India’s conglomerates need to slim down to reasonable sizes and focus on a few core businesses

Conglomerates have become slow-moving leviathans as they are overloaded with debts, and unrelated businesses keep demanding lots of equity to grow.

Source: economictimes.indiatimes.com > http://economictimes.indiatimes.com/news/company/corporate-trends/indias-conglomerates-need-to-slim-down-to-reasonable-sizes-and-focus-on-a-few-core-businesses/articleshow/61015979.cms