Tata Sons on Tuesday said it has agreed to pay Japanese telecom firm NTT Docomo $1.18 billion to settle the 2-year old dispute over their Indian telecom joint venture. In a statement, Tata Sons said it has reached an agreement with NTT Docomo "on a joint approach to enable enforcement" of June 22, 2016, compensation …
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February 28, 2017Tata Sons on Tuesday said it has agreed to pay Japanese telecom firm NTT Docomo $1.18 billion to settle the 2-year old dispute over their Indian telecom joint venture. In a statement, Tata Sons said it has reached an agreement with NTT Docomo "on a joint approach to enable enforcement" of June 22, 2016, compensation …
Continue reading "Tatas agree to pay NTT Docomo $1.18 bn subject to court nod"
February 28, 2017Tata Sons on Saturday said NTT DoCoMo – the estranged Japanese partner – is confusing its intent to pay with what is "legally payable" by the Indian company, and emphasised that its intent is to pay but "within the confines of the law". "Docomo is unfortunately confusing our intent to pay with what is legally …
Continue reading "Tatas say will pay to DoCoMo within ‘confines’ of law"
September 3, 2016