Japan's largest telecom firm said in a statement that that until, DoCoMo receives the full amount due, it will continue to seek enforcement globally. Japanese telecom firm NTT DoCoMo on Friday said it has moved a US court to force its estranged Indian partner Tata Group to pay US $1.2 billion awarded as damages by an international arbitration for breach of contract. Tata Sons in a statement said it has from outset emphasised its "commitment to honoring its contractual obligations to DoCoMo in accordance with the applicable law." "Tata Sons maintains the same position with respect to the award. Tata Sons said on that basis it is "resisting enforcement in India and will resist enforcement in any other jurisdiction DoCoMo files for enforcement".
Source: dna October 08, 2016 10:18 UTC