Tata Sons board: Chandra hands mic to CEOs as BigBasket, Air India losses face scrutiny
At a rare Tata Sons board session, group CEOs presented directly to Noel Tata. BigBasket and Air India drew course-correction calls; Tata Electronics won praise. Chairman Chandrasekaran's third-term renewal and a potential Tata Sons listing remain unresolved, with Tata Trusts holding its 66% stake.
Tata Sons board meeting saw CEOs present to Noel Tata, with significant focus on BigBasket and Air India losses requiring course correction, while Tata Electronics drew praise. Chandrasekaran's third-term renewal and possible Tata Sons listing remain unresolved.
Why this matters
Follows Noel Tata's push to scrutinize $11B bets and the board's deferral of Chandra's reappointment, sharpening focus on BigBasket and Air India losses while retail capital signals for Trent, Titan and Croma stay pending.
Leadership signals steady at 103 in the last 90 days across the Tata group.