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.

— Filed Wed, 27 May, 2026, 11:29 IST · Source Outlook Business · Updated

Tata Sons chairman Chandrasekaran outlined a three-year plan to cut losses at newer ventures including Tata Digital (BigBasket, Croma) and Air India. Tata Electronics reached consolidated break-even. Noel Tata questioned achievability; further discussions slated for June board meeting.

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