Reimagining Tata group

Bombay House needs to take a hard look at its strategy

Premium

Bombay House, the headquarters of the Tata group in Mumbai. Tata Sons said its board felt that the move to turn into a private limited firm was in its best interest

Business Standard Editorial Comment

Last Updated : Feb 22 2019 | 12:14 AM IST

Bombay House, the Tata group’s headquarters, needs to come up with a new recipe for growth to keep the group on top of India’s private sector league table. Consider the numbers: The group has always been over-dependent on Tata Consultancy Services (TCS), but that seems to have increased rapidly in recent years. In 2017-18, the software major accounted for over 90 per cent of the combined dividend income that Tata Sons received from listed group companies. Also, TCS made up for nearly three-fourths of the combined market capitalisation of the top 10 companies; this share was just about 60 per

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in