TCS, Tata Motors PV, Tata Steel shares slide up to 6% as N Chandrasekaran steps down; key details

Shares of Tata Consultancy Services (TCS) were trading sharply lower in the morning trade on Wednesday, August 12, after N Chandrasekaran, the chairman of Tata Sons — the principal investment holding company of the $400-billion Tata Group — said he will not seek reappointment when his current term ends on February 20, 2027.

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