Ratan Tata once again takes over his family business again. After the 4 year reign of Harvard Graduate Cyrus Mistry over the $100 billion company the committee has now appointed Ratan Tata the chairperson of the Tata Sons for a period of 4 years.
After these four months the committee will sit down together again, the panel will include Ratan Tata, Ronen Sen, Venu Srinivasan and Amit Chandra. The same panel came out with this major decision of naming the Ratan Tata to be the Chaiperson of the company for a 4 month period.of naming the Ratan Tata to be the Chaiperson of the company for a 4 month period.
It is said that the TATA sons were unhappy with Mistry’s approach of shedding non-profit businesses, including the steel business in Europe.
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