Tata Chairman Chandrasekaran Agrees to New Term

Natarajan Chandrasekaran has reversed his decision to step down, accepting a third five-year term as chairman of Tata Sons. His reappointment faces opposition from controlling philanthropies amid ongoing strategic disputes within the Indian conglomerate.

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FILE PHOTO: Chairman of the Board at Tata Sons, Natarajan Chandrasekaran, visits Land Rover for an announcement on a new electric car battery factory on July 19, 2023 in Warwick, England. Christopher Furlong/Pool via REUTERS/File Photo

Natarajan Chandrasekaran agreed to a third five-year term running India's largest conglomerate, backed by the board despite opposition from its controlling philanthropies. The 63-year-old reversed last month's exit plan, securing another tenure through February 2027.

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