N Chandrasekaran deserves everyone’s good wishes as he prepares to head the Tata Group, the reputation and market cap of which have been dented due to unsavoury incidents. It is a measure of the damage that people care to discuss immaterial topics such as non-family, non-Tata, non-Parsi in the context of a group that places so much value on corporate governance.
The core question remains: What is the role of the Tata Sons chairman as the de-facto Tata Group chairman? That would define the degree of freedom and power the group companies’ chief executives and boards may expect, and the limits
