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A rare boardroom clash has erupted at Tata Sons, India's principal holding company for the century-and-a-half-old Tata Group, after the board extended chairman N. Chandrasekaran’s term and announced steps toward a public listing. The move set the board at odds with majority shareholder Tata Trusts and its chairman, Noel Tata, touching off disputes over governance, regulatory compliance and the future ownership structure of the conglomerate.
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