Business & Markets: India — Last 24 Hours

₹46,000 crore — the total market value erased from Tata Group stocks after Chairman N. Chandrasekaran announced he won't seek reappointment, triggering the biggest leadership crisis at India's most storied conglomerate since Cyrus Mistry's ouster.

The Exit

• N. Chandrasekaran steps down as Tata Sons chairman, refusing a third term when his current tenure ends February 20, 2027 — citing lack of board unanimity on his continuation
• **Boardroom fault...