The Sons Tata Board is likely to extend the term of office of Chandrasekara as chairman, the source told MoneyControl. The council meeting that talks a lot about today, to approve the N Chandra extension, and also tend to deliberate about new promises to the council. N The term now as Chair of the Sons Tata is scheduled to end this month.
MoneyControl reaches Tata Sons and Tata Trust but they do not offer comments to us.
N Chandrasekkan took control of Tata Sons in 2017. He became chairman when the group faced the leadership crisis and trust deficit after the destruction of its predecessor, Cyrus Mistry, by the council. Until then, Chandra, Lieutenant trusted from Tatas, has led TCS, Crown Jewel and Cash Cash from the group. He immediately became the face of stability for Tata Sons.
Most of Chandra’s term as Chair and CEO of Tata Sons was spent against the legal battle against Cyrus Mistry, which caused public Mudslinging to never be experienced before by Tata Sons. Restoring faith from investors and business partners and redeeming the name Tata is the most important task for Chandra, and he can do this effectively due to the acceptance and market performance at TCS.
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