Natarajan Chandrasekaran

Indian Businessman

Natarajan Chandrasekaran was born in Mohanur, Tamil Nadu, India on June 1st, 1963 and is the Indian Businessman. At the age of 60, Natarajan Chandrasekaran biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.

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Date of Birth
June 1, 1963
Nationality
India
Place of Birth
Mohanur, Tamil Nadu, India
Age
60 years old
Zodiac Sign
Gemini
Profession
Chief Executive Officer
Natarajan Chandrasekaran Height, Weight, Eye Color and Hair Color

At 60 years old, Natarajan Chandrasekaran physical status not available right now. We will update Natarajan Chandrasekaran's height, weight, eye color, hair color, build, and measurements.

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Natarajan Chandrasekaran Religion, Education, and Hobbies
Religion
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Hobbies
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Education
Coimbatore Institute of Technology, NIT Tiruchirappalli
Natarajan Chandrasekaran Spouse(s), Children, Affair, Parents, and Family
Spouse(s)
Lalitha Chandrasekaran
Children
Not Available
Dating / Affair
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Parents
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Natarajan Chandrasekaran Career

Chandrasekaran studied in a Tamil Government school in Mohanur. He later received a bachelor's degree in applied sciences from the Coimbatore Institute of Technology in Tamil Nadu. He earned his Master of Computer Applications (MCA) from the Regional Engineering College, Tiruchirappalli (now National Institute of Technology, Tiruchirappalli), in Tamil Nadu, India, in 1986. Joining TCS in 1987, Chandrasekaran took over as CEO on 6 October 2009, prior to which he was COO and executive director of TCS. Chandrasekaran is a senior member of Institute of Electrical and Electronics Engineers (IEEE), and an active member of Computer Society of India and British Computer Society. He was nominated as the chairman of Indian IT industry body NASSCOM in April 2015.

Career

Chandrasekaran has spent his career in TCS, joining the company in 1987 after completing a Masters in Computer Applications from Regional Engineering College, Trichy in Tamil Nadu.

Under his leadership TCS has generated consolidated revenues of US$16.5 billion in 2015-16. With over 556,000 consultants, TCS has become the largest private sector employer in India. TCS remains the most valuable company in India ended 2015–16 with a market capitalization of over US$70 billion. In 2015 TCS was rated as the world's most powerful brand in IT Services, and was recognized as a Global Top Employer by the Top Employers Institute across 24 countries.

On 25 October 2016, Chandrasekaran, then CEO and managing director of Tata Consultancy Services (TCS), was appointed an additional director on the Tata Sons board.

The Tata Sons board voted to remove Cyrus Mistry from the Chairmanship of Tata Sons on 24 October 2016.

In July 2018, the National Company Law Tribunal (NCLAT), issued a verdict in favor of Tata Sons on charges of mismanagement leveled by Mistry in 2016, two months following his ousting as chairman through a vote of non-confidence. On 10 July 2018, Mistry stated that he would appeal the decision.

In December 2019, the Tribunal reinstated Mistry as the Chairperson of Tata Sons for his remaining term, and declared that the appointment of Chandrasekaran as executive chairman was illegal.

In January 2020, Tata Sons appealed to the Supreme Court of India against NCLAT's decision. Mistry stated that he would not return to the Chairmanship of the conglomerate, but was interested in reserving his seat in the company's board. A three-judge bench comprising Chief Justice S. A. Bobde and Justices B. R. Gavai and Surya Kant stayed NCLAT's order while hearing Tata Sons' appeal on 10 January 2020.

The bench stated, "We find there are lacunae in the judicial orders passed by the NCLAT."

The Supreme Court also ordered that Tata Sons will not exercise power under Article 25 of the Company Law for pushing out shares of minority holders in the company.

Source

Natarajan Chandrasekaran Awards
  • Chandrasekaran has received several awards and recognition in the business community. India's central bank, the Reserve Bank of India appointed him as director on its board in 2016.
  • Mr. Chandrasekaran was also conferred with Honorary, Doctor of Science (D.Sc.) Honoris Causa Degree by Aligarh Muslim University at special annual convocation ceremony in 2021.
  • In Mar. 2022, Chandrasekaran has been honoured with Padma Bhushan by Government of India under Prime Minister Narendra Modi for excellence in Trade and Industry
  • He has served as the Chairperson of the IT Industry Governors’ at the WEF, Davos in 2015-16. Aside from being a member of Indo–US CEO Forum, he is also part of India's business taskforces for Australia, Brazil, Canada, China, Japan and Malaysia.
  • He served as the chairman of NASSCOM, the apex trade body for IT services firms in India in 2012-13 and continues to be a member of its governing Executive Council.
  • He was voted as the ‘Best CEO’ for the fifth consecutive year by the Institutional Investor's 2015 Annual All-Asia Executive Team rankings. During 2014, he was voted as one of CNBC TV 18 - ‘Indian Business Icons'.

Ministers to announce a £500 million bailout to save Port Talbot steelworks but 3,000 jobs are set to be axed

www.dailymail.co.uk, September 14, 2023
According to reports, Tata Group, the firm's Indian parent Tata Group, will pump £700 million into the company as it shifts to more eco friendly methods of steelmaking. In the United Kingdom, Tata Steel employs 8,000 workers, half of whom work at Port Talbot in South Wales. The agreement comes just weeks after the Tata industrial empire gave the Tata family another £500 million subsidy to convince it to build a UK 'gigafactory,' where it would produce vehicle batteries for Tata-owned car maker Jaguar Land Rover. Ministers have separately held discussions for months with Scunthorpe-based British Steel, another manufacturer, for an additional £500 million support package.

As talks for a major new trade agreement proceed, Kemi Badenoch praises the UK's 'thriving relationship' with India

www.dailymail.co.uk, August 24, 2023
Kemi Badenoch, the British Trade Secretary, arrives in Jaipur for a summit with her G20 colleagues before having critical talks in New Delhi. She and Commerce Minister Piyush Goyal will review the talks for a new deal between the UK and India, which are currently in their toughest stages. Mrs Badenoch will also consult with business executives, including Natarajan Chandrasekaran, chairman of Tata Group, which is constructing a £4 billion electric car battery plant in the United Kingdom.

Brexit helped the UK to secure £4billion deal for Jaguar Land Rover battery plant over European rivals - with Rishi Sunak hailing the decision as a 'fantastic vote of confidence'

www.dailymail.co.uk, July 20, 2023
Prime Minister Rishi Sunak and Natarajan Chandrasekaran, chairman of parent company Tata Sons, have been in talks since long-running talks and private discussions. Tata Group, an Indian conglomerate, said the site in South West England had been chosen ahead of a competitor location in Spain, and that production will begin in 2026. The company is set to invest £4 billion into the gigafactory, which is expected to result in the creation of 4,000 jobs, but the government is also expected to provide subsidies worth hundreds of millions of pounds.