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NTT Docomo News

31 Oct 2017

NTT DoCoMo receives $1.2 billion from Tatas

However, Reserve Bank of India had objected to the transfer which was later rejected by the Delhi High Court in April, thus clearing the decks for the Tatas to pay over USD 1.18 billion to the Japanese firm.

28 Apr 2017

Hope RBI won't delay final resolution with Tatas: DoCoMo

Japanese telecom firm NTT DoCoMo hopes that the RBI will not create any more obstacle in enforcement of the USD 1.17-billion award by the Tata Group as approved by the Delhi High Court to settle a 3-year old dispute between the estranged partners.

15 Mar 2017

HC reserves verdict on Tata-Docomo arbitral award enforcement

The Delhi High Court on Wednesday reserved its verdict on Japanese telecom major NTT Docomo's plea to enforce the USD 1.17 billion damages awarded to it for breach of contract by Tata Sons with regard to their joint venture TTSL.

08 Mar 2017

Tata-Docomo arbitral award enforcement: HC awaits RBI's stand

The Delhi High Court on Wednesday asked the RBI whether its permission was required if there is no other objection to the enforcement of the USD 1.17 billion arbitral award in favour of Japanese telecom major NTT Docomo in its case with Tata Sons.

03 Mar 2017

Tata-DoCoMo truce may leave Japanese firm with $790 million to invest in India

Tata Sons will split a dispute settlement payment of $1.18 billion owed to NTT DoCoMo over the Japanese firm`s exit from a telecoms joint venture, leaving it with about two-thirds of the amount to invest in India, a source said.

28 Feb 2017

Tatas agree to pay NTT Docomo $1.18 bn subject to court nod

Tata Sons on Tuesday said it has agreed to pay Japanese telecom firm NTT Docomo USD 1.18 billion to settle the 2-year old dispute over their Indian telecom joint venture.

01 Dec 2016

We have intention to pay damages to Docomo: Tata tells HC

Tata Sons Thursday told the Delhi High Court that it has every intention of paying the arbitral award of USD 1.17 billion in favour of Japanese telecom major NTT Docomo, but has been unable to do so due to lack of permission from the Reserve Bank of India (RBI).

01 Nov 2016

Tata-DoCoMo case: Ratan Tata was part of all decisions, says Cyrus Mistry

Ratcheting up war of words, ousted Tata Group Chairman Cyrus Mistry today rebutted "insinuations" of mishandling a dispute with Japan's NTT DoCoMo, saying Ratan Tata was party to all decisions regarding the telecom venture, a remark that Tata Sons rejected as 'imagined insinuations'.

08 Oct 2016

DoCoMo moves US court, Tata Sons to resist

In a dispute between NTT DoCoMo and Tata Sons over the enforcement of a US $1.17 billion award by the London Court of International Arbitration (LCIA), the Japanese firm has moved a US court.

05 Sep 2016

Tata-DoCoMo spat: Tatas move London Court over ex-parte order

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 a understanding that in case it exits the venture, it will be paid a minimum 50 percent of the acquisition price.

29 Jul 2016

DoCoMo row: Tata Sons deposits USD 1.17 billion with Delhi HC

Tata Sons today said it has transfered USD 1.17 billion, equal to the compensation awarded to its estranged partner DoCoMo of Japan, into a fixed depsoit in name of Delhi High Court Registrar.

28 Jul 2016

Tata Sons says Docomo cannot seize its British assets

Tata Sons Thursday denied strongly the speculation that its assets in Britain could be seized following the London arbitration award against the group in the Tata Tele-Docomo case last month.

28 Jul 2016

Japan legal claim threatens Tata assets in UK: Report

A dispute over alleged unpaid dues between Japan's mobile phone operator, NTT DoCoMo, and the Tata group could involve the latter's assets in Britain, according to a UK media report Thursday.

24 Jun 2016

Tata Sons ordered to pay $1.17 bn to Japan's NTT DoCoMo

Tata Sons has been ordered to pay Japan's largest mobile phone firm NTT DoCoMo USD 1.17 billion in compensation for breaching an agreement on India joint venture.

Tata Teleservices

20 Jul 2015

Tata Teleservices shares surge 20%; hit upper circuit

Tata Teleservices (Maharashtra) shares Monday surged 20 percent amid reports that the Tata Group has offered to buy out Japanese telecom major NTT Docomo's 26.5 percent stake in unlisted Tata Teleservices for Rs 23.34 a share.

14 Jan 2015

Tata Sons gets RBI node to buy DoCoMo's stake in telecom JV

Tata Sons has won an approval of the RBI to buy Japanese telecom firm NTT DoCoMo's stake in their struggling joint venture, Tata Teleservices, for Rs 7,250 crore.

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