TCS Revamps Organization Structure to Leverage Domain Knowledge

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Tata Consultancy Services Ltd. revamped its organization structure as it seeks to leverage the business expertise of its senior executives to win higher margins from services such as artificial intelligence and cloud.

The company has aligned itself along seven business groups that cover banking, financial and insurance industries to healthcare to energy to retail, Chief Executive Officer K. Krithivasan said in an internal email seen by Bloomberg News. Each group will be headed by a senior executive. The company saidBloomberg Terminal Saturday it’s appointing six executives as senior management starting Aug. 1.

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