News . 3 December 2022 . www.indiatvnews.com . en.