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13 Oct 2017

Bharti Airtel stock surges on Tata mobile unit deal

India`s telecoms market has seen rapid consolidation since the entrance of Reliance Jio Infocomm Ltd sparked a price war.

Airtel Tata merge

12 Oct 2017

Airtel to acquire struggling Tata Tele on 'no-debt, no-cash' basis

In February, Airtel absorbed Telenor's operations in seven circles -- Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam in a similar no cash deal.

12 Oct 2017

Tata Teleservices to merge consumer mobile business with Bharti Airtel

The merger is being done on a debt-free cash-free basis, except for Bharti Airtel assuming a small portion of the unpaid spectrum liability of Tata`s towards DoT, which is to be paid on deferred basis, the statement added.

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.

14 Mar 2017

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

The RBI on Tuesday 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.

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).

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.

03 Sep 2016

Tatas 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".

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.

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.

27 May 2016

Tata Group enters e-commerce market with apparel, electronics website

India`s biggest conglomerate Tata Group launched an e-commerce venture on Friday, as it seeks to cash in on rising purchasing power in a market dominated by deep-pocketed international retailers and startups backed by global tech investors.

23 May 2015

Tata Docomo launches customised solutions for pre-paid users

Telecom service provider Tata Docomo has launched a special recharge for pre-paid customers which extends the validity based on the customer's usage pattern.

13 May 2015

Sanjiva Jha new head of Tata Docomo's AP and Telangana ops

Jha would be responsible for overseeing the company's operations and business in the Andhra Pradesh and Telangana markets.

01 May 2015

Tata Docomo cuts roaming rates by up to 75%

For STD calls during roaming, Tata Docomo customers will be charged Rs 1.15 per minute

telecom service

11 Apr 2015

Tata Docomo looking to double turnover from rural Tamil Nadu

Telecom services provider Tata Docomo is looking to double its turnover from rural areas of the state during the current fiscal from the present 15 percent, a senior company official said.

25 Mar 2015

RBI 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.

18 Feb 2015

Tata Docomo to tap Facebook for marketing push

The project is being carried out on a pilot basis and will be introduced commercially shortly.

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