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India's Tata shares fall as Chandrasekaran decides to step down

Shares of Tata Group companies fell on Wednesday after N. Chandrasekaran said he would not seek reappointment as Tata Sons chairman, deepening uncertainty at India’s largest conglomerate that is already grappling with issues ranging from regulatory scrutiny to pricing pressures. India’s top IT services exporter, Tata Consultancy Services, slumped 3.9% and was the biggest loser on the Nifty,…

India's Tata shares fall as Chandrasekaran decides to step down

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