|Day's Range||2,439.80 - 2,499.00|
|52 Week Range||2,054.70 - 2,740.00|
|PE Ratio (TTM)||20.20|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
India's salt-to-software Tata Group is considering a plan to streamline its technology and infrastructure businesses, Bloomberg reported on Wednesday, citing people with knowledge of the matter. The restructuring plan would involve moving several of its technology businesses under Tata Consultancy Services Ltd , the country's top software services exporter, the report said. Tata Group has not made a final decision about which companies would be folded under TCS, the report added.
Tata Group, the Indian conglomerate that manages more than 100 operating companies, is weighing a plan to streamline its technology and infrastructure businesses, people with knowledge of the matter said....
Last week, two of India’s biggest information technology (IT) services companies posted their quarterly results. On July 13, Tata Consultancy Services (TCS), the country’s largest software exporter, reported quarter-on-quarter revenue growth (pdf) of 2% in constant currency terms. A day later, Infosys reported only slightly better results (pdf) as revenues grew by 2.7% quarter-on-quarter in…