Chandrasekaran to unveil fix-it plan for Tata's loss-making digital and aviation bets on May 26
Tata Sons chairman faces board on May 26 with roadmap for new-economy units after FY26 losses ballooned to Rs 29,000 crore against Rs 5,700 crore projected. Tata Digital (BigBasket, 1mg, Croma, CLiQ, Neu) has absorbed Rs 24,000 crore; Air India alone is bleeding $3bn this year.
Tata Sons chairman Chandrasekaran will present roadmap on May 26 for loss-making new businesses including Tata Digital (BigBasket, 1mg, Croma, CLiQ, Neu) and Air India, after FY26 losses hit Rs 29,000 crore versus Rs 5,700 crore projected.
Why this matters
Adds to a high-stakes May 26 board agenda already weighing Tata Sons' listing debate, Chandra's third term and mounting losses at Air India and Tata Digital under Noel Tata's scrutiny.
Retail-company signals steady at 883 over the last 90 days.