Tata Sons defers Chandrasekaran third-term call, FY26 performance takes centre stage
Friday board meeting will sidestep the chairman succession debate, focusing instead on FY26 metrics. Tension simmers as Noel Tata flags cash burn at Air India, Tata Electronics and Tata Digital, with $11B already deployed into new businesses. Trusts hold 65.9% of Tata Sons; current term runs to Feb 2027.
Tata Sons board won't discuss chairman Chandrasekaran's third term at Friday meeting; focus on FY26 performance instead. Succession debate continues amid Noel Tata's concerns over cash burn at Air India, Tata Electronics, Tata Digital.