Market News

Tata Sons’ board discusses threadbare its new businesses, prodded by Noel Tata

Tata Sons' board held its first detailed review of new businesses—aviation, batteries, electronics, and e-commerce—over a six-and-a-half-hour meeting, pushed by Tata Trusts chairman Noel Tata, who has raised concerns over ballooning losses exceeding $11 billion in investments.