Chandrasekharan is now Tata Sun Chairman
Hyderabad: 53 year old Natarajan Chandrasekharan will be first Chairman of $103 billion Tata Group. Chandrasekharan is now presently Chief Executive and Managing Director of TCS who will take charge as Chairman of TCS on Feb 21.
Ramakrishnana, popularly known as Ramki will take over as Chief Financial officer on the same day, who is with TCS from 1999 as Finance Head in North America. Earlier TCS announced buy back of 2.8% shares, estimated around 16000 crores which is largest in Indian Corporate history.
Cold war between Tatas and Cyrus Mistry led to expulsion of later as Chairman of TCS. Ratan Tata will Chair the meeting to mark N. Chandrasekharan’s “assumption of charge”. Tata Group strongly believes that Chandrasekharan will hit the ground running who will have a hard look at different companies.
Chandrasekharan, whose task is to repair the damage done to Tata Brand, will also deal with battle between Tata sons and Mistry.