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Comment: Tata Group-NTT DoCoMo feud puts spotlight on India's foreign investor exit rules

By Tsering Namgyal ( October 31, 2016, 10:22 GMT | Comment) -- The ongoing legal battle between Indian conglomerate Tata Group and Japanese telecoms giant NTT DoCoMo over a divestment has brought into the spotlight the regulatory risks that foreign investors face when exiting Indian joint ventures, analysts say. NTT DoCoMo’s attempt to sell the minority shares it owns in Indian telecoms partnership Tata Teleservices has been held back due to regulatory hurdles, most notably a Reserve Bank of India regulation that prohibits non-Indian companies from selling shares based on their fair market value.The ongoing legal battle between Indian conglomerate Tata Group and Japanese telecoms giant NTT DoCoMo over a divestment has brought into the spotlight the regulatory risks that foreign investors face when exiting Indian joint ventures, analysts say....

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