Tata Teleservices Ltd News
The stock was the biggest gainer among blue-chips on both the key indices during the day.
The Delhi High Court on Friday upheld the award of USD 1.17 billion damages to be paid to Japanese telecom major NTT DoCoMo by Tata Sons for its failure to find a buyer for the foreign company's stake in their joint venture.
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.
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.
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