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Tata Group mulls moving all tech operations under TCS

Tata group hasn't made a final decision about which companies would be folded under TCS

Bloomberg  |  Mumbai 

Tata Group, the Indian conglomerate that manages more than 100 operating companies, is weighing a plan to streamline its information technology and infrastructure businesses, people with knowledge of the matter said. The conglomerate is considering a restructuring that would see several of its IT businesses moved under publicly traded Tata Consultancy Services (TCS), according to the people. Tata group, which wants to reduce the number of companies it oversees, may sell some smaller units that don’t fit with its strategy, the people said, asking not to be identified because ...

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First Published: Thu, July 20 2017. 01:49 IST