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Tata-DoCoMo Truce May Leave Japanese Firm With $790 Million

Tata-DoCoMo Truce May Leave Japanese Firm With $790 Million

Friday, March 3, 2017, 4:01 PM

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. DoCoMo would need to invest the balance of $790 million in India, either for expansion or other joint ventures. DoCoMo at least gets control of the money and can use it for investment in India.
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