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Tata group shares rise on report of new five-year term

Shares of Tata group companies rose after a report said Tata Sons’ board approved a fresh five-year term for executive chairman N. Chandrasekaran. TCS gained 1.7%, Tata Motors Passenger Vehicles rose 5.4%, and Tata Motors also advanced.

TMPVTCSTMCV

NS) has approved a fresh five-year term for N. Chandrasekaran as executive chairman. 4% and Tata Motors NSE:TMC…