Chandrasekaran had a meteoric rise in the Tata Group and was the chosen one of Ratan Tata to head Tata Sons. He joined Tata Consultancy Services as a trainee in 1987, rose to become its CEO before taking over as the chairman of Tata Sons in January 2017. Chandrasekaran’s decision to step down from the helm follows months of friction driven by policy differences with Tata Trusts chairman Noel Tata regarding capital allocation, governance, and the potential listing of Tata Sons. The Tata Sons board reviewed the turnaround strategy for loss-making businesses, including Air India, Tata Digital and Tata Electronics, amid the soaring financial burden of these new ventures. This was in contrast to Tata Sons’ efforts to remain private by repaying its debts and surrender its NBFC registration.