As telecom sector reels, need for government to step in (News Analysis)
One of the reasons is the high levies imposed on the sector. Industry bodies have often in the past bemoaned the fact that the Indian levy on the sector is in the 30 per cent-plus range.
Oct 04, 2017, 18:26 PM ISTTata Sons to seek CCI, I-T nod for DoCoMo payout
Tata Sons will seek the approval of the Competition Commission of India and tax authorities to remit USD 1.18 billion to estranged partner NTT DoCoMo to settle its long-standing dispute.
May 02, 2017, 23:53 PM ISTTata-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.
Mar 08, 2017, 17:40 PM ISTTatas 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.
Feb 28, 2017, 14:49 PM ISTReliance Jio effect: Latest BSNL, Airtel, Idea plans offering unlimited calling, free GB
With Reliance Jio now offering free calling services and disruptive data pricing, mobile telecom service providers have started launching recharge plans offering unlimited voice calls, and various data benefits, in order to retain users.
Dec 18, 2016, 05:13 AM ISTWe 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).
Dec 02, 2016, 00:22 AM ISTRatan Tata is a disgrace to the Tata family: Subramanian Swamy
Bharatiya Janata Party(BJP) leader and MP from Rajya Sabha Subramanian Swamy on Friday alleged that Ratan Tata is a corrupt person and termed him a disgrace for the Tata family.
Nov 11, 2016, 14:24 PM ISTTata-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.
Sep 05, 2016, 21:10 PM ISTTatas say will pay to DoCoMo within 'confines' of Indian law
Tata Sons on Saturday said NTT DoCoMo - the estranged Japanese partner - is confusing its intent to pay with what is "legally payable" by the Indian company, and emphasised that its intent is to pay but "within the confines of the law".
Sep 03, 2016, 22:44 PM ISTTata 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.
Jul 28, 2016, 23:28 PM ISTRBI says no to our proposal to buy back Docomo stake: Tata
Tata Sons has said the RBI has turned down a request to allow it to buy back the Japanese Group NTT Docomo's 26 percent stake in their telecom joint venture.
Mar 25, 2015, 09:30 AM ISTNTT Docomo drags Tata Sons to arbitration over stake sale
Japanese telecom giant NTT Docomo has dragged Tatas to an arbitration court, alleging that the Indian firm failed to honour commitment to buy its Rs 7,250 crore stake in their joint venture Tata Teleservices Ltd.
Jan 05, 2015, 12:23 PM IST