N Chandrasekaran resigns as Tata Sons chairman: Reports

Tata Sons Chairman N Chandrasekaran has resigned ahead of the group's annual general meeting on August 18, according to multiple reports. Chandrasekaran will complete his term but won't seek reappointment. Tata Sons in February postponed a decision on Chandrasekaran's reappointment after Noel Tata, chairman of the group's charity arm Tata Trusts, reportedly opposed the move.