Tata Sons Board Faces Loss Reckoning: Chandra's Third Term, Air India Bleed, Tata Digital Drag in Focus

Noel Tata is pushing for a roadmap to stem mounting losses across Tata Sons' consumer and aviation bets ahead of Chandrasekaran's reappointment vote. Air India alone is projected to lose ₹28,000 crore in FY26, while Tata Digital (BigBasket, Tata Neu) posted a ₹4,610 crore loss. IPO stance and capital efficiency also on the table.

— Source publishedThu, 21 May, 2026, 21:16 IST·First seen Thu, 21 May, 2026, 21:19 IST·Source Outlook Business

What happened

Tata Sons board to review Chandrasekaran's third-term reappointment as Noel Tata demands roadmap to cut losses at Air India and Tata Digital (BigBasket, Tata

Key facts

  • ₹10,859 crore FY25 Air India loss
  • ₹28,000 crore projected FY26 Air India loss
  • ₹4,610 crore Tata Digital loss
  • ₹70 crore Tata Electronics loss
  • ₹697 crore Tata Projects loss

Why this matters

Tata Sons' boardroom reckoning over consumer and aviation bleed could reshape portfolio priorities, IPO timing, and partnership openings across BigBasket, Tata Neu, and Air India.