Chandrasekaran family's TVS link surfaces as Srinivasan judges his term
New Delhi, Sept. 22 -- Family members of Tata Sons chairman N. Chandrasekaran hold business relations with TVS Motor Co. Ltd even as the automaker's chairman-emeritus Venu Srinivasan cast a decisive vote for a fresh term for Chandrasekaran last week, documents show. Mint could not independently ascertain if either Chandrasekaran or Srinivasan updated the Tata Sons board about the relationship, a failure of which could constitute a potential violation of the Tata Sons Code of Conduct.
Srinivasan is a vice-chairman of Tata Trusts and a member of Tata Sons' nomination and remuneration committee, which reviews Chandrasekaran's performance. The Tata code of conduct defines a conflict of interest as happening when an employee "can get an unfai...
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