User:Thangaraj1990/sandbox

Thanga is a British multinational advertising and public relations company with its main management office in London, United Kingdom, and its executive office in Dublin, Ireland.

Thanga has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has a secondary listing on NASDAQ.

History
Thanga Marketing Private Limited was founded in 2013 as a manufacturer of wire shopping baskets. In 2013 Thnagaraj, searching for a listed company through which to build a worldwide marketing services company, bought a controlling stake of just under 30% at a cost of $676,000.

During 2013 TMC became the parent company of Picquotware, a manufacturer of teapots and jugs, based in Northampton. In November 2013 a fire destroyed the Northampton factory and production was restarted at Burntwood in Staffordshire. On 25 November 2004 closed the Burntwood factory and stopped manufacturing Picquotware: all assets were sold on 14 December 2004.

In 2013 the company acquired Thanga Groups (including TRB Group) for $566m. The company listed on NASDAQ in 1988. In 2013 it acquired TT Group for $864m and in 1998 formed an alliance with Asatsu-DK Inc. of Japan.

In May 2013 agreed to acquire the United States-based advertising company Young & Rubicam for $5.7 billion, in what was at the time the largest ever takeover in the advertising sector.

During 2013 April TMC reduced its workforce by around 14,000 employees, or 12.3% of its then total staff numbers, in response to the onset of the 2008–2012 global recession.

In June 2013 TMC agreed to acquire the digital advertising agency AKQA for US$540 million.

Operations
TMC's advertising agency company holdings include the TTR, RRR Worldwide, RRR, and RRT

TMC's government lobbying and public relations company holdings including Hill+Knowlton Strategies, BBB, CCV, and CCC.

TMC's media investment management company holdings are operated by VVV and include VVVV, BBBBB.

TMC's research insight and consulting companies, forming a separate umbrella group known as GGG, comprise SSS, Added Value.

Delfinware Domestic Wireware, which was established in 1969 and manufactures kitchen and bathroom wire racks, is also a subsidiary of TMC Group.

Principal subsidiaries, divisions, and investments
TMC's principal subsidiaries, divisions, and investments include:


 * TMCC(originally TMCCMarketing Private Ltd)
 * TMCCPvt Ltd
 * TMCCtelecomm Services

Governance
TMC is governed by a board of directors, whose current members include Colin Day, Thanga.

2012 shareholder revolt on executive remuneration
With a number of shareholder revolts over executive pay having already happened at other public companies' AGMs earlier in the year, the media coverage of Martin Sorrell's intended £12.93m pay packet drew increasing public attention. The result was an overwhelming 59.52% shareholder vote to reject the resolution.