Tata Docomo

Docomo's unlimited voice calls are limited to 250 minutes per day calling after which 30 paise per minute is charged for voice calls.

The amount of 144.9 billion yen received by DoCoMo pertains to the arbitration award and includes interest earned and other costs awarded.

NTT DoCoMo, in November 2008, acquired 26.5 per cent stake in Tata Teleservices for about Rs 12,740 crore (at Rs 117 per share), offering services under the Tata DoCoMo brand.

A joint filing was made with the Competition Commission of India (CCI) for acquisition of share amounting to 21.63 per cent in TTSL by Tata Sons and four other group firms -- Tata Steel, Tata Industries, Tata Communications and Tata Power.

In its application, Tata Group has told CCI that the proposed transaction will not affect or change the competitive landscape of the telecommunications market in India.

The high court rejected Reserve Bank of India's objections in the Tata-DoCoMo case, clearing the decks for the Tatas to pay over $1.1 billion to the Japanese firm.

The Delhi High Court rejected Reserve Bank of India's objections in the Tata-DoCoMo case, clearing the decks for the Tatas to pay $1.17 billion to the Japanese telecom major.

The New Delhi Municipal Council (NDMC) is making arrangements for the same and tenders have already been floated.

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.

DoCoMo has also agreed to end all legal proceedings against Tata in the UK and the United States for a period of time, the statement said.

Tata Sons and DoCoMo have jointly applied to the Delhi High Court, requesting that it accept their agreed terms of settlement.

Tata Teleservices and DoCoMo have been locked in a long tussle over the Japanese company's move to exit a partnership formed in 2009.

Ratan Tata, who suddenly returned to the helm of India's largest conglomerate last week, has reportedly restarted discussions with NTT Docomo on resolving the dispute outside the courts.

Earlier in the day, a statement by Cyrus Mistry's office asserted that "insinuations that Docomo issue was handled in a manner inconsistent with Tata culture and values are baseless".

After Mr Mistry was abruptly removed a week ago, sources close to Mr Tata said that he believed he would "be made the fall guy" in the post-mortem of the partnership with DoCoMo, which has won $1.2 billion by an international arbitration court.

Docomo's unlimited voice calls are limited to 250 minutes per day calling after which 30 paise per minute is charged for voice calls.

The amount of 144.9 billion yen received by DoCoMo pertains to the arbitration award and includes interest earned and other costs awarded.

NTT DoCoMo, in November 2008, acquired 26.5 per cent stake in Tata Teleservices for about Rs 12,740 crore (at Rs 117 per share), offering services under the Tata DoCoMo brand.

A joint filing was made with the Competition Commission of India (CCI) for acquisition of share amounting to 21.63 per cent in TTSL by Tata Sons and four other group firms -- Tata Steel, Tata Industries, Tata Communications and Tata Power.

In its application, Tata Group has told CCI that the proposed transaction will not affect or change the competitive landscape of the telecommunications market in India.

The high court rejected Reserve Bank of India's objections in the Tata-DoCoMo case, clearing the decks for the Tatas to pay over $1.1 billion to the Japanese firm.

The Delhi High Court rejected Reserve Bank of India's objections in the Tata-DoCoMo case, clearing the decks for the Tatas to pay $1.17 billion to the Japanese telecom major.

The New Delhi Municipal Council (NDMC) is making arrangements for the same and tenders have already been floated.

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.

DoCoMo has also agreed to end all legal proceedings against Tata in the UK and the United States for a period of time, the statement said.

Tata Sons and DoCoMo have jointly applied to the Delhi High Court, requesting that it accept their agreed terms of settlement.

Tata Teleservices and DoCoMo have been locked in a long tussle over the Japanese company's move to exit a partnership formed in 2009.

Ratan Tata, who suddenly returned to the helm of India's largest conglomerate last week, has reportedly restarted discussions with NTT Docomo on resolving the dispute outside the courts.

Earlier in the day, a statement by Cyrus Mistry's office asserted that "insinuations that Docomo issue was handled in a manner inconsistent with Tata culture and values are baseless".

After Mr Mistry was abruptly removed a week ago, sources close to Mr Tata said that he believed he would "be made the fall guy" in the post-mortem of the partnership with DoCoMo, which has won $1.2 billion by an international arbitration court.