The Delhi High Court today rejected the RBI's objections in the Tata-DoCoMo case, clearing the decks for the Tatas to pay USD 1.17 billion ...

The court rejected the RBI’s objection and allowed the arbitration award settlement. Tata Teleservices jumped 20 per cent to hit a high of ...

The Tatas have previously said that they intend to comply with the arbitral award but subject to Indian laws.

"Docomo is confusing our intent to pay with what is legally payable by us. Tata's intent is to pay but within the confines of the law," a s...

DoCoMo said it is in the company's own interest to take all appropriate steps to enable Tatas to fulfil its payment obligations in India

In an affidavit filed in the Delhi high court last Friday, Tata Sons said that it couldn't make the payment as the RBI prohibits transactio...

In November 2009, Japan's largest mobile phone firm NTT DoCoMo acquired 26.5 per cent stake in Tata Teleservices for about Rs 12,740 crore.

Lawyers have said courts in the US may also uphold the arbitration award and sources aware of DoCoMo’s thinking in the past have said the J...

In a nasty public fight, DoCoMo has dragged the Tatas to court seeking enforcement of the arbitration. Tata Sons says it is being maligned ...

DoCoMo in April 2014 decided to exit the joint venture that struggled to grow subscribers quickly. It sought Rs 58 per share or Rs 7,200 cr...

"DoCoMo has obtained an ex parte order from the Commercial Court in London for permission to enforce the award in the UK," Tata Sons' state...

It also plans to highlight the larger impact this is having on business sentiment towards India, as latter woos investment from one of its ...

The group now argues that the award will still flout the country’s norms, even as it has deposited the money in a case that NTT DoCoMo file...

The London Court of International Arbitration ruled in favour of DoCoMo over price it was entitled for exiting the Indian joint venture.

DoCoMo had sought arbitration in January last year after the RBI opposed its move to exercise its option to sell back its stake to Tata Gro...

In 2014, Japan’s NTT DoCoMo had decided to exit Tata Teleservices and asked the Indian promoters to buy out its 26.5% stake in the joint ve...

RBI has, for Tata Group, relaxed a rule that bars it from paying more than the 'fair value' price to buy out Japanese partner's stake in Ta...