Tata Group to bring consolidation, simplification into play: Chandrasekaran

N Chandrasekaran took charge as the chairman of the 150-year-old conglomerate about 8 months ago

Tata Group, India's largest conglomerate is looking to simply overlapping business operations, prune its expansive portfolio by consolidation and creating new business clusters like defence, infrastructure, consumer and retail, financial services and hotels and airlines. It also aims to support the growth of three of its largest companies, Tata Consultancy, Tata Steel and Tata Motors. Read more 

In an interview with Economic Times, Tata Sons chief N Chandrasekaran said, "We would like to see ourselves as 5,6,7 groups as opposed to 110 companies. The more we see ourselves as 110-120 companies,