Latest in the line is Tata Sons Chairman N Chandrasekaran, who has decided not to seek another term. A day earlier, Vijay Singh had resigned from Tata Trusts and decided not to continue as CEO. Regulatory rules around a possible public listing of Tata Sons created differences between Tata Trusts and the management. Tata Trusts wanted stronger commitments to keep Tata Sons unlisted. With a new structure taking shape, differences between Tata Sons’ business priorities and Tata Trusts’ philanthropic responsibilities became more visible.