Times of India
AsiaPac · 2 hrs ago
Before Chandrasekaran's exit, he & Noel Tata separately briefed govt on rift, concerns
Rift between Tata Trusts chairman Noel Tata and Chandrasekaran.MUMBAI/NEW DELHI: The Tata brass briefed senior govt functionaries on the turmoil inside the conglomerate ahead of N Chandrasekaran's announcement last Wednesday that he would step down as Tata Sons chairman in Feb, people familiar with the matter said.The engagement covered the rift between Chandrasekaran and Tata Trusts chairman Noel Tata over strategy and governance, the direction of new business ventures, and lingering uncertainty over whether Chandrasekaran would be reappointed, these people said.Both men engaged with govt leaders individually, though the exact dates and the substance of those conversations could not be independently confirmed. During these engagements, concerns related to some appointments, and the losses
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