Tata Sons Chairman Chandrasekaran resigns amid trust board deadlock
Tata Sons’ chair Natarajan Chandrasekaran announced he won’t seek a third term, stepping down before the August AGM after a standoff with Tata Trusts over the performance of new ventures like e‑commerce, aviation and semiconductors. The abrupt exit signals potential strategic rifts in India’s biggest conglomerate and raises questions about its future direction.