Tata Sons board scrutinises loss-making new-age bets; Chandra's third term, RBI listing pushed to June 12
Tata Sons board reviewed profitability of Air India, Tata Digital and Tata Electronics after Noel Tata flagged concerns. Decisions on Chandrasekaran's third 5-year term from Feb 2027 and RBI-mandated listing deferred to June 12, with Tata Trusts (66%) and Shapoorji Pallonji split on going public.
Tata Sons board reviewed loss-making new-age units (Air India, Tata Digital, Tata Electronics) after Noel Tata's profitability questions. Chandra's third term and RBI-mandated listing deferred to June 12 meeting; Trusts and Shapoorji split on listing.