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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 Internal disputes over losses in new businesses like Air India and BigBasket have caused the Tata Group to postpone deciding whether to reappoint N Chandrasekaran as chairman for a third term. flag Noel Tata, the chairman of Tata Trusts, voiced concerns and suggested four requirements for approval, which included limiting risky spending, keeping Tata Sons unlisted, and avoiding debt. flag Citing long-term strategic investments, some board members backed Chandrasekaran, while others supported the terms. flag With no final vote planned, the decision has been postponed to guarantee alignment between Tata Sons and the trusts.

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