The Economic Times

Deferral of Chandrasekaran's reappointment raises questions on Tata Trusts resolution on his tenure

Tata Sons has deferred a decision on Natarajan Chandrasekarans third term as chairman, despite a prior unanimous Tata Trusts resolution backing his extension. Chairman Noel Tata reportedly raised concerns over losses, capital expenditure and a potential listing. The move highlights internal differences within the Tata Groups holding structure.