Tata Investment Corporation has appointed Bahram Vakil as chairman after Noel Tata’s retirement on November 11. This decision is part of a broader reshuffle at Tata companies due to retirement guidelines. Vakil’s prior role allowed him to transition smoothly into the chairman position, succeeding Noel Tata. T V Narendran will also become chairman of Tata International, furthering leadership changes within the group.