Tata board to take up business 2.0 budgets
Tata Digital, Air India and Tata Electronics — on Monday.
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The board meeting will also review the holding company's third quarter results and discuss progress on the proposed $2-billion initial public offering (IPO) of Tata Capital, people familiar with the matter told ET.
As chairman N Chandrasekaran begins the penultimate year of his second term, Tata Sons is ramping up investments in its new ventures to help them reach the ambitious target he has set for them — by FY27, all new businesses should rank among the top five group companies by revenue and achieve profitability.
Tata Sons did not comment.
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