India Inc hails N Chandrasekaran elevation as Tata Sons' chairman
As Tata Sons named TCS boss N Chandrasekaran as its new chairman ending months of speculation, industry leaders, and Twitterati gave their thumbs up, expressing optimism on the future of the country's largest conglomerate.
"We heartily welcome the appointment of Chandrasekaran as the chairman of Tata Sons. We are sure that this will enable the Tata Group to continue in its endeavour in retaining their premiere position in the country," SBI chairman Arundhati Bhattacharya said in a statement.
Within minutes of the announcement N Chandrasekaran, and #TataSons was trending among the top three topics of discussion on the social media platform.
Chanda Kochhar of ICICI Bank said, "I congratulate Chandra on his appointment as the chairman of Tata Sons. He has led TCS to become a global technology major. His global experience, deep business acumen and long association with the Tata Group will prove invaluable in his new role."
ALSO READ: All you need to know about Tata Sons new executive chairman N Chandrasekaran
"I have interacted closely with him over the years, including in government-industry forums. He is always warm, engaging and insightful. I wish him all the very best," she added.
"Congratulations,Chandra. You are now custodian of an Indian Icon. You have broad enough shoulders to assume that responsibility," Anand Mahindra of the Mahindra Group said.
Congratulations, https://t.co/CkXbyB9dST are now custodian of an Indian Icon. You have broad enough shoulders to assume that responsibility! https://t.co/6nOMwn96Ph
— anand mahindra (@anandmahindra) January 12, 2017
Uday Kotak of Kotak Mahindra Bank also expressed his hearty congratulations on Twitter.
TCS acting chairman Ishaat Hussain, who is also a Tata old-timer, expressed his support for the move, tweeting, "He is absolutely the perfect choice, a great leader."
Shikha Sharma of Axis Bank said "Chandrasekaran is a truly deserving choice for the job as he understands the ethos of the Tata Group. Over the years, under his leadership TCS has emerged as a bellwether for the industry and a global force to reckon with. I am confident that under his able leadership, he would take Tata Sons to newer heights."
ALSO READ: Tata Sons appoints N Chandrasekaran as new executive chairman
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
08:57 PM IST