Times of India | N Chandrasekaran unveils 3-year plan to cut losses in Tata new businesses

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Tata Sons chairman N Chandrasekaran used a six‑hour board meeting at Bombay House to present a three‑year roadmap aimed at reducing the heavy losses of the group’s newer ventures – Air India, Tata Digital and Tata Electronics – as his reappointment remains pending. The presentations revealed that combined FY 26 losses have ballooned to over ₹29,000 crore, far above earlier forecasts, with Air India shouldering the bulk (a ₹26,800 crore loss) and Tata Digital under scrutiny for its high cost base and thin margins, while Tata Electronics has reached break‑even thanks to government subsidies and crossed ₹1 lakh crore in revenue. Chandrasekaran assured the board that, although full profitability is a longer‑term goal, the outlined plan will narrow the deficits over the next three years, with a further review scheduled for the June 8 meeting.

Read more: https://timesofindia.indiatimes.com/business/india-business/n-chandrasekaran-unveils-3-year-plan-to-cut-losses-in-tata-new-businesses/articleshow/131339250.cms

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Times of India | Tata Sons' new ventures may lose up to 29k cr

Tata Sons' new ventures face mounting losses, with projections for FY26 reaching Rs 29,000 crore. This sharp increase has raised concerns, impacting leadership decisions. Tata Digital and Air India are major contributors to these losses. A plan to control spending is expected soon. The group is reassessing strategies for these ambitious projects.

Read more: https://timesofindia.indiatimes.com/business/india-business/tata-sons-new-ventures-may-lose-up-to-29k-cr/articleshow/130073021.cms

#tatasons #tatadigital #airindia #fy26 #rs29000crore