Ratan Tata denies the rumors to steps down as Interim chairman

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After the rumors which got viral in the media later this morning about the Ratan Tata exist from the Tata Sons trust a new chapter came in a mid way.  After seeing the rumor flowing around, Ratan Tata denies the hoax about his exists as an interim chairman from Tata son’s trust.

While responding to the alleged reports, Ratan Tata denies the report and clarifies that he has no plans to step down from the post of interim chairman of Tata Trust at this point of time.

Tata Sons issued a Press statement, “Further to news reports that have appeared in the media today, Ratan Tata, Interim Chairman, clarified that there are no plans for his stepping down from the chairmanship of the Tata Trusts at this point in time. The reference to the media discussion with some Trustees relate to the process being put in place for the leadership succession in the Trusts in the future, to enable an ordered and smooth transition of leadership”.

However, a leading daily published the confirmation report which says that Ratan Tata would step down from his interim chairman post.

R K Krishna Kumar said while interacting with the media, “The next chairman has to be someone who has the right vision and be in complete alignment with the will of the Tata group founders”.

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