Tata Sons defers Chandrasekaran third-term call as Air India, Electronics losses mount
Friday's Tata Sons board will skip the chairman succession question, focusing on FY26 performance instead. Noel Tata has pressed for clarity as $11B bets on Air India, Tata Electronics and Tata Digital bleed. Term runs to Feb 2027; retirement-age waiver looms over Trent, TCS, Tata Steel oversight.
Tata Sons board won't discuss chairman N. Chandrasekaran's third term at Friday's meeting, focusing instead on FY26 performance. Noel Tata earlier pushed for succession clarity amid heavy losses at Air India, Tata Electronics and Tata Digital.