Shining star: Why is N Chandrasekaran best suited to lead Tata Sons

[prasad1]

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[FONT=&quot]After more than two months of high-profile boardroom battle at the Tata Group, Natarajan Chandrasekaran has been named the new chairman of Tata Sons, the holding company of the salt to software conglomerate.[/FONT]
[FONT=&quot]Chandrasekaran, fondly called ‘Chandra’ by people at Bombay House, Tata Group’s headquarters, took over Tata Consultancy Services in October 2009 as its CEO and managing director, and is credited for its turnaround. TCS is the most successful Indian IT company valued at $67 billion – that’s 60% of the group’s market value and 70% of Tata Son’s revenue.[/FONT]
[FONT=&quot]His friends often said, one day Chandra will become a corporate legend. Truly, he is.[/FONT]
[FONT=&quot]Chandra’s story is like a Bollywood saga of a small town boy making it big. He comes from Mohanur village in Tamil Nadu, where he spent his initial years, and now lives in a sea-facing apartment in Mumbai.[/FONT]
[FONT=&quot]On October 24, Ratan Tata took over the board after the ouster of Cyrus Mistry (Shapoorji Pallonji, Mistry’s family-promoted firm holds 18.4% stake Tata Sons) as the interim chairman, with a deadline that he will announce a new chairman within 90 days.[/FONT]
[FONT=&quot]Chandra has already proven his operational and leadership skills at TCS, but now has a much bigger duty to fulfill. The ugly spat between the Tatas and Mistrys has caused a dent in the group’s image. He will have to reconstruct that.[/FONT]
[FONT=&quot]Chandra, who joined TCS in 1987, grew up inside the Tata Group and learnt its values and ethics. This was one of the main reason why Mistry’s chairmanship didn’t go well with the Tata board. He wanted to alter the way the group has been running all these years.
http://www.hindustantimes.com/business-news/shining-star-why-is-n-chandrasekaran-best-suited-to-lead-tata-sons/story-jc7eSN0SLiXBwdzng8iqMJ.html

Congratulations and wish you all the success.[/FONT]

 

[prasad1]

[FONT=&quot]Here is a brief profile of Chandra, as he is called among his friends and close associates:[/FONT]
[FONT=&quot]• Chandrasekaran has been CEO and managing director (MD) of TCS since 6 October 2009. Before that he served as the chief operating officer at the firm.[/FONT]
[FONT=&quot]• He became executive director of TCS on 6 September 2007. Earlier in 2002, he took over the role as head of global sales at TCS.[/FONT]
[FONT=&quot]• He served as the non-executive chairman of TCS e-Serve Ltd, formerly known as, Citigroup Global Services Ltd and served as its Director since 31 December 2008.[/FONT]
[FONT=&quot]• He has been chairman and additional director of CMC Ltd since 17 October 2014. He also served as the chairman and member of executive council at National Association of Software and Service Companies till 8 April 2013.[/FONT]
[FONT=&quot]• He has been non-official director of Reserve Bank of India (RBI) since 5 March 2016.[/FONT]
[FONT=&quot]• He has been additional director of Tata Sons Ltd since 25 October 2016.[/FONT]
[FONT=&quot]• Chandrasekaran received a Master’s Degree in Computer Applications from the Regional Engineering College-Trichy, in Tamil Nadu, India in 1986 after obtaining a Bachelor of Science in Applied Science from the Coimbatore Institute of Technology.[/FONT]
[FONT=&quot]• He loves his daily run to improve his fitness levels. His family has a history of diabetes, as reported in Business Today.[/FONT]
[FONT=&quot]• Chandra was born in an agricultural family and had five siblings. His father, Srinivasan Natarajan, was a lawyer by profession but also managed the family farm.
http://www.hindustantimes.com/business-news/n-chandrasekaran-key-facts-about-the-new-tata-sons-chairman/story-NDtlt6eiOVtMutq7dGUUOO.html[/FONT]

 

[krish44]

Most important of all, chandrasekharan is a TB.

When other communities fight with each other, TBs move in to become compromise candidates often.

Tata group is full of TBs.

 

[vgane]

Chandra is the first Tamil & non Parsi to become the head honcho of Tata empire...Brilliant!! His selection is a vindication for meritocracy, for successfully running the jewel piece of Tata Sons- TCS with aplomb, his international exposure and his loyalty...He will uphold the Tata ethos and work as per the direction of the Tata sons board and guidance of his mentor Ratan Tata...Chandra was spotted by another TCS veteran Rama Dorai & groomed by him....Has studied in CIT & REC Trichy...Heartiest congratulations to Chandra!!

 

[CHANDRU1849]

Ramadurai is also a TB from Vathima Sect. His interview with Vijay Amirtharaj for CNN-IBN was very good.

 

[Brahmanyan]

Mr. N. Chandrasekaran, from Mohanur has many firsts to occupy highest post in Tatas. First non Parsi, first professional executive from ranks of the company, from a computer programmer in 1987 in TCS to Group Chairman.
Let us congratulate him on his meritorious success and wish him all success in his new endeavor.

Brahmanyan
Bangalore.

 

[vgane]

Chandra studied in Tamil Medium Government higher secondary school at Mohanur village ...Middle class rigor, Vedic (religious) knowledge and leading a spartan life are his hallmarks!! A Tambrahm to the core!!

http://timesofindia.indiatimes.com/...ekaran-elder-brother/articleshow/56508690.cms

 

[krish44]

Shares of TCS took a dip on his elevation inspite of good results.

He has been replaced by CFO in TCS.

The general feeling of the market is that TCS may not do well after his exit .

Even otherwise IT shares are facing the Trump effect