Tata Sons name insider Chandrasekaran as new chairman

• Eastern Eye Staff
• 13 January, 2017

By: Eastern Eye Staff

India’s $100 billion salt-to-software Tata conglomerate named veteran insider Natarajan Chandrasekaran as the new chairman of its holding company on Thursday (12), looking to soothe investors after a bruising public spat over the ouster of his predecessor. Chandrasekaran, 53, currently chief executive of IT outsourcing giant Tata Consultancy Services (TCS), India’s most-valuable company with a market capitalisation of $67 billion, will take over as Tata Sons executive chairman on Feb. 21, according to a company statement. Tata Sons, the holding company in a business empire ranging from car maker Jaguar Land Rover and steel mills to aviation and salt pans,…

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