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flag Tata Group delays decision on N Chandrasekaran’s third-term chairmanship due to internal disagreements over losses and proposed conditions.

flag The Tata Group has postponed deciding on N Chandrasekaran’s reappointment as chairman for a third term, following internal disagreements over losses in new ventures like Air India and BigBasket. flag Tata Trusts chairman Noel Tata raised concerns and proposed four conditions for approval, including keeping Tata Sons unlisted, debt-free, and limiting risky spending. flag While some board members supported Chandrasekaran, citing long-term strategic investments, others backed the conditions. flag The decision has been delayed to ensure alignment between Tata Sons and the trusts, with no final vote scheduled.

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