Noel Tata Pushes Back on ₹7,000 Cr Tata Digital Infusion as Losses Pile Up
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.
Noel Tata pushes back on Tata Sons' ₹7,000 crore Tata Digital infusion, citing 45% growth assumptions and ₹9,000 crore in projected losses.
Outlook Business · 6/2/2026, 9:13:39 AM · Ask about this →
Tata Digital BigBasket Croma Tata 1mg Tata Cliq Tata Neu Tata Sons