Noel Tata's Twist: Chandrasekaran's Third Term Approved, But With a Catch
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Noel Tata's Shock Move: Chandrasekaran's Third Term Cut to Two Years
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News18•18-03-2026, 08:32
Noel Tata's Shock Move: Chandrasekaran's Third Term Cut to Two Years
•Noel Tata, Chairman of Tata Trusts, approved N Chandrasekaran's third appointment as Tata Sons Chairman but proposed a two-year term instead of five.
•This proposal is part of a major leadership and succession planning change within the Tata Group, aiming for a three-tier structure to reduce concentrated power.
•Noel Tata is concerned about over $11 billion in investments in new ventures like Air India, Tata Digital, and Tata Electronics, which show losses and high cash burn.
•The decision on Chandrasekaran's third term was deferred at a Tata Sons board meeting on February 24, 2026, due to emerging disagreements.
•While some executives support Chandrasekaran for stability, Noel Tata's team questions performance and capital allocation, also opposing Tata Sons' public listing.
