Tata Sons board weighs listing, turnaround for Rs 29,000 cr loss-making retail and Air India bets
Mumbai board meet reviews future of Tata Digital stack — BigBasket, Croma, Tata CLiQ, Tata Neu, 1mg — alongside Air India, with FY26 aggregate losses near Rs 29,000 crore. Rs 24,000 crore already deployed in Tata Digital; Rs 20,000 crore debt repaid against Rs 1.75 lakh crore asset base.
What happened
Tata Sons board meets on listing mandate and turnaround plans for loss-making ventures including Tata Digital (BigBasket, Croma, Tata CLiQ, Tata Neu, 1mg) and
Key facts
- Rs 29,000 crore FY26 losses
- Rs 24,000 crore deployed in Tata Digital
- Rs 20,000 crore debt repaid
- Rs 1.75 lakh crore assets
- $3 billion Air India FY26 losses
Why this matters
The boardroom review opens a window for partnership, divestiture, or consolidation conversations around individual Tata Digital assets — particularly subscale plays like Tata CLiQ or Tata Neu — as the group reassesses its loss-making retail portfolio.