Enough cash flow to tide over Covid-19 crisis: Tata Sons chairman

Tata Sons is in strong financial position with adequate cash flows to support the group companies and new growth initiatives, said Chandrasekaran

Tata Sons is in a strong financial position with adequate cash flow to support the group companies and the growth initiatives, Chairman N Chandrasekaran said in a statement after a board meeting of the holding firm on Friday. He added that Tata Sons was not looking to monetise its investment to raise capital.
 
The re-assurance from the top executive has come at a time when businesses, including the Tata group companies, are battling the severe impact of the pandemic.
 
Tata Sons board discussed post-Covid-19 scenario for group companies, said a person who had attended the meeting.  “It was