business ๐ง Tata Chairman N Chandrasekaran to step down in February
Tata Group Chairman N Chandrasekaran announced he will not seek reappointment when his term concludes in February. This decision was made after the Tata Sons board failed to agree on a five-year extension for him. The news caused shares of listed Tata companies to drop significantly. This resignation signals months of internal tensions following a boardroom power battle within the group. Clarity on leadership is now needed for the massive conglomerate moving forward. ๐ง