Noel Tata pushes Tata Sons board to scrutinize $11B bets as Digital, Air India losses mount
Tata Sons held its first detailed board review of loss-making new ventures, with Noel Tata instituting twice-yearly check-ins. Air India faces ~$3B FY26 loss, Tata Digital posted ₹4,610 cr FY25 loss. Chandrasekaran's reappointment up for discussion June 12.
What happened
Tata Sons board, prodded by Noel Tata, held first detailed review of loss-making new businesses including Tata Digital and Air India, with twice-yearly reviews
Key facts
- $11 billion invested
- Air India FY26 loss ~$3 billion
- Tata Digital FY25 loss ₹4,610 crore
- Tata Electronics FY25 loss ₹70 crore
- Tata Trusts owns 65.9% of Tata Sons
Why this matters
Noel Tata's portfolio review of $11B in new bets opens a window for partnership or carve-out conversations on underperforming digital and aviation assets where ROIC pressure is now board-level visible.
Also reported by
- Mint — Same time