2 weeks ago

Chandrasekaran Steps Down as Tata Sons Chairman Amid Rift

Chandrasekaran Steps Down as Tata Sons Chairman Amid Rift
Chandrasekaran gives in to rift with Noel Tata · thehindubusinessline.com

The Tata Group is one of India's biggest business families, with companies that run airlines, software, and many other things.

For a long time, the boss of the whole group was a man named N Chandrasekaran.

He joined the company in 1987 as a trainee and worked his way up to become chairman in 2017.

Now, after almost 40 years, he has decided to step down.

His relationship with Noel Tata, who leads the Tata Trusts, became very difficult.

They disagreed about how to spend money, how to run the company, and whether Tata Sons should be listed on the stock market.

Some of the newer businesses, like the airline Air India, are losing a lot of money.

The group also dealt with a plane crash and a cyberattack on its car company, Jaguar Land Rover.

But the whole group still made more profit than the year before.

Now the Tata Group has to find a new leader, just like it did nearly a decade ago when Cyrus Mistry left.

Key facts

Outgoing chairman
N Chandrasekaran
Tenure with the group
Nearly 40 years (joined TCS in 1987)
Chairman since
January 2017
Tata Trusts chairman
Noel Tata
Air India FY26 combined loss
₹22,238 crore, more than double the previous year's ₹10,859 crore
Tata Digital FY26 loss
₹4,974 crore
Tata Sons FY26 net profit
₹31,961 crore, up 22%
TCS profit pressure
Margin disruptions caused by artificial intelligence across various sectors
RBI classification of Tata Sons
Upper layer NBFC, requiring mandatory stock exchange listing

Sources

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