Jun 01, 2017 11:13 AM IST | Source: CNBC-TV18
As Chandra, completes 100 days in office, CNBC-TV18 learns that he is in process of finalising a structure for the group where all companies will be divided into clusters based on sectors.
N Chandrasekaran, the newly-appointed chairman of Tata Group, is planning a massive restructuring exercise at the salt-to-software conglomerate in a bid to create shareholder value and drive scale.
Sources have told CNBC-TV18 that the companies in the group engaged in similar businesses will be cobbled together in one cluster. Each cluster will have a head appointed by Chandrasekaran, and who will report to the chairman.
The group has so far…
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