Ntt Docomo

Japan's NTT to spend $38 billion to buy out, take DoCoMo private

The restructuring dovetails with newly installed Prime Minister Yoshihide Suga's push for lower telecoms rates and more consumer and business-friendly services.

Japanese phone giant Nippon Telegraph & Telephone plans to take over, delist Docomo

NTT’s reported plan dovetails with newly installed Prime Minister Yoshihide Suga’s push for lower telecoms rates.

NTT DoCoMo receives $1.2 bn from Tatas

In a statement on its website, NTT DoCoMo said it "has received from Tata Sons payment of the award amount in accordance with the High Court of Delhi's decision regarding DOCOMO's stake in Tata Teleservices Limited."

Want fresh look into Tata-Docomo arbitral award: RBI tells HC

The RBI today told the Delhi High Court that it wants to take a fresh look into the USD 1.17 billion arbitral award granted in favour of Japanese telecom major NTT Docomo for Tata Sons' alleged breach of its agreement.

RBI opposes Tata-DoCoMo settlement terms

The Delhi High Court slammed the RBI for opposing the consent terms. It has asked RBI to clarify whether it has the powers to oppose an arbitral award. Also, Delhi HC has raised questions about the automony of RBI, if its opposition arises at the behest of the government.

RBI to consult Finance Ministry over Tata-NTT DoCoMo settlement

RBI remains opposed to the payout under the existing structure. RBI said the existing clause in the joint venture agreement was illegal, something which Tata Sons denies. RBI said a fixed rate of return for exit from the joint venture makes it illegal.

Tata-DoCoMo truce: Japanese co would need to invest $790 mn here

Both companies are likely to approach India's central bank within 15 days with a plan that will offer to split the payment into two parts, the source, who has direct knowledge of the matter, said.

Tata Sons, DoCoMo call truce; Japanese co suspends legal battles

A dispute that had arisen with NTT DOCOMO over its investment in Tata Teleservices. The dispute was over Tata Sons buying back DoCoMo‘s stake in Tata Tele as per their agreement signed in 2009.

Chandrasekaran faces uphill task as Tata Sons boss. Is he ready?

As Natarajan Chandrasekaran takes the helm as Tata Sons Chairman, there are challenges that may bog him down but well-wishers feel the 54-year-old is well-equipped to handle the challenges that the top job throws at him.

Tata Tele EGM to decide on Mistry removal as Director on Dec 14

Tata Teleservices Ltd, the unlisted Tata Group firm, has called a shareholders' meeting on December 14 to consider holding company Tata Sons' proposal to ouster Cyrus Mistry as director.

Mistry defends handling of harassment claim in Tata feud

Cyrus Mistry, the ousted chairman of India's Tata Sons Ltd, denied on Friday that he mishandled a harassment case at the company's hotel arm, an incident that media reports said was one of the factors leading to his removal.

Tata Sons board's decision in interest of group's future: Tata

The letter came shortly after Mistry ratcheted up war of words by rebutting "insinuations" of mishandling a dispute with Japan's NTT DoCoMo, saying Ratan Tata was party to all decisions regarding the telecom venture.

Handling of DoCoMo issue wasn't against Tata values: Mistry Camp

In a recent statement, Cyrus Mistry's offices said, "insinuations that the DoCoMo issue was handled under the watch of Mr Mistry in a manner inconsistent with Tata culture and values are baseless."

Mishandling of DoCoMo issue may be a reason for Mistry's exit

The issue with DoCoMo has been one of the simmering points between Ratan Tata and Cyrus Mistry, reports Nisha Poddar of CNBC-TV18.

Tata files evidence in Docomo case

Faced with an arbitration award against it by the erstwhile foreign partner NTT Docomo Inc, Tata Sons today said it had filed evidence with English High Court supporting application to set aside ex-parte order obtained by the Japanese telecom major.

DoCoMo drags Tata Group to US court

LCIA has asked Tata Tele to pay USD 1.2 billion to DoCoMo. Until DoCoMo receives the full amount due, it will continue to seek enforcement globally.

RBI seeks to intervene in Tata-NTT Docomo case in HC

The Reserve Bank of India (RBI) today sought to intervene in the ongoing litigation in Delhi High Court between Tata Sons and Japanese telecom major NTT Docomo over the enforcement of a USD 1.17 billion arbitral award in favour of the foreign company.

'Can't change rules to suit convenience in Tata-DoCoMo case'

NTT DoCoMo in 2008 acquired 26.5 percent stake in Tata Teleservices for about Rs 12,740 crore (at Rs 117 per share). This was as per understanding that in case it exits the venture, it will be paid a minimum 50 percent of the acquisition price.

Tatas move London Court to set aside ex-parte order by NTT

"Tata Sons has today filed an application to set aside an ex-parte order obtained by NTT DoCoMo from London's Commercial Court on July 25th, 2016," Tata Sons said in a statement.

Tata Sons files affidavit in HC against payment to Docomo: Srcs

Sources close to Tata Sons tell CNBC-TV18 that the company has filed an affidavit in the Delhi High Court to resist enforcement of the award of London Court of Arbitration Tribunal. The battle between Tata Sons and Japanese telco NTT Docomo is far from over.