he is chandrasekaran was always a front runner.eone chandrasekaran was always a front runner. he is someone who has spent his entire life in the tata group, hejoined their it his entire life in the tata group, he joined their it firm his entire life in the tata group, hejoined their it firm in 1987 his entire life in the tata group, he joined their it firm in 1987 and rose through the ranks to become the chief executive of that company in 2009, and now on 21 february it will ta ke 2009, and now on 21 february it will take over as the chairman of the tata group. but in many ways he is an outsider as well, it was in the 150 year long history of the tata group, he is actually the first chairman who is not from this very close—knit farsi business community which for decades has dominated indian business and even today holds great sway over business here. he is well respected and lots of corporate bosses welcomed him becoming the chairman. but of course, we will know how shareholders react to this in about 2.5 hours from now, when marke

chandraseka ran and takes group group in march. —— chandrasekaran and takes charge in march.beating, and the businesses, many of which are in a lot of trouble. we appreciate you giving us the update. let's stay with the markets. asian shares are on track for a weekly games today. while the dollar is poised for a losing week. investors disappointed that mr trump failed to elaborate on stimulus plans at a news conference two days ago. europe — pretty much the same disappointment. remember all of this after that global rally fuelled by hopes that the president—elect would see a boost to the us economy, but trading floors are turning more quiet with talk that the surge may have been overdone. but for now let's find out what should be making the biz headlines over in the us today, here's samira. the week will end with a lot of earnings news from top us banks as jp morgan, bank of america and wells fargo will all report. jp morgan is the biggest us bank by assets and investors there will be looking to see if future profits will match expectations that have already driven the stock

tata natarajan chandrasekaran group has named natarajan chandrasekaran, replacing cyrus mistry.arajan chandrasekaran has been the head of asia's biggest software exporter since 2009. shares have tripled, while net income has grown fourfold, making it india's largest company by market value. natarajan chandrasekaran is also on the board of the indian central bank. plummeting after the company was accused of cheating on diesel emissions. the epa says software was put into vehicles allowing them to exceed pollution limits. met allmaker saying it the necessary regulatory requirements. this comes after vw agreed to pay $4.3 billion for its own in emissions scandal. the founder of sky bridge capital is said to have been named an assistant to president-elect donald trump. it is believed he will take on an advisory role after being an early supporter and member of his transition team. hisas been seeking to sell hedge fund firms and preparation for a possible white house role. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this i