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'sResignationFromGovernmentPostsSparks Buzz
FormerTCS chief S Ramadorai,a keyofficial drivingthe government'sambitiousskill development
agenda,hasresigned fromthe postsof chairmanof National Skill DevelopmentAgency(NSDA)and
National Skill DevelopmentCorporation(NSDC).
#DigitalErra Thought Corner
In a major shakeup,Tataold-timerSRamadorai resignedaschairmanof the government’sskill
developmentagenciesNSDA andNSDCsparkingspeculationthathe mightbe headingbackto India’s
largestconglomerate.HisresignationhasbeenacceptedbyPrime MinisterNarendraModi.
Meanwhile RohitNandan,Vice-Chairmanof the GoverningBodyandSecretary,Ministryof Skill
DevelopmentandEntrepreneurship,hasbeenappointedinterimheadof NSDA.The NSDCBoardislikely
to meettomorrowtodiscussthe future road map,postthe resignation.
Mr. Ramadorai’s journeyin TATA
He has workedwithTCSfor42 years,havingtakencharge as CEO in1996 whenthe company'srevenues
were at $155 million.InOctober2009, the time he completedhistenure asCEO,TCS's revenuesstood

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at a $6 billion.Hisresignationhastriggeredtalkthathe mightbe headingbackto the Tata Group where
a search committee islookingfora full-time chairmanafterthe boardof Tata Sonsousteditsfirstnon-
familychairman,CyrusMistry,lastmonth.
Currently,Mr Ramadorai isalsothe chairmanof BombayStock Exchange (BSELimited) andAirAsia
(India),the Tata'sairline jointventure withMalaysia'sAirAsiaBhd.Lastweek,currentCEOof TCS, N
Chandrasekaran,andRalf Speth,CEOof JaguarLand Rover,were appointedasadditionaldirectorsof
Tata Sons board.
(ExcerptstakenfromPTI)
Indistinctpath ahead for Tata Empire
A weekafterthe takeoveratTata SonsLtd, CyrusMistry isstill the chairmanand non-executive director
of Tata Motors Ltd, ownerof Jaguar Land Rover;Tata PowerLtd and IndianHotelsCo.Ltd,whichruns
the Pierre inNewYork,the companiessaidinstockexchange filingsTuesday.TataSonsdoesn’tholda
majorityof the stock inthose and othergroupunits,makingthe taskof evictingMistryfurtherdifficult.
“The longdrawn-outbattle will slowlyandgraduallyerode the ’Tata premium’that group companies
traditionallyenjoyed,” saidA.K. Prabhakar,head ofresearch at IDBI Capital MarketServices Ltd.
Since Mistry’sremoval asgroupchairman,Tata’s listedcompanieshave lostacombined$3.5billionin
marketvalue.

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Future of TCS
Mistry isalsochairmanof software servicesfirmTataConsultancyServicesLtd,the mostvaluable asset
inthe group,buthere,Tata Sons holdsamajoritystate of 73% of that unit.Meanwhile,Tatawouldjust
like tostripMistry of chairmanshipandnot fromthe positionof director.“If the ideaisto onlyremove
Mistry as a chairman,thenthe board can expressnoconfidenceinhimandaskhim to stepdown”said
ShriramSubramanian,founderof proxy-advisoryfirmInGovernResearchServices.
Conclusion
The confusion and vaguenessin thedivided managementwillaffecton theearningsas wesaw fromthe
tumbling shares.An absenceof decision-making authority willdelay and defersolving of critical issues
pertaining to the operationsof thecompanies.Thingswill beset in motion oncethe managementisback
to its normal.