Chandrasekaran sets 3-year deadline to staunch ₹29,000 Cr bleed at Tata's new ventures

Tata Sons chairman briefed the board on a three-year roadmap to turn around loss-making bets including Tata Digital (BigBasket, Croma) and Air India, which posted a ₹10,859 Cr FY25 loss. Tata Electronics hit consolidated break-even. Noel Tata flagged execution risk; June board to revisit.

— Source publishedWed, 27 May, 2026, 11:22 IST·First seen Wed, 27 May, 2026, 11:27 IST·Source Outlook Business

What happened

Tata Sons chairman Chandrasekaran outlined a three-year plan to cut losses at newer ventures including Tata Digital (BigBasket, Croma) and Air India. Tata

Key facts

  • ₹29,000 cr losses
  • ₹10,859 cr Air India FY25 loss
  • ₹28,000 cr projected FY26 loss
  • ₹1 lakh cr Tata Electronics revenue

Why this matters

Distressed Tata venture assets (Tata Digital sub-brands, ancillary Air India units) could surface as carve-out targets if the three-year plan slips, while Tata Electronics' break-even validates the semis thesis.

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