Goldman currently reports three business lines: investment banking, trading and principal investments, and asset management and securities services.
In September, CMGI announced a restructuring, saying it would focus on five business lines and on venture capital.
Yesterday, the company said it would reduce its 17 majority-owned businesses to 5 to 10, organized around five business lines.
We had a good last half of the year, driven by capital markets and leasing, though every one of our five business lines had increases for the year.
The Bell companies, as a group, could lose a million business lines in 2003 because of the economy and joblessness, she estimated.
The company is betting that it can produce synergies from the three business lines—hardware, services, software in which, unlike any of its competitors, IBM is a global leader.
As company chairman, Mr. Tata has been instrumental in carrying on the family legacy, and turning what was a loosely aligned group of companies that shared one name into a group with seven business lines and centralized management.
The chairman was key to transforming the conglomerate, Heather Timmons wrote: "As company chairman, Mr. Tata has been instrumental in carrying on the family legacy, and turning what was a loosely aligned group of companies that shared one name into a group with seven business lines and centralized management".
The Automation comprises three business lines: Flow Control, Process Automation Systems and Services.
