Tata Sons to infuse more capital into five firms impacted by coronavirus

FY2021 Budget planning upset in all five firms, funds will be used repay dues, keep them well-capitalised and finance projects

Dev Chatterjee Business Standard Mumbai
Tata Sons, Cyrus Mistry

The group will have to step in to put additional funds into its two airlines which are grounded since March 24

Tata Sons will have to infuse additional equity capital into at least five subsidiaries, including Tata Realty and Infrastructure (TRIL), Tata SIA Airlines, AirAsia India, Tata Teleservices, and Tata

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First Published: Apr 30 2020 | 4:27 PM IST

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