The board of Tata Sons, the holding company of the $100-billion Tata group, today conferred the honorary title of chairman emeritus on Ratan Tata, the group’s outgoing chairman. The board also announced the appointment of Cyrus Mistry as the chairman after Tata’s retirement on December 28.
As chairman emeritus, Tata will not attend Tata Sons board meetings or have any day-to-day responsibility. Over the past week, Tata was appointed chairman emeritus of various group firms, including Tata
Ratan Tata chairman emeritus, Ratan Tata motors, Tata Sons board,tata chemicals Ratan
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