The over $1 billion management buyout bid of Tata Teleservices Ltd by an employee group backed by private equity fund TPG has reached a dead end as Tata Sons is inclined to pursue a “combination” with group company Tata Communications Ltd. The employees had put in a bid in early December for the enterprise and fibre businesses that remained with Tata Tele after Tata Sons agreed to sell the mobile business along with spectrum to Airtel in October last year.
In what could be the biggest management buyout ever in India, a group of employees of Tata Teleservices Ltd (TTSL), led by Mukund Govind Rajan, Chief Ethics Officer, Tata Sons, has pitched for buying out the Tatas from the company. The bid, understood to be a little over $1 billion, is backed by a consortium of PE investors led by bulge-bracket PE firm, TPG Capital, and includes a major pension fund, according to sources in TTSL who wished to remain anonymous.
Economist, central banker, Carnatic and Hindustani music rasika, dance critic, columnist, a passionate follower of tennis, and unquestioned head and chief counsel of a family of forty cousins who looked up to him. A Seshan, who passed away in Mumbai on January 7 at the ripe age of 83, was all of these and more.
Rani and I would like to dedicate this award to the greatest Iconic Changemaker ever, Mahatma Gandhi, and the people of Gadchiroli from whom we still learn everyday, says Dr Abhay Bang, BL Iconic Changemaker Award winner. #BLChangemakerAwards@businessline
Award for Iconic Changemaker goes to... Dr Rani Bang and Dr Abhay Bang, founders of SEARCH. They brought home based neo natal care to Gadchiroli district of Maharashtra #BLChangemakerAwards@businessline
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Musk AND Zuckerberg or Musk + Zuckerberg.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used). For example, results will contain either cake or cookie by searching cake OR cookie or cake,cookie
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".