Tata Sons Chairman to Exit, Air India Faces Leadership Transition

Tata Sons Chairman Natarajan Chandrasekaran announced he will not seek another term after February 2027, as his extension failed to win unanimous board support. Air India reported a net loss of INR 222 billion in fiscal 2026, with revenue down nearly 9%, and a new CEO will replace departing Campbell Wilson. The turnaround timeline has been extended to 5-10 years.