Re­volv­ing Door

The Economic Times - - Economy: Macro, Micro & More -

Bom­bay House is see­ing a lot of traf­fic. That’s in­evitable af­ter such a pub­lic tran­si­tion. Ev­ery sec­ond day, there is a new hire--mostly a for­mer banker--or a high-pro­file exit as ad­her­ing to core Tata val­ues take cen­trestage once again. It seems new boss N Chan­drasekaran has a zero tol­er­ance pol­icy for any er­rors of omis­sion or com­mis­sion and some ex­ec­u­tives of a group com­pany have learnt this the hard way, we hear. The lat­est is a heavy­weight whose strate­gic de­ci­sions seem to have lost favour. The winds of change seem to be sweep­ing through the cor­po­rate head­quar­ters of the haloed Tata Group.

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