Tata Group to halve number of listed companies to boost competitive strength
The group with $128 billion revenue and $255 billion market cap is hastening its simplification and synergising strategy to better focus on growth and scale and improve cashflows in the larger companies, said executives close to the development. This is part of Tata Sons chairman N Chandrasekaran's stated plan of transforming the country's oldest conglomerate to make it future ready.
via Economictimes
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