Tata Sons Board Set to Reappoint N Chandrasekaran for Third Term

• Tata Sons board likely to approve N Chandrasekaran's reappointment as executive chairman for a third term next week, a year before his current tenure ends.
• The reappointment requires an exception to the group's retirement policy, similar to Ratan Tata's waiver in 2016.
• Tata Trusts, the majority shareholder, unanimously supported his reappointment in October last year.
• TCS leadership will brief the Tata Sons board on its AI strategy amid concerns over tech stock sell-off and AI disruption.
• Chandrasekaran's renewed mandate aims to signal leadership continuity and steer large-scale investments across semiconductors, EV batteries, and Air India.