Times of India
Times of India
AsiaPac · 1 hrs ago

‘Rs 29,000 cr challenge’: Tata Sons’ new chief needs to deal with 3 major cash losers

These are also segments where Chandra’s track record came under scrutiny.NEW DELHI/ MUMBAI: The new Tata Sons chairman has to deal with three major cash losers - Air India, semiconductor and electronics manufacturing and Tata Digital - with govt treating the salt-to-airline conglomerate as a strategic partner in some of these sectors.With military aircraft being developed in the private sector for the first time and drones and other rocket launch systems in the works, govt is watching the developments at Bombay House, although it has maintained a clear distance so far.For the group, new businesses including Air India, Tata Digital and Tata Electronics, reported losses of almost Rs 29,000 crore last year. These are businesses that came into the Tata fold during N Chandrasekaran's reign at T
Times of India
Do you trust Times of India?
Sign in to rate
Discussion
?

No comments yet — be the first to start the discussion!