Tatas allowed to resolve dispute with Idea

The SC has allowed Tata Industries' petition seeking arbitration to resolve its dispute related to the termination of their JV Idea Cellular with AV Birlas' group firm Grasim.

The Supreme Court on Wednesday allowed Tata Industries' petition seeking arbitration to resolve its dispute related to the termination of their joint venture Idea Cellular with AV Birlas' group firm Grasim.

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Justice VS Sirpurkar while allowing Tata's pleas appointed former Chief Justice AS Anand, former Supreme Court judges Arun Kumar and PK Balasubramian as arbitrators.