NEW DELHI: India has challenged in Singapore a international arbitration courtverdict against you on a $ 2 billion tax claim involving Vodafone Group Plc, a senior government official told Reuters news agency on Thursday on condition of anonymity. The issue is being watched closely after a new disappointment for the …
Read More »India Challenges Vodafone Singapore Arbitration Judgment Over $ 2 Billion Retrospective Tax Dispute
The government had lost an international arbitration case against Vodafone in September. India has challenged in Singapore an international arbitration tribunal’s verdict against it in a $ 2 billion tax lawsuit involving Vodafone Group Plc, according to sources. This development comes after the government lost an international arbitration case against …
Read More »India Loses Cairn Case to Arbitration; asked to pay Rs 8,000 cr in damages
In a major setback, the Indian government lost arbitration to energy giant Cairn under the retrospective tax amendment to the law in a verdict that came Tuesday night. India has been asked to pay damages of Rs 8 billion to the British oil company. The verdict comes three months after …
Read More »The Vodafone case has cost India a lot. Time to accept defeat and move on
Strong states are strengthened by putting limits on their own power; weak states are weakened by descending to arbitrariness. India has to choose what it wants to be. That is the message that an international arbitration tribunal in The Hague is sending to New Delhi. The panel dismissed the Indian …
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