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India's Tata group shares rise after report of fresh term for chairman Chandrasekaran

India's Tata group shares rise after report of fresh term for chairman Chandrasekaran

- Shares of major Tata group companies rose on Thursday after a report that said the board of Tata Sons TATO.NS has approved a fresh five-year term for N. Chandrasekaran as executive chairman.

IT major TCS TCS.NS was up 1.7%, Tata Motors Passenger Vehicles TAMO.NS rose 5.4% and Tata MotorsTATM.NS climbed 3%.


(Reporting by Nishit Navin; Editing by Janane Venkatraman)

((Nishit.Navin@thomsonreuters.com;))

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