Bahrain's Batelco wins $211.1 million from Indian partner
 

16-06-14 12:17 PM

A British court has ruled in Batelco’s favour (BTEL.BH), ordering the Bahraini telecom operator’s former Indian partner to pay it $211.1 million for failing to fulfil a previous agreement, a statement to Manama’s bourse said on Monday. Batelco, via wholly-owned subsidiary BMIC, had sued Siva and its chairman Chinnakannan Sivasankaran for $174.5 million it paid Chennai-based Siva for a 43 percent ...

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