Noel Tata's daughter Maya Tata is reportedly set to move out of Tata Digital as the holding entity for Tata Neu, BigBasket, 1mg, Croma and Tata CLiQ undergoes restructuring. The review follows Tata Neu's scaling challenges since its April 2022 launch.

Moneycontrol · News Web · 6/2/2026, 3:58:38 PM

Noel Tata's daughter Maya may exit Tata Digital — parent of BigBasket, Tata Neu, Croma and 1mg — for a role at Trent, where brother Neville already runs Star Bazaar. The shift comes as Tata Digital absorbs ₹24,000 crore in investment, weighs a ₹7,000 crore equity infusion, and halves Tata Neu's workforce.

Outlook Business · 6/2/2026, 9:13:39 AM

Tata Trusts chairman Noel Tata has questioned Tata Sons' proposed ₹7,000 crore equity injection into Tata Digital, flagging aggressive 45% revenue growth assumptions and ₹9,000 crore in projected cumulative losses over three years. He even queried whether the group should continue owning Tata Cliq, as BigBasket's market share has slipped to 7% from 40% in 2021 amid quick-commerce onslaught.

Outlook Business · 6/2/2026, 9:13:39 AM

Noel Tata's daughter Maya is reportedly weighing an exit from Tata Digital, the Rs 24,000 crore super-app arm housing BigBasket, Croma, Tata 1mg and Tata Neu, as the unit undergoes restructuring. She is exploring positions at Trent or Tata Consumer Products.

Business Today · Latest · 6/2/2026, 6:05:08 AM

Board reviewed a ₹7,000 crore equity infusion into Tata Digital despite ₹9,000 crore in projected losses over three years. Noel Tata flagged aggressive 45% growth assumptions as BigBasket's market share collapsed from ~40% in 2021 to ~7%, squeezed by Zepto, Blinkit and Swiggy Instamart in quick commerce.

CNBC-TV18 · Companies · 6/2/2026, 3:09:43 AM

Noel Tata's daughter Maya may leave Tata Digital amid a brutal restructuring that has halved Tata Neu's headcount and accumulated Rs 24,000 crore in losses. A pivot to Trent or Tata Consumer Products signals where the family is placing its retail bets.

Times of India · Business · 6/1/2026, 7:55:41 PM

Tata-owned Croma stacks bank cashback, exchange bonuses up to Rs 23,500, Tata Neu Coins up to Rs 4,974 and a free adapter to pull iPhone 17 to Rs 44,768 against Rs 82,900 MRP. MacBook Air M5 lands at Rs 73,540, with iPhone 15 and 16 at Rs 36,891 and Rs 40,041. Runs across stores and online.

NDTV Profit · 6/1/2026, 2:30:29 PM

DRAM prices nearly doubled YoY, forcing Rs 500-4,000 hikes per device. Budget and mid-range take hardest hit: 40+ models in Rs 20-30k band up 3-19%, laptops up 15-30%. Retailers brace for demand slowdown as consumers defer purchases; premium tier insulated.

Business Today · Latest · 6/1/2026, 9:21:29 AM

Tata-owned Croma is running an 'Everything Apple' sale across stores and online until June 14, stacking bank cashback, exchange bonuses and Tata Neu Coins to push effective prices on MacBook Air M5 to Rs 73,540 (vs Rs 1,19,900) and iPhone 17 to Rs 44,768 (vs Rs 82,900), with accessories worth Rs 12,500 bundled in.

Business Today · Latest · 6/1/2026, 7:56:07 AM

Tata Sons reviews Tata Digital amid mounting capital-intensive losses. New CEO Sajith Sivanandan is repositioning Tata Neu from a consumer-facing super-app into loyalty and payments connective tissue across BigBasket, 1mg, Croma and Cliq, after BigBasket ceded quick-commerce share to Blinkit, Zepto and Swiggy Instamart.

Financial Express · BrandWagon · 5/31/2026, 8:13:25 PM

Tata Sons chairman briefed the board on a three-year roadmap to turn around loss-making bets including Tata Digital (BigBasket, Croma) and Air India, which posted a ₹10,859 Cr FY25 loss. Tata Electronics hit consolidated break-even. Noel Tata flagged execution risk; June board to revisit.

Outlook Business · 5/27/2026, 5:59:08 AM

Chairman N Chandrasekaran has unveiled a three-year roadmap to stem losses across Tata's new businesses, after combined FY26 losses ballooned to Rs 29,000 crore versus an earlier Rs 5,700 crore projection. Noel Tata pressed on BigBasket's thin margins and Croma's profitability path; Air India alone accounts for Rs 26,800 crore of the FY26 drag.

Times of India · Business · 5/26/2026, 10:49:22 PM

Tata Sons concluded its board meeting in Mumbai with outcomes yet to surface. Parent-level decisions on capital allocation, leadership and group strategy will ripple across retail arms — Trent, Titan, Croma and Tata Consumer — shaping store rollouts and category bets in coming quarters.

Moneycontrol · News Web · 5/26/2026, 9:43:53 PM

Tata Sons chairman N. Chandrasekaran will present a refreshed business roadmap to the board, recalibrating priorities across operating companies including Trent, Titan, Tanishq and Croma. The move follows recent leadership and governance shifts at Tata Sons and Tata Trusts, signalling a potential reorientation of group retail strategy.

Moneycontrol · News Web · 5/26/2026, 4:54:10 PM

Tata Sons board examined capital allocation across loss-making Tata Digital units BigBasket, 1mg and Croma alongside Air India's $2.8B FY26 loss. Group reaffirmed $100B+ commitment to emerging businesses including Tata Electronics, Agratas and Tejas Networks.

The Hindu BusinessLine · 5/26/2026, 3:31:06 PM

Mumbai board meet reviews future of Tata Digital stack — BigBasket, Croma, Tata CLiQ, Tata Neu, 1mg — alongside Air India, with FY26 aggregate losses near Rs 29,000 crore. Rs 24,000 crore already deployed in Tata Digital; Rs 20,000 crore debt repaid against Rs 1.75 lakh crore asset base.

Financial Express · BrandWagon · 5/26/2026, 1:08:02 PM

Tata Sons chairman faces board on May 26 with roadmap for new-economy units after FY26 losses ballooned to Rs 29,000 crore against Rs 5,700 crore projected. Tata Digital (BigBasket, 1mg, Croma, CLiQ, Neu) has absorbed Rs 24,000 crore; Air India alone is bleeding $3bn this year.

Times of India · Business · 5/22/2026, 1:57:41 AM

MSI rolls out a multi-channel student laptop push in India, spanning gaming (Raider 18 HX ₹3.99L, Katana 15 ₹94,990), creator and productivity SKUs. Distribution runs through Croma, Vijay Sales, MSI Brand Stores and a Flipkart-exclusive sale May 4–15, 2026, backed by Bajaj/ShopSe/PineLabs EMIs up to 24 months and ₹4,999 warranty extensions.

Indian Express · Business · 5/15/2026, 1:54:56 AM

Delhi-based ODM Mekr Technologies raised ₹67 crore led by Avaana Capital with Titan Capital Winners Fund. Capital targets R&D, tooling and supplier localisation across 100+ SKUs for 40+ brands including Croma, Wipro and Amazon Basics, chasing a ₹40,000 crore appliance market growing 7-9% CAGR.

Outlook Business · 5/14/2026, 1:28:36 AM