Among the businesses that need consolidation are retail and defence, people in the know said. Currently, the group has multiple companies
across these sectors. For retail, it has Trent, Croma, Tanishq and Tata CliQ; the defence business is handled through various group companies
including Tata Advanced System, Tata Advanced Materials, Tata Power Strategic Engineering Division, TAL Manufacturing Solution, Tata Elxsi. Even in aviation, Tatas have two businesses, Vistara and Air Asia.
Besides consolidation, Tata is likely to take an "early and urgent" decision on the group's telecom business, Tata Teleservices, which has been a laggard for some years now. Although it has not found a buyer so far, Tata may not like to run the business in losses for long, it is felt. In the recent telecom auctions, the company decided to spend Rs 4,500 crore to buy spectrum, primarily to keep its business going.
As part of the clean-up in telecom, quickly settling the ongoing legal tussle with NTT DoCoMo, Tata Teleservices' erstwhile Japanese partner, is also a priority.