New Delhi, January 17
The appointment comes within a week of Tata Sons announcing Chandrasekaran as its Executive Chairman, capping two months of a bitter boardroom battle that followed the unceremonious sacking of Cyrus Mistry and letting of bad blood ever since.
Popularly known as ‘Chandra’, the 54-year-old will take charge at the helm of $103-billion Tata Sons from February 21. He will be the first non-Parsi chairman of the 150-year-old Tata Group. At Tata Motors, he will have to take the responsibility of turning around the struggling homegrown auto major which is trying to regain lost ground, especially in the passenger vehicles segment. — PTI