India Said Planning to Block Tata Sons Payment to NTT Docomo

Updated on
  • Finance ministry unwilling to give exemption needed by Tata
  • NTT Docomo seeks payment of $1.17 billion arbitration award

India plans to block Tata Sons Ltd.’s payment of a $1.17 billion arbitration award to NTT Docomo Inc., which is seeking compensation for its stake in the Indian conglomerate’s wireless business, people familiar with the matter said.

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