Top headlines: Chairman rules out Tata Sons' revamp; telcos get govt relief

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Ratan Tata, Chandrasekaran deny reports of leadership changes at Tata Sons

Patriarch of the Tata Group, Ratan Tata and Tata Sons chairman, N Chandrasekaran have denied today that there is any change at the top leadership at Tata Sons, the holding company of Tata Group.

“I am extremely disappointed with the recent media reports regarding a major revamp in the Tata group's organisation framework through a speculative company wise restructure with me seen to be critical to implementing this change. Such speculation can only serve to cause disruption amongst a team that has been operating smoothly with impressive growth in market value”,