Tata Teleservices (Maharashtra) Ltd. News and Updates

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Tata Teleservices (Maharashtra) Ltd.

24 May 2016

64.22

-1.41%

Tata DoCoMo Net Plan 126'

Business Line

Tata Docomo has launched a first recharge coupon priced at 126 for new customers in Kerala. Called the Net Plan,' this will double the data benefits offered by four distinct recharge coupons pri...

Tata Teleservices (Maharashtra) Ltd. has lost -15.33% in the last 1 Month

Tata Teleservices (Maharashtra) Ltd.

23 May 2016

64.22

-1.41%

Tata Teleservices rolls out new maternity leave policy

Business Line

Tata Teleservices today said it has rolled out new 6+6 maternity leave policy effective April 1, 2016. The policy entitles all new mothers to get six months of paid maternity leave, followed by six...

Tata Teleservices (Maharashtra) Ltd. has lost -15.33% in the last 1 Month

Tata Teleservices (Maharashtra) Ltd.

17 May 2016

64.22

-1.41%

Tatas set to settle row with Japan's NTT DoCoMo

Economic Times

MUMBAI: The Tata group and Japan's NTT DoCoMo are a step away from a settlement to their over two-year-old dispute on the latter's stake sale in Tata Teleservices. Both sides' arguments have been heard in London and an award is awaited, two people familiar with the matter said. The crux of the argument presented by NTT DoCoMo was that during the timeframe in which its contract was enforceable, preventive rules from the Reserve Bank of India were either not in place or were lifted. The Tata group has maintained it hasn't breached contract but couldn't pay its joint venture partner because central bank regulations prevented it from doing so, the people said. While timeline for the final decision isn't know, lawyers say it usually takes up to two months to deliver the verdict. Sources say attempts at an out of court settlement didn't work out. "Valuers were appointed at a time to ascertain Tata Teleservices' value. Sale attempts have been made to get a value for NTT DoCoMo. However, none has worked out, some due to regulatory hurdles others due to disagreement on pricing," said a person familiar with details. Both groups declined comment as the matter is sub-judice. In...