After all, Chandrasekaran had little option but to continue the clean-up initiated by his predecessor Cyrus Mistry. Mistry had done much of the heavy-lifting for which he got very little credit. Chandrasekaran has done well to complete the sale of Tata Teleservices, a millstone around the group's neck, and also restructure Tata Steel with the stake sale in the southeast Asia business. But it's going to be a while before Tata Steel and Tata Motors contribute meaningfully to the group's profits and market capitalisation. Tata Steel is back on its feet now having sold or mothballed plants in Europe and Asia. In May 2015, under Mistry's watch, the company took a large non-cash goodwill impairment charge of Rs 5,000 crore, the beginning of the clean-up.