Tata Sons board reviews turnaround for BigBasket, 1mg, Croma as Air India loss hits $2.8B
Tata Sons board examined capital allocation across loss-making Tata Digital units BigBasket, 1mg and Croma alongside Air India's $2.8B FY26 loss. Group reaffirmed $100B+ commitment to emerging businesses including Tata Electronics, Agratas and Tejas Networks.
Tata Sons board reviewed group strategy, capital allocation and turnaround plans for loss-making units including Tata Digital arms BigBasket, 1mg and Croma, alongside Air India. Group has committed over $100 billion to emerging businesses including Tata Electronics.