Tata maps 3-year fix for new-business losses as FY26 hole swells to Rs 29,000 crore
Chairman N Chandrasekaran has unveiled a three-year roadmap to stem losses across Tata's new businesses, after combined FY26 losses ballooned to Rs 29,000 crore versus an earlier Rs 5,700 crore projection. Noel Tata pressed on BigBasket's thin margins and Croma's profitability path; Air India alone accounts for Rs 26,800 crore of the FY26 drag.
Tata Sons chairman Chandrasekaran presented a 3-year plan to cut losses in new businesses including Tata Digital (BigBasket, Croma) and Air India, after combined FY26 losses ballooned to Rs 29,000 crore. Noel Tata questioned BigBasket's thin margins and Croma's profitability path.