Tata Sons Board May Ask Chandrasekaran To Stay

Tata Sons is expected to discuss its leadership soon.

Its board is scheduled to meet in Mumbai on September 17.

A report says the board may ask N Chandrasekaran not to step down.

This means the board could ask him to continue in his role.

The report does not say whether he will change his mind.

The meeting comes after the Reserve Bank of India rejected an application from Tata Sons.

Tata Sons had asked to give up its registration as a Core Investment Company.

The board’s discussion may lead to more talks about the company’s leadership.