Wed, May 03, 2017
The other option was Tata purchasing the shares at the fair market value, which was Rs 23.44. However, this was not acceptable to DoCoMo and it had opted for arbitration.
More >
Fri, Apr 28, 2017
The company considers today's verdict to be of "huge significance" for foreign investments in India.
Tata Sons and Docomo had jointly applied to the Delhi High Court, requesting that it accept their agreed terms of settlement.
Fri, Mar 03, 2017
While Tata Sons will pay the fair value of DoCoMo`s 26 percent stake outside India, or roughly $390 million according to Reuters calculations, DoCoMo would need to invest the balance of $790 million in India, either for expansion or other joint ventures, the source added.
Mon, Feb 27, 2017
Both companies are keen to resolve dispute quickly, may jointly take the matter to RBI.
Mon, Sep 05, 2016
Tata Sons said in the statement," DoCoMo is unfortunately confusing Tata Sons’ intent to pay with what is legally payable by the company; Tata Sons’ intent is to pay but within the confines of the law"
Fri, Jul 29, 2016
Tata Sons Ltd said it expected to deposit $1.2 billion with the Delhi High Court on Friday, the money it was ordered to pay Japan`s NTT DoCoMo Inc by an international arbitration court last month.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
