tata group, he joined their it firm his entire life in the tata group, hejoined their it firm in 1987e 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 markets open here. a self-made man indeed. so what challenges of this new chairman face with leading the largest conglomerate in india? well, firstly, tata group has taken a beating over the last several months because of this very public spat over the ouster of the

tempo mac only takes charge of tata group group in march. —— chandrasekaran group group in march. ——ekaran and takes charge in march. he has big challenges. the image of the group that has taken a 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 wil

. -- tata group. it has become a key sector and emerging markets. it is currently the operator of 35 airports around the world. ranking the company fourth globally. there, mumbai looking forward to a new airport. >> thank you very much. we are taking a short break. much more still to come on "france 24." çÑwwñyw0p 01/19/17 01/19/17 [captioning made possible by democracy now!] amy: from pacifica, this is democracy now! pres. obama: with respect to chelsea manning, i looked at the particulars of this case the same way i have the other commutations and pardons i have done. in light of all of the circumstances that commuting her sentence was entirely appropriate. amy: in his final press conference as president, barack obama defended his decision to commute the sentence of army

he has grown within the tata group from strength to strength.uple profits and expanded geographies going to be anis extremely challenging task. he takes over as the chairman of ons when the brand has been sullied like never before. he has to handle the legal challenges forced by cyrus mistry. secondly and more importantly, the relationship that tata sons that willata trust reinforce confidence among investors and see how this will go forward. thirdly, the challenge of perception. he has to prove himself that he is no puppet chairman in charge of tata sons, that is a man of his own and therefore the strategy he will unfold will be an adjusting one to watch. this was pretty much unexpected. the market will be comfortable with the fact that it is an insider who is taking over at tata sons. rishaad: right, then this leaves us with tata consultancy services, tcs, what happens there? >> no one saw this coming. natarajane sense is chandrasekaran still retaining control. there has also been an interesting move bringing back the position of coo in the co

tata consultant services, group gest business tats. he's been elevated to head the parent company.as recommended unanimously by the selection panel. so, let's take a look. he's been with the company least with the group for about 30 years. he joined in 187. c.e.o. since 2009. during the time we saw rofits quadruple, stock price obviously really outperforming the broader bench market in india. know, you look at the statement, he was described as a life. now, he also sits on the as you can see there, of the india central bank. that's that. he's being elevated from tcs. just to mention this as well, some of the other the current cfo will be, he's been in the ob, he'll be promoted to c.e.o. and we're also talking to current vice president. be taking e'll coo of president and tcs. we have officially those officially on the 21st of february. > david, as he takes over, what are his immediate challenges here? well, i mean, it's restoring a sense of normalcy. sending a very strong signal. not just to the market but the stake holders that they put this to to rest or at least all of these con

tata steel. he will have to work hard to repair damage to the group after the acrimonious sacking of the previousd serious ethical and governance problems at the company and is now being sued. so, he has got his work cut out for him. and that is it for today. tweet me and! him. and that is it for today. tweet me and i will tweet you back. i will be back later to talk about the papers. more needs to be done to protect patients from incompetent locum doctors. that's according to a review by the general medical council. the regulator says a reluctance to share information and a weaknesses in checks is allowing some poorly performing stand—in doctors to go undetected. elaine dunkley has more. the nhs is increasingly relying on locum doctors to deal with staff shortages in hospitals. some are charging up to £150 in us. questions have been raised over the cost. that is not the only concern. the general medical council says more needs to be done to make sure that all locum doctors are properly vetted. the report has looked at a number of problems. it found it was not always clear which organisation was

a filing from lawyers for tata sons says that cyrus mistry reduce the number of directors and accused him of never raising concerns about problems with the groupson and of things slow to react to losses. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. this is bloomberg. shery: thank you. founder as the latest big business figure two roll up to trump tower in manhattan. jack ma and the president u.s.-chinacussed ties and plans to create one million jobs over the next five years in the u.s.. . one million new jobs, how? >> if you look at what hourly bob has been saying since 2015 that they want to expand into the u.s., and they want more than 50% of the revenue to come from outside china, so negotiating new jobs in the u.s. is not new for allie obama. -- u.s. iseam can not new for alibaba. the trump team can claim this as a win. it,erms of how they will do the assumption is that if he manages to attract more than one million smes onto his platform and each creates one new job, they will create one million jobs. shery: this comes after trump has called for higher tariffs on trade with china