Tata family members and a handful of senior executives, including Tata Steel Ltd.’s Thachat Viswanath Narendran, are emerging as contenders to lead the 158-year-old conglomerate, according to people familiar with the matter.
The search began after Natarajan Chandrasekaran said he would step down as chairman of Tata Sons Pvt. when his term ends in February, setting off an unexpected leadership transition at a group that is a household name across India.
