Tata Sons board greenlights three-year turnaround for Air India, Tata Digital amid Rs 29,000 cr unit losses
The $180 billion group's board reviewed plans to fix loss-making ventures, with Air India and Tata Digital expected to bleed for three more years. Unlisted-unit losses are projected at Rs 29,000 crore in FY26, even as Tata Electronics closes in on Rs 1 trillion revenue.
Tata Sons board reviewed turnaround plans for loss-making units; Air India and Tata Digital expected to keep posting losses for three years, with unlisted-unit losses hitting Rs 29,000 crore in FY26, while Tata Electronics nears Rs 1 trillion revenue.