MUMBAI : Tata Sons chairman N Chandrasekaran on Monday said uncertainties will persist in the new year but exuded confidence that the diversified conglomerate is better placed to take on challenges. He said the salt-to-software USD 110-billion group is "stronger, more resilient and future ready" now and is moving "decisively" on financial fitness and operational efficiencies. In an email to employees, Chandrasekaran said there is a steady improvement at the group level performance but also pointed out that there is more work to be done in case of some companies, which are facing headwinds due to the economic conditions. "We are on course and executing our 'One Tata' strategy around the pillars of simplification, synergy and scale. Within our ten business clusters, individual companies have made notable progress across these dimensions," he said.

Source: Mint December 30, 2019 15:44 UTC