Tata Group Erases $4.5 Billion in Value as Chairman Plans Exit
Shares of India’s Tata Group companies wiped out 433 billion rupees ($4.5 billion) in market value Wednesday after Chairman Natarajan Chandrasekaran said he will step down when his term ends in February, deepening a leadership crisis.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.