- Karnataka rain fury: Photos of flooded streets, uprooted treesCannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfitRanbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A KissOscars 2022: Every Academy Award WinnerShane Warne (1969-2022): Australian cricket legend's life in picturesPhotos: What Russia's invasion of Ukraine looks like on the groundLata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)Wedding pics: Mouni Roy marries Suraj Nambiar in South Indian ceremony73rd Republic Day Parade 2022 - In Pictures
Cristiano Ronaldo experienced an emotional rollercoaster as Portugal survived Slovenia in
- Zhang Zhizhen writes new history by roaring into Halle ATP semis
- Golf: DeChambeau edges McIlroy for second US Open title
- French Open: Iga Swiatek saves match point to beat Naomi Osaka
- ‘These last few days’: Chhetri shares emotional post heading into final international game
- FIH Pro League: Harmanpreet scores hat-trick as Indian men’s hockey team beats Argentina 5-4
Tata Sons agrees to pay $1.18 bn to DoCoMo Last Updated : 28 Feb 2017 05:09:03 PM IST (file photo)
Tata Sons on Tuesday said it has agreed to pay $1.18 billion (Rs 7,876 crore) to Japanese mobile operator NTT DoCoMo for transfer of the latter's shares to Tata Teleservices Ltd..
"The Board has agreed to pay $1.18 billion to DoCoMo as enforced by the London Court of International Arbitration on June 22, 2016 and withdraw objections to its award in India," Tata Sons, the Tata Group's holding firm, said in a statement here.
As both the parties have jointly applied to the Delhi High Court for settling their dispute, the settlement terms will be subject to its further orders.
Tata Sons has already deposited the amount with the Delhi High Court.
"As part of the joint application, DoCoMo has agreed to suspend its enforcement proceedings in Britain and the US for a period of time," added the statement.
For Latest Updates Please-
Join us on
Follow us on
172.31.16.186