Tata Sons Board Reviews Strategy Amid Losses and Future Investments

Tata Sons board to meet on Tuesday; discussions on loss-making cos likely

Tata Sons board meets Tuesday to review loss-making subsidiaries — unlisted businesses posted ₹10,905 crore loss in FY25, projected to reach ₹29,000 crore. Internal friction between chairman Chandrasekaran and Noel Tata over new ventures (Tata Digital, Air India, electronics) signals potential strategic pivot; the IPO question remains open, with RBI mandating listing for top-15 NBFCs.