India, Sept. 17 -- The board of India's Tata Sons on Thursday said it has approved a fresh five-year term for N Chandrasekaran as executive chairman, reversing his decision last month not to seek reappointment.

The group said Chandrasekaran was "unanimously" asked to reconsider his decision, in recognition of his contributions and the larger interests of the Tata Group, at the Nomination Remuneration Committee (NRC) meeting of the board on September 3. At the meeting of the Board on September 17, "Chandra accede" to the Board's request to re-consider his decision," according to the statement.

"The Board received from Tata Trusts their unanimous resolution dated July 28, 2025 expressing their appreciation of the Chairman of Tata Sons, Mr...