Repairing Tata brand, fixing legacy hotspots key challenges for Chandra

New chairman will have to focus on relations of companies with Tata Sons, Tata Trusts

N Chandrasekaran, popularly known as Chandra, has a long list of challenges as he takes over as Tata Sons chairman. These include improving relations of operating companies with Tata Sons and Tata Trusts, and also with independent directors of group companies, which touched a new low in the recent past. 

He will also have to sort out legacy hotspots that have adversely impacted the group’s financials. The new chairman will have to take steps to repair the Tata brand that was damaged because of allegations of corporate governance shortfalls made by Cyrus Mistry, who was ousted in October last year.