Tata Docomo

Big business houses such as the Tatas, Anil Ambani, multinationals like Malaysian tycoon T Ananda Krishna of Maxis failed to create viable businesses

On July 31, 1995, mobile telephony began in India at Rs 16.80 a minute peak tariff. Now, most local voice calls are free, a market which has the largest subscriber base in the world after China

'Everybody loved to crib about something or the other about telecom operators. But Tata Docomo was one brand that was clearly seen as different from the rest'

Profit drops 72% to Rs 832 cr in 2016-17

DoCoMo, TTSL and Tata Sons had signed shareholder agreement in March 2009 for the business alliance

RBI contended that the shareholding agreement was illegal and objected to the award of damages.

Its prospects as an independent player appear dim as the industry heads for a shakeout

No clarity on how companies would circumvent RBI norms on pre-determined valuation

Finanance ministry won't grant forex exemption that Tata needs to make payment

In line with a June 23 London Court of International Arbitration award