Tata Sons floats ₹7,000 cr equity infusion for Tata Digital; Noel Tata pushes back on scale
Management proposed a ₹7,000 crore capital injection into Tata Digital — parent of BigBasket and Tata Cliq — at the May 26 board meeting. Chairman Noel Tata questioned the quantum and underlying loss/growth assumptions, signalling sharper scrutiny of digital capital allocation inside the group.
Tata Sons management sought ₹7,000 crore equity infusion for Tata Digital businesses including BigBasket and Tata Cliq at May 26 board meeting. Noel Tata questioned the scale and loss/growth assumptions, intensifying internal debate over digital capital allocation.
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- Moneycontrol · Results — Same time
- Moneycontrol · Results — Same time