Tatas, a house brutally divided: Tata Sons board gives Chandrasekaran 5 more years; move illegal, say Trusts
The vote exposed differences among Trusts’ own nominee directors. MUMBAI: In an unprecedented break with its principal shareholders, Tata Sons’ board Thursday voted to reappoint N Chandrasekaran as executive chairman for another five years, defying Tata Trusts, which called the resolution “a legal nullity”, exposing a split over leadership and strategy at India’s largest conglomerate.A…