Shares of India’s Tata Group companies wiped out 433 billion rupees ($4. 5 billion) in market value Wednesday after Chairman Natarajan Chandrasekaran said he will step down when his term ends in February, deepening a leadership crisis.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-12/tata-group-erases-4-5-billion-in-value-as-chairman-plans-exit)