Aig Contests Tata Stake Hike In Tata Cellular

The mega merger in the telecom industry between BPL Communications and the Birla-Tata-AT&T combine is likely to run into rough weather with the American International Group (AIG) moving the Delhi High Court in August.

One of the funds of AIG, which has an 8.2 per cent stake in Tata Cellular, is contesting the increase of the Tata group