Tata Sons board faces D-Day: loss-making units, Noel-Chandra rift, IPO question on the table
Tata Sons board convenes to confront mounting losses at Tata Digital and Air India, with unlisted entities' FY25 loss of ₹10,905 cr projected to balloon to ₹29,000 cr. Friction between chairman Noel Tata and N Chandrasekaran, plus the unresolved IPO listing question, frames a pivotal governance moment for India's largest conglomerate.
Tata Sons board meets to review loss-making units including Tata Digital and Air India amid Noel Tata–Chandrasekaran friction and IPO question, with FY25 unlisted losses of ₹10,905 cr projected to widen to ₹29,000 cr.
Why this matters
Follows prior signals on Tata Digital and Air India losses doubling, Chandrasekaran's reappointment review, and stalled Tata Trusts board reshuffle—compounding governance pressure on the group.
Leadership signals steady at 89 in the last 90 days across the retail intelligence stream.
Also reported by
- Mint — Same time