Chandrasekaran, who currently heads software giant Tata Consultancy Services, will take charge from February 21 -- replacing former chairman Cyrus Mistry who was ousted by Tata Sons, the holding company of the sprawling $103 billion Tata Group.
Cyrus Mistry resigns from all Tata companies
"The Board of Directors of Tata Sons, at its meeting today, appointed Mr. N. Chandrasekaran as Executive Chairman," Tata Sons said in a statement.
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