Tata Sons board clears listing and five-year term for Chandrasekaran; Noel Tata outvoted

Tata Sons' board has cleared the company's listing, mandated by India's central bank, and a five-year term for N Chandrasekaran as chairman, with Tata Trusts chairman Noel Tata outvoted by other directors at the roughly three-hour meeting on Thursday. Noel Tata tabled a mega offer from SP Group aimed at avoiding the listing.

Detected & updated continuously · Source: Nebula