Corporate News • Idea to challenge DoTs Rs 600 cr penalty. - TopicsExpress

Corporate News • Idea to challenge DoTs Rs 600 cr penalty. Penalty relates to acquisition of Spice Telecommunications in 2008, which DoT says violates its M&A terms. • Bharti Airtel set to raise up to 750 million Euro. The final guidance of the isssue has been set at 5-year mid swap plus 300 to 310 basis points. • Tata Motors commits 30 mn pounds for long term R&D in UK. Company has confirmed its long term commitment to advanced re- search and development in the UK.

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