The Chandrasekaran Conundrum: A Test of Corporate Governance in India The Tata group's internal power struggle has been playing out like a slow motion drama, with N Chandrasekaran at its center.
Just as it seemed that he would be stepping down after serving two terms as the executive chairman of Tata Sons, the nomination and remuneration committee (NRC) recommended his reappointment for another five years.
This development is significant not just because it goes against conventional wisdom about succession planning.