Business News›News›Company›Corporate Trends›Tata Sons board meets again today to discuss fund infusion, strategies amid Covid crisis
Tata Sons board meets again today to discuss fund infusion, strategies amid Covid crisis
Synopsis
The board will discuss approvals for fund infusion into businesses that urgently need liquidity. Tata Sons usually holds six to eight board meetings in a year. It is fairly unusual for two meetings to be held so close to each other. The holding company is likely to insist on renewed aggression to drive growth of key verticals such as consumer, retail, financial services and digital.
MUMBAI: Tata Sons, holding company of the $113-billion group, is holding its next board meeting on July 17 to take stock of business developments and balance sheet challenges amid the Covid-19 crisis. The previous meeting was on June 7. Officials close to the development said the board will discuss approvals for fund infusion into businesses that urgently need liquidity. Tata Sons usually holds six to eight board meetings in a year. It is fairly
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