D-Day at Tata boardroom today: Who blinks first as loss-making units, leadership tensions take centre stage
New Delhi, May 26 -- The board of Tata Sons convenes on Tuesday (26 May) for a high-stakes meeting that is expected to place the conglomerate's loss-making businesses under the microscope, even as simmering tensions at the top of one of India's most powerful corporate dynasties remain conspicuously unresolved.
PTI citing people familiar with the development confirmed on Monday (25 May) that individual companies within the Tata group, particularly those currently recording losses, are expected to make presentations on the state of their businesses and the path forward. The meeting brings together the board of Tata Sons, the holding company that sits at the apex of the sprawling Tata empire, at a moment of unusual internal pressure.
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