There will "definitely be pruning of the Tata portfolio,” according to chairman of Tata Sons N. Chandrasekaran. The Group will exit a business "when it is certain it is not getting returns from it…we will exit if we aren’t getting returns today and we don’t think we’ll get them tomorrow,” he was quoted in The Economic Times (ET) of July 23, 2017, based on an article with Fortune magazine.
The chairman told Fortune magazine that "one of my key messages is that we’re going to look at performance for every operating company (within the Group) — growth rates, profitability, return......