Who owns Tata, who runs it? The Tata Sons-Tata Trusts power tussle explained
Tata Sons said in a statement that "Chandra acceded to the Board's request to reconsider his decision". The board subsequently "resolved by a majority vote to re-appoint him as Executive Chairman for a further term of five years upon the expiry of his current tenure".
We haven't written up this one. Times of India has the full story — the link below goes straight to it.