Former TCS chief S Ramadorai, a key official driving the government's ambitious skill development agenda, has resigned from the posts of chairman of National Skill Development Agency (NSDA) and National Skill Development Corporation (NSDC).

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Former TCS Chief's Resignation FromGovernment Posts Sparks Buzz
Former TCS chief S Ramadorai, a key official driving the government's ambitious skill development
agenda, has resigned from the posts of chairman of National Skill Development Agency (NSDA) and
National Skill Development Corporation (NSDC).
#DigitalErra Thought Corner
In a major shakeup, Tata old-timer S Ramadorai resigned as chairman of the government’s skill
development agencies NSDA and NSDC sparking speculation that he might be heading back to India’s
largest conglomerate. His resignation has been accepted by Prime Minister Narendra Modi.
Meanwhile Rohit Nandan, Vice-Chairman of the Governing Body and Secretary,Ministry of Skill
Development and Entrepreneurship, has been appointed interim head of NSDA. The NSDC Board is
likely to meet tomorrow to discuss the future road map, post the resignation.
Mr. Ramadorai’s journey in TATA
He has worked with TCS for 42 years,having taken charge as CEO in 1996 when the company's revenues
were at $155 million. In October 2009, the time he completed his tenure as CEO, TCS's revenues stood at

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a $6 billion. His resignation has triggered talk that he might be heading back to the Tata Group where a
search committee is looking for a full-time chairman after the board of Tata Sons ousted its first non-
family chairman, Cyrus Mistry, last month.
Currently, Mr Ramadorai is also the chairman of Bombay Stock Exchange (BSE Limited) and AirAsia
(India), the Tata's airline joint venture with Malaysia's AirAsia Bhd. Last week,current CEO of TCS, N
Chandrasekaran,and Ralf Speth, CEO of Jaguar Land Rover, were appointed as additional directors of
Tata Sons board.
(Excerpts taken from PTI)
Indistinct path ahead for Tata Empire
A week after the takeover at Tata Sons Ltd, Cyrus Mistry is still the chairman and non-executive director
of Tata Motors Ltd, owner of Jaguar Land Rover; Tata Power Ltd and Indian Hotels Co. Ltd, which runs
the Pierre in New York, the companies said in stock exchange filings Tuesday. Tata Sons doesn’t hold a
majority of the stock in those and other group units, making the task of evicting Mistry further difficult.
“The long drawn-out battle will slowly and gradually erode the ’Tata premium’ that group companies
traditionally enjoyed,” said A. K. Prabhakar,head of research at IDBI Capital Market ServicesLtd.
Since Mistry’s removal as group chairman, Tata’s listed companies have lost a combined $3.5 billion in
market value.

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Future of TCS
Mistry is also chairman of software services firm Tata Consultancy Services Ltd, the most valuable asset
in the group, but here,Tata Sons holds a majority state of 73% of that unit. Meanwhile, Tata would just
like to strip Mistry of chairmanship and not from the position of director. “If the idea is to only remove
Mistry as a chairman, then the board can express no confidence in him and ask him to step down” said
Shriram Subramanian, founder of proxy-advisory firm InGovern Research Services.
Conclusion
The confusion and vagueness in the divided management will affect on the earnings as we saw
from the tumbling shares. An absence of decision-making authority will delay and defer
solving of critical issues pertaining to the operations of the companies. Things will be set in
motion once the management is back to its normal.