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

#NChandrasekaran #TataSons #AirIndia #TataDigital #TataElectronics #NoelTata

Times of India | Tata Sons board meeting ends amid focus on leadership and group performance concerns

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A Tata Sons board meeting was held in Mumbai on May 26, 2026, where directors—including Tata Trusts chairman Noel Tata—met at Bombay House to review the group’s performance. The session focused on mounting concerns over rising losses in Tata Group’s unlisted businesses, which posted a FY 25 loss of roughly ₹10,905 crore and could climb to about ₹29,000 crore, especially in newer ventures such as Tata Digital, electronics, and the recently acquired Air India. While a vote on chairman N Chandrasekaran’s reappointment was not on the agenda, reports suggest friction between him and Noel Tata, who questions the profitability of these initiatives and opposes a public listing of Tata Sons. The meeting concluded without public comments from Chandrasekaran, underscoring ongoing internal tensions over leadership and the group’s strategic direction.

Read more: https://timesofindia.indiatimes.com/business/india-business/tata-sons-board-meeting-ends-amid-focus-on-leadership-and-group-performance-concerns/articleshow/131330276.cms

#NoelTata #NChandrasekaran #TataSons #TataTrusts #TataGroup #NevilleTata

Times of India | Trusts' plans to review Tata Sons seats in limbo

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Tata Trusts’ effort to reassess their seats on the Tata Sons board has stalled after the Maharashtra charity commissioner ordered a freeze on Sir Ratan Tata Trust (SRTT) meetings, a restriction that also affects the Sir Dorabji Tata Trust (SDTT) because Tata Sons’ articles of association require the two trusts to act together on board‑representation changes. The trusts, which together hold 52 % of Tata Sons, have two nominees on the board – Noel Tata (chairman of the trusts) and Venu Srinivasan (vice‑chairman). With SRTT barred from meeting, SDTT cannot unilaterally alter the nominee roster, leaving the review of Srinivasan’s continuation and a potential Tata Sons IPO on hold. Cancelled board meetings on May 8 and May 16 had slated these issues for discussion, and while a June 8 meeting has been scheduled it will not cover the nominee review. Consequently, any realignment of the trusts’ representation remains pending the commissioner’s inquiry.

Read more: https://timesofindia.indiatimes.com/business/india-business/trusts-plans-to-review-tata-sons-seats-in-limbo/articleshow/131319500.cms

#TataSons #SRTT #SDTT #NoelTata #CharityCommissioner #RatanTata #DorabjiTata #VenuSrinivasan #VijaySingh #NChandrasekaran #ReebaZachariah

Times of India | Mistry pitches for Tata holdco to go public

Shapoor Mistry, representing the largest minority shareholder, advocates for Tata Sons' public listing, calling it essential for stakeholder value and trust income. This follows similar calls from Tata Trusts vice chairmen, amid RBI's proposed NBFC norms. Mistry believes a listing will enhance governance and transparency, potentially easing SP Group's debt pressures.

Read more: https://timesofindia.indiatimes.com/business/india-business/mistry-pitches-for-tata-holdco-to-go-public/articleshow/130182230.cms

#tataholdco #shapoormistry #tatasons #tatatrusts #spgroup

Times of India | Chandra asks Air India staff to control costs, improve services

Tata Sons chairman N Chandrasekaran urged Air India employees to prioritize cost control and service enhancement, emphasizing the need to acknowledge the airline's challenging reality. He reassured staff of the Tata Group's unwavering commitment and the board's full support, stressing the importance of focused execution and resilience amidst industry headwinds. This comes as CEO Campbell Wilson departs.

Read more: https://timesofindia.indiatimes.com/business/india-business/chandra-asks-air-india-staff-to-control-costs-improve-services/articleshow/130182241.cms

#chandra #airindia #tatasons #nchandrasekaran #tatagroup

Times of India | Will Tata Sons get listing waiver? RBI tweak will make it 'upper NBFC'

The Reserve Bank of India is proposing a simpler asset-size threshold of Rs 1 lakh crore to identify large NBFCs for stricter regulation, replacing a complex scoring system. This change could place Tata Sons, with assets of Rs 1.75 lakh crore, under tighter scrutiny, contingent on its application to surrender its core investment company registration being approved.

Read more: https://timesofindia.indiatimes.com/business/india-business/will-tata-sons-get-listing-waiver-rbi-tweak-will-make-it-upper-nbfc/articleshow/130182197.cms

#tatasons #rbi #reservebank

undefined | RBI proposes asset-based criteria for PSU inclusion in upper layer NBFC

The Reserve Bank of India has put forward a draft amendment to its “Non‑Banking Financial Companies’ Registration, Exemptions and Framework for Scale‑Based Regulation” that would replace the existing methodology for classifying upper‑layer NBFCs with a simple asset‑size threshold. Under the proposal, any NBFC with assets of **Rs 1 lakh crore or more** would be placed in the upper‑layer (NBFC‑UL) category, and the draft also calls for the inclusion of government‑owned NBFCs that meet this criterion. This shift aims to create a more transparent and absolute basis for identification, moving away from the current multi‑parameter approach.

The move comes as the RBI’s ongoing discussions about the listing requirements for Tata Sons intensify. Tata Sons, which falls under the upper‑layer NBFCs, has not listed its shares despite the October 2025 deadline, even though it reported an asset base of **Rs 1.75 lakh crore** as of March 2025. Existing norms obligate the top‑15 NBFC‑UL entities to be listed, and the new framework would maintain that requirement while also bringing government‑owned NBFCs into the same regulatory tier under an ownership‑neutral regime.

In addition to the asset‑size rule, the RBI draft proposes that all NBFC‑UL entities be permitted to use state‑government guarantees as a credit‑risk‑transfer instrument without any preset limit, provided certain conditions are met. Governor Sanjay Malhotra had earlier signaled that a revised regulatory framework for NBFCs was forthcoming, and this amendment reflects that intent, signalling a broader move toward uniform, size‑based oversight and greater flexibility for capital‑raising mechanisms within the sector.

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#rbi #psu #reservebank #nbfc #tatasons

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