With just two weeks left for Tata Motors CEO Guenter Butschek's term to come to an end, the flagship of India's largest conglomerate, the Tata Group, is yet to name his replacement. But it withdrew the chief executive job offer a month later in an unusual U-turn for such a high-level automotive appointment. There is speculation that Butschek's term could be extended again. His original five-year tenure with tata motors had ended in february and his contract was renewed for another four and a half months. The Tata Motors board will meet on Thursday to consider Butschek's extension or a CEO's appointment. Tata motors declined to comment for this report, which it described as speculative. It said that it's the prerogative of the nomination & remuneration committee and the board to make this decision. If Tat Motors is without a CEO after June 30, it will be the fourth time in the past 27 years where it is without a chieftain and where its operations will have to be overseen by the chairman N Chandrasekaran. The convention in the travel industry has always been to reward the early bird, book, pay early and bag a discount. But two major travel companies have come together to launch a scheme under which the tourist can pay after returning from the Holiday. India smartphone users consumed an average of 14,6 GB data per month in 2020 against 13 GB per month in 2019, according to a report. This is the second-highest data usage in the world, and is projected to reach around 40 GB per month by 2026. Also India had the most net mobile subscription additions globally the report said. Butschek, also a German national, has been managing Tata Motors from his home country Austria for most of the pandemic. If Butschek's term is further extended till tata motors finds his successor, he would prefer continuing to work from Austria, it is learned.
