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Tata-DoCoMo dispute: What's it all about and where things stand today

As Tata and DoCoMo look for out-of-court settlement, here's a blow-by-blow account of the long legal tussle

BS Web Desk  |  New Delhi 

Tata Group and NTT DoCoMo are planning to settle their differences by seeking the Reserve Bank of India's permission, under a fresh application, for Tata Sons to remit $1.17 billion to the Japanese company to buyback DoCoMo’s 26.5 per cent stake in their loss-making joint-venture Tata Teleservices, the Business Standard reported earlier.

According to the report, lawyers from both the parties are busy trying to find a way out and according to sources the government might give its nod to such a move in a bid to highlight the ease of doing business in India. As Tata and ...

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First Published: Fri, November 04 2016. 15:40 IST
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