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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.

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