TOKYO -- India's Tata Group has agreed to pay Japan's NTT Docomo roughly $1.17 billion in connection with the end of a tie-up in the South Asian nation, potentially ending a lengthy legal battle.
Tata Sons, the conglomerate's holding company, will pay the full amount of damages sought by the Japanese mobile carrier. The deal could be announced as soon as Tuesday. The Reserve Bank of India must approve the settlement.
