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A year on, Tata Sons chief Chandrasekaran shines bright over Bombay House

The Tatas have also impressed the Indian car buyers with a new range of passenger cars

N Chandrasekaran, chairman, Tata Sons
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N Chandrasekaran, chairman, Tata Sons

Krishna Kant Mumbai
N Chandrasekaran, who completes a year as Tata Sons chairman on Wednesday (February 21), is turning out to be lucky for India’s largest private sector business group. After years of losing money on two of the group’s biggest bets — the global steel business and domestic passenger cars — there are strong signs of a revival in both businesses.

Tata Steel reported a net profit for the third consecutive quarter in October-December 2017, after posting losses in seven of the nine preceding quarters. While it still has a lot of ground to cover, with accumulated losses of nearly Rs 152 billion