Another high-profile exit? Mukund Rajan may leave Tata Sons by month-end

Tata Communications was another bidder for the 125,000 route kilometre fibre optic business and a board meeting had been called this week to take a call on the final bid, said another source

The Tata group is likely to witness yet another high-profile exit, as Mukund Rajan, head of international operations of Tata Sons, may leave by the month-end, according to sources in the know. 

A Tata group spokesperson said it was “speculation”, when asked about Rajan’s possible exit from the group. Insiders said a plan by private equity firm TPG Capital to bid for Tata Teleservices’ fibre business for $1 billion along with Rajan as a partner was also “off the table”.  

Tata Communications was another bidder for the 125,000 route kilometre fibre optic business and a board meeting had been called