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Tata Sons board members, including Venu Srinivasan and Ajay Piramal, took a tour of the facilities of Tata Electronics in Bangalore and Hosur, which is set to become the conglomerate's primary chip-manufacturing vehicle. Tata Electronics hosted the entire Tata Sons brass for its board meeting, where Chairman N Chandrasekaran discussed the future growth plans, top sources aware of the plant visits told ET.

Thierry Bollore, the CEO of Jaguar Land Rover, has resigned from the company citing personal reasons.Theirry Bollore joined Jaguar Land Rover as the CEO in September 2020.

► The challenges facing the sector... ► ...and car makers' plans for the future The boss of Bentley Motors has warned that the added cost of a hard Brexit would slice a quarter off the car maker's profits worldwide - and admitted that a last-minute deal with the EU was at the top of his Christmas wishlist. Speaking the week before Christmas, chairman and CEO Adrian Hallmark said: 'I sincerely hope some kind of common ground can be found in these last days of negotiations with the EU to find a credible trade deal. While a hard Brexit would not kill us, it would dent our profitability and m...