Noel Tata to Exit Voltas, Trent Chairs; BigBasket Taps Amazon Vet Amit Nanda as CEO

Tata group reshuffles retail leadership as Noel Tata steps down from Voltas and Trent chairmanships. BigBasket names ex-Amazon exec Amit Nanda CEO amid intensifying quick-commerce battle. Trent presses toward 5,000 Zudio stores and 10x growth with 44% YoY EBITDA surge and 1:2 bonus shares.

— Filed Wed, 1 Jul, 2026, 15:21 IST · Source Financial Express · BrandWagon · Updated

Noel Tata to step down as chairman of Voltas and Trent; BigBasket names Amazon veteran Amit Nanda as CEO amid quick-commerce competition. Trent targets 5,000 Zudio stores and 10x growth, with strong EBITDA and bonus share plans.