Who’ll be next Tata Sons Chairman? TV Narendran or Saurabh Agarwal? But, NSE’s Ashish Chauhan emerges as dark horse

While Narendran has emerged as the frontrunner among internal candidates, Agrawal is also in the reckoning with his investment-banking and capital-allocation experience. Chauhan, a veteran of India's capital markets and one of the founding executives of the NSE, could turn out to be the dark horse.