The London Court of International Arbitration is expected to give its verdict within a couple of months.
DoCoMo had sought arbitration in January last year after the Reserve Bank of India (RBI) opposed its move to exercise its option to sell back its stake to Tata Group at half its original investment, as agreed in their joint venture contract.
The crux of the argument presented by NTT DoCoMo was that during the timeframe in which its contract was enforceable, preventive rules from RBI...
Tatas set to settle row with Japan’s NTT DoCoMo
DoCoMo had sought arbitration in January last year after the Reserve Bank of India (RBI) opposed its move to exercise its option to sell back its stake to Tata Group at half its original investment, as agreed in their joint venture contract.
The crux of the argument presented by NTT DoCoMo was that during the timeframe in which its contract was enforceable, preventive rules from RBI...
Tatas set to settle row with Japan’s NTT DoCoMo