Natarajan Chandrasekaran’s journey: From TCS to the top of Tata Group
Chandrasekaran is the first non-family chairman to lead one of the largest Indian conglomerates and was handpicked by Ratan Tata after the 2016 ouster of Cyrus Mistry.
On Wednesday, August 12, 2026, Natarajan Chandrasekaran, the chairman of Tata Sons, announced his resignation from the Tata Group, citing a lack of board approval for his reappointment amidst ongoing tensions. Known as Chandra, the Indian business leader had been with the conglomerate for four decades and had served as its head for nine crucial years. He marked a significant milestone by becoming the first non-Parsi to hold the position of chairman.
Chandra's decision to step down followed months of deadlock over his reappointment, which was primarily driven by a single director's refusal to support an extension of his tenure. The announcement from the chairman sent shockwaves through the financial markets, triggering a sell-off in Tata Group stocks. Among the impacted entities was Tata Consultancy Services (TCS), which witnessed a decline of 3.71% in its share price on the Bombay Stock Exchange (BSE).
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