Tata Sons board huddles as Chandrasekaran reappointment, mounting unlisted-arm losses cloud group outlook
Tata Sons' board met in Mumbai amid leadership uncertainty over Chairman N. Chandrasekaran's renewal and rising losses at unlisted businesses—Tata Digital, electronics and Air India—that hit Rs 10,905 crore in FY25 and could swell toward Rs 29,000 crore. Noel Tata is reportedly wary of new-venture bleed and cool to a Tata Sons listing.
Tata Sons board met amid leadership tensions and rising losses at unlisted businesses including Tata Digital, electronics and Air India. Chandrasekaran's reappointment uncertain; Noel Tata reportedly concerned about new-venture losses and reluctant on Tata Sons listing.