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N Chandrasekaran reappointed as Chairman of Tata Sons

The board of Tata Sons Pvt Ltd has approved the re-appointment of N Chandrasekaran as the Executive Chairman of the company for the second five years term.

Sumit Arora Published On February 12th, 2022 Leave a comment

The board of Tata Sons Pvt Ltd has approved the re-appointment of N Chandrasekaran as the Executive Chairman of the company for the second five years term. Chandrasekaran’s current tenure as the chairman was to expire at the end of February 2022. He joined the board of Tata Sons in 2016 and took over the role as Chairman in 2017.

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Career of Chandrasekaran:

Chandrasekaran’s tenure in the last five years saw several mergers and acquisitions by the group in the steel, aviation and digital sectors and a complete exit from the cellular telephony industry. One of the first tasks of Chandra, as he is popularly known, was to get rid of Tata Teleservices which lost around Rs 60,000 crore in paying back bank loans apart from paying the AGR dues till date. Tatas sold the mobile phone business to Bharti Airtel while retaining debt and other liabilities of the company.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.