Tata Sons director R Gopalakrishnan will step down from the board of Tata Motors, according to a report.
The report stated that Gopalakrishnan joined the Tata Motors board in 1998 and at present on the board of other Tata Group companies such as Tata Power, Tata Chemicals and Rallis India.
R Gopalakrishnan had decided not to offer himself for re-election as a director because of what he said were "personal reasons", says report.
India Infoline Research Team / 14:59, May 20, 2015
GPIL reported 13.5% yoy decline in operating profit as the impact of higher volumes was offset by lower product prices