NEW DELHI: Vodafone Group Plc lenders have approved the merger of Indus Towers Ltd and Bharti Infratel Ltd, the UK-based company said in a statement on Monday. The agreement to continue the deal is conditional on consent to a security package for the merged entity of Vodafone’s existing lenders, the …
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Vodafone Group Plc won a lengthy tax battle with the Indian government, which had demanded that the British telecom operator pay Rs 20 billion in back taxes, interest and penalties related to the 2007 purchase of Hutchison Whampoa’s operations in India. The Permanent Court of Arbitration in The Hague held …
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NEW DELHI: The government said Friday that it will consider all options, including legal remedies, regarding Vodafone arbitration case which was in favor of the company. British telecommunications giant Vodafone Group plc won the arbitration case against the Government of India for a claim of Rs 22,100 crore in taxes …
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NEW DELHI: Vodafone Group Plc has won a international arbitration case against Indian government in a $ 2 billion tax dispute (over Rs 20,000 crore), two sources with direct knowledge of the matter said. An international arbitration tribunal in The Hague ruled that India’s imposition of a tax liability on …
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Vodafone won the arbitration against India before the international court in The Hague. New Delhi: Telecommunications giant Vodafone won a significant ruling against the Indian government in an international court on Friday for more than Rs 20 billion in quotas that it described as unfair. The international arbitration court in …
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Kolkata: Vodafone Idea Ltd (VIL) has decided to collect by selling its 11.15% stake in Indus Towers for more than Rs 4 billion even as Bharti Infratel decided to go ahead with closing its mega tower merger with Indus . Bharti Infratel said that the merged tower entity’s probable ownership …
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