If this ET sources are to be believed, the Dhoots (Videocon Group) and the Nahatas (HFCL Group) are close to thrashing out a resolution to their long standing dispute over new telco Datacom. Datacom has licenses to operate in all 22 circles, and should be a prime target for foreign investment, but the standoff between the two owners has led to a delay. Mahendra Nahata may sell his stake in Datacom for Rs. 2116 crores, but is also open to raising funds to buy out the 64% that the Dhoots own. Remember that Nahata's Jumbo Techno Services reportedly owned 90% in Datacom before the Dhoots picked up 64%. The dispute has been over the fund raising - Videocon was to invest $901 million in the company. Since the dispute became public, Unitech has inked a deal with Telenor and Swan…
