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Vodafone Essar

Jun 19, 2014 at 08:50 | Source: PTI
Sources said in case of an unresolved issue or a conflict, Jaitley has desired that the matter be referred to Prime Minister Narendra Modi. According to sources, even the appointment of former Supreme Court judge RC Lahoti as arbitrator in the tax case was approved by Sitharaman.
May 08, 2014 at 16:55 | Source: PTI
"I have already proposed to Cabinet that since they (Vodafone) have issued a fresh arbitration notice, the original offer of a non-binding conciliation should be taken to be as withdrawn. That offer is no longer there," Finance Minister P Chidambaram said.
May 07, 2014 at 20:02 | Source: PTI
In its notice on April 17, Vodafone said it will go ahead with international arbitration, preferably in London, to resolve the long-pending tax dispute concerning its 2007 acquisition of Hutchison Whampoa's stake in Hutchison Essar.
Mar 13, 2014 at 21:22 | Source: PTI
British telco Vodafone is locked in a capital gains tax dispute related to its acquisition of Hutchison Whampoa's stake in Hutchison Essar in 2007. While the basic tax demand for the 2007 acquisition is Rs 7,990 crore, the outstanding dues, including penalty of a similar amount and accrued interest, run into Rs 20,000 crore.
Mar 04, 2014 at 22:09 | Source: PTI
This is second acquisition of Airtel within a month of it acquiring business and assets of Mumbai base Loop Mobile for about Rs 700 crore.
Mar 04, 2014 at 20:19 | Source: PTI
The Cabinet, however, has left a window open now by not withdrawing Vodafone conciliation talks for settling the Rs 20,000 crore tax dispute until a separate case over transfer pricing is settled by a tribunal.
Mar 03, 2014 at 22:01 | Source: Reuters
Local newspaper reports said Safaricom, which is 40 percent owned by Vodafone , will get Yu's infrastructure such as base stations in a bid to improve the quality of its network.
Feb 28, 2014 at 15:59 | Source: CNBC-TV18
Vodafone wants to include the Rs 3700 crore transfer pricing issue, which according to the revenue department goes went against the Cabinet approval on conciliation that had been given on June 3. The Vodafone stance has always been to fix all the tax issues in one go.
Feb 19, 2014 at 15:54 | Source: PTI
The conciliation talks had broken down after Vodafone issued a supplementary notice to the government, invoking the Bilateral Investment Promotion and Protection Agreement (BIPA) and demanded that a separate transfer-pricing case be clubbed with the capital gains tax matter.
Feb 18, 2014 at 18:00 | Source: PTI
The Finance Ministry has already circulated a draft Cabinet note withdrawing the conciliation offer to Vodafone to resolve the Rs 20,000-crore tax dispute case. "In Vodafone's own words, they are unable to make up their mind whether they should go forward with conciliation.
Messages on Vodafone Essar »

Bull2011

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39 Bharti Airtel Ltd Rupee Term Loan INR 2,000 crore 40 Vodafone Essar Ltd Rupee Term Loan INR 2,000 crore 41 Indus Towers Ltd Rupee Term Loan of INR 1,150 crore 42 Wireless TT Info Services Ltd Rupee Term Loan of INR 1,150 crore 43 Bharti Infratel Ltd Rupee Term Loan of INR 600 crore 44 Essar

7.44 PM Apr 6th

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Source:NDTV Profit - A Delhi court on Tuesday summoned Bharti Airtel chairman Sunil Bharti Mittal, Essar Group promoter Ravi Ruia, and Ashim Ghosh, former CEO of Vodafone Essar, in the additional spectrum allocation case. All three have been named as accused in the case.

4.50 PM Mar 19th 2013

ash_chakra0
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as Bharti AirtelBSE 5.22 %), and Hutchinson Max and Sterling Cellular (now known as Vodafone Essar) last November. The agency had alleged the Telecom department had increased the base spectrum for telecom companies from 4.4 MhZ to 6.2 MhZ during Pramod Mahajan`s tenure as Telecom Minister from 2001 to 2003

11.34 PM Nov 28th 2012

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Source:Business Standard - The Gujarat High Court on Monday allowed Vodafone Essar Gujarat Ltd to go ahead with its plan to demerge passive infrastructure assets (PIAs), which include mobile communication towers, into group company Vodafone Essar Infrastructure Ltd. A division bench of Justice P B

10.13 AM Aug 28th 2012

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HC sanctions demerger scheme of Vodafone Essar Gujarat

8.36 PM Aug 27th 2012

Firstpost

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Source:FirstPost - Bharati Airtel is set to face the heat for the alleged sub-letting of 3G spectrum to Vodafone Essar and Idea under the guise of a “roaming agreements.”  Telecom Secretary R  Chandrashekhar and Member (Technical) JK Roy have approved issuing of a show-cause notice to Bharti

10.34 AM Jul 10th 2012

Firstpost

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Source:FirstPost - Bharati Airtel is set to face the heat for the alleged sub-letting of 3G spectrum to Vodafone Essar and Idea under the guise of a “roaming agreements.”  Telecom Secretary R  Chandrashekhar and Member (Technical) JK Roy have approved issuing of a show-cause notice to Bharti

2.14 PM Jul 9th 2012

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India Securities, which is a holding company through which ESSAR held stake in Vodafone ESSAR, de-listing may have hit a road block.

5.38 PM Jun 1st 2012

livelovelau
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The Meeting was adjourned to May 14, 2012 for adoption of Unaudited results for the Quarter ended March 31, 2012. EVERYTHING is being postponed .essar capital (holding co of listed essar securities ) &essar teleholdings ltd(now d listed ,has stake in controversial vodafone essar and also involved

1.53 PM May 11th 2012

livelovelau
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normally one is suppose to get interest when the pay out date is extended with regulatory permission.but right now nothing is clear why this delay/one RUMOR is that its because of vodafone essar tax dispute &another is that its court case against floor price.

11.25 AM May 10th 2012

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