Chandrasekaran faces uphill task as Tata Sons boss. Is he ready?

 As Natarajan Chandrasekaran takes the helm as Tata Sons Chairman, there are challenges that may bog him down but well-wishers feel the 54-year-old is well-equipped to handle the challenges that the top job entails. Among the many issues that Chandrasekaran inherits will be loss-making telecom unit Reliance Communications -Aircel merger. Besides, there are several legal wrangles waiting to be sorted with its former JV partner NTT DoCoMo both in India and abroad. Next are the allegations and legal recourse sought by predecessor Cyrus Mistry’s and his camp. Mistry was unceremoniously ousted as a Tata Sons Chairman in October 2016 Besides, group units like   posted a 96 percent dip in profits on the back of weak JLR performance and unstable product mix. There are industry-wide concerns over US President Donald Trump’s policies on H-1B visas.

 Visa regime overhaul can affect TCS’ operations and has been pressuring TCS shares on the bourses. In fact, the company had announced buybacks on Monday evening. Chandrasekaran has to ensure that the Tata Group doesn’t depend as much on TCS and JLR. Though he has run TCS and gave it a new face, Chandrasekaran hasn’t revamped or run a conglomerate. He has to pull up his socks to ensure Tata Sons and group companies weather any possible storm.Chandrasekaran's well-wishers back him and expect him to take the group to the next level. Chandrasekaran has shown the ability to revamp models at Tata Consultancy Services, Vallabh Bhansali of Enam Securities told  He has to handle migration of role — from reporting to the board earlier to being the chief of Tata Sons, Bhansali said. Chandrasekaran is an engineer at heart and that means he is process-driven, Bhansali said, adding along with his peoples skills, Chandra will be in control of things and will do a great job Profits are the oxygen for any company and Chandrasekaran should focus on creating, sustaining and growing profits for the Tata Group, Bhansali said. He added that the 54-year-old cannot afford to ignore profit growth in existing operations and scout for opportunities to scale up profits

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