Tata Sons name Natarajan Chandrasekaran as new group chairman

The $100 billion software conglomerate Tata Group on Thursday named Natarajan Chandrasekaran as the new chairman of its holding company, three months after firing its former chairman Cyrus Mistry. Giving details, one of the director of Tata Sons, Ishaat Hussain, said the choice is remarkable. Chandrasekaran, who currently heads IT outsourcing giant Tata Consultancy Services (TCS), will take over as the executive chairman from February 21.