On the broader question of barriers facing women's career progression in the corporate sector, the ministry's response was direct.

On the broader question of barriers facing women's career progression in the corporate sector, the ministry's response was direct.

Chandrasekaran's Tata Sons remuneration rose nearly threefold from FY18 to FY26, driven by a sharp rise in commission.

In his resignation letter to the board, Chandrasekaran outlined important details like reasons for resignation, new appointment process, among other things.

From coding floors in Chennai to the group's top chair, Chandra's three-decade climb shows how TCS's discipline became Tata Sons' new playbook.

Ranina also said Chandrasekaran could be considering opportunities elsewhere, making it preferable for him to move now rather than wait another six months.

The oil and gas push forms part of a broader diversification strategy that has lifted the company's blended profit-before-tax margin to 6.6%.

Last checked, BSE Sensex was trading 0.80% lower at 77,527 levels, while NSE Nifty50 was trading 0.82% lower at 24,271 levels.

When the extension resolution was tabled before the Tata Sons board in February, it did not go through. "One of the Board Members did not support it, and in the absence of unanimous support, I chose to defer the decision," Chandrasekaran said.

'Spider-Man: Brand New Day' has reportedly beaten 'Avatar: The Way of Water' to become the highest-grossing Hollywood film in India.
''It is not only necessary to have a leader in place to lead the Group beyond Feb 2027, but also clarity on leadership is important for employees, investors, partners and other stakeholders,'' said N Chandrasekaran in his statement.