 "N Srinath")
N Srinath, CEO of Tata Trusts, will be retiring on his superannuation. A new CEO of the Tata trusts will be announced soon.
Before taking over as Tata Trusts CEO, Srinath led Tata Teleservices, which had made huge losses due to various reasons. Apart from repaying bank debt worth close to Rs 46,000 crore, the company bought back NTT Docomo's stake in Tata Indicom for $1.2 billion. The firm still owes Rs 20,000 crore to the Indian government as AGR (adjusted gross revenue) dues.
One of the first tasks of current Tata group chairman N Chandrasekharan in 2017 was to
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