Noel Tata begins search for next Tata Sons chairman

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Noel Tata, who chairs the Tata Trusts, has initiated the process of identifying a successor for the top role at Tata Sons. As part of this effort, Tata and a fellow trustee held a meeting with Deepak Parekh, the former chairman of HDFC. The consultations suggest that the selection process for the next Tata Sons chief is now formally underway. Parekh, a veteran of Indian business, is believed to have been approached for his counsel on the matter.

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