Tata Sons chairman N Chandrasekaran's TVS Motors link emerges amid row over re-appointment
9 Articles
9 Articles
The ongoing controversy surrounding N Chandrasekaran's reappointment at Tata Sons has now taken a new turn. Chandrasekaran's wife Lalita and son Pranav are directors of a company to which TVS Motors has leased 17 acres of land in Tamil Nadu. Notably, TVS Motors Chairman Emeritus Venu Srinivasan voted in favor of Chandrasekaran's new five-year term.
Disclosure gap at heart of Chandra family's TVS link
Filings show that family members of Tata Sons chairman N Chandrasekaran hold business relations with TVS Motor Co. Ltd, a firm led by Venu Srinivasan, who recently cast a decisive board vote backing Chandrasekaran's fresh term.
The Tata Group has once again lost its grip on power. N. The board's decision to give Chandrasekharan another five years paves the way for a new law fight. The Board took this decision over the objections of Tata Trust Chairman Noel Tata because of the current crisis.
A new business connection has emerged within the Tata Group in the ongoing controversy surrounding the reappointment of Chairman N. Chandrasekaran. Chandrasekaran's wife Lalita and son Pranav are directors of Hanno One Warehousing Pvt Ltd, a company that has a business relationship with TVS Motor for a warehouse project in Tamil Nadu […] This article, "Tata Sons Row: What is the Chandrasekaran family's connection to TVS Motor? A ₹60 crore loan r…
Coverage Details
Bias Distribution
- 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
