Tatas put Bombay House in order

The group is clear it would do its best to retain the iconic Taj Mansingh in New Delhi, which is coming up for auction soon

The biggest restructuring in the history of corporate India could well be underway as new Tata group chairman N Chandrasekaran aims to remove impediments at the $105-billion group. 

Ever since Cyrus Mistry was removed as chairman on October 24, 2016, Tata group has fought back valiantly by increasing stake in group companies, merging the loss-making telecom business with Bharti Airtel and hiving off Tata Steel Europe to a joint venture with Thyssenkrupp of Germany. 

However, the Diwali cleaning in Bombay House, the group headquarters, is far from over. “The group has done very well. It has got out of telecom