Tata might pay $1.3 bn to govt for mobile biz sale to Airtel
Tata Group may have to pay $1.3 billion to the government in dues to get approval for its mobile business' sale to Bharti Airtel, according to reports. The department of telecommunications is demanding that Tata Teleservices must clear any obligations to the government before it approves the deal. Sunil Bharti Mittal-led Airtel is unlikely to pay the sum.