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Tata Sons is preparing to call an extraordinary general meeting (EGM) to appoint its executive chairman Natarajan Chandrasekaran (N Chandrasekaran) for the third time. According to media reports, there is still one year left for his current tenure to end, but the group wants to maintain continuity in leadership.

Chandrasekaran became chairman in 2017 and will turn 63 in June. For non-executive posts, relaxation in the retirement policy of 65 years will have to be taken. Earlier in 2016, Ratan Tata was also given such exemption, when he replaced Cyrus Mistry.

Big investments and long term strategy

According to the report, Tata Group is making big investments worth about $ 120 billion in semiconductors, electric vehicle batteries and Air India. Such projects demand long time and strong leadership. In the last five years, Tata Group's income has almost doubled and profit has increased more than three times. The group has also invested Rs 5.5 lakh crore to prepare for the future.

TCS will present AI roadmap

Here, Tata Consultancy Services (TCS) will present its Artificial Intelligence (AI) roadmap before the Tata Sons board next week. This presentation is considered important after the rapidly increasing impact of AI in the tech sector and the fall in the stock market. The board will also be updated on the progress of Tata Electronics and Air India.

financial position

Tata Sons' income increased by 24% to Rs 5.92 lakh crore in FY 2025, while net profit declined by 17% to Rs 28,898 crore. Chandrasekaran says that by FY27 the new businesses will be included in the top five companies of the group and will become profitable. However, it may take a little more time for Air India to become profitable.