India: Tata hiring bankers to sell or merge dozens of units

Tata chairman Natarajan Chandrasekaran
Natarajan Chandrasekaran. Photographer: Dhiraj Singh/Bloomberg

Nearly six months after his turbulent elevation to run India’s biggest conglomerate, Natarajan Chandrasekaran is assembling a team of dealmakers to refocus some of the group’s biggest businesses, expand its financial services and consumer businesses and sell or merge dozens of smaller units, according to interviews with senior executives.

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