Tata Sons board defers Chandrasekaran third-term call after differences

A rare divergence surfaced at Tata Sons as executive chairman N Chandrasekaran sought to defer discussion on his third term after concerns were raised by Noel Tata over losses in new businesses. The board backed Chandrasekaran, but four conditions were set. The issue now shifts to alignment between Tata Sons and Tata Trusts.
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