Vodafone drags in transfer pricing case under global arbitration
Feb 25, 2014 at 06:06 | Source:
NEW DELHI: Vodafone wants to widen the scope of its international arbitration notice against India to include an Rs 8,500-crore transfer pricing case along with the earlier tax dispute over the 2007 acquisition of Hutchison Essar, adding to the diffe...
Facebook CEO Mark Zuckerberg riding high - for now, after WhatsApp deal
Feb 24, 2014 at 16:16 | Source:
SAN FRANCISCO/BARCELONA: Facebook Inc Chief Executive Officer Mark Zuckerberg will take a victory lap at the world's largest mobile technology conference in Barcelona on Monday, after beating out Google Inc in a $19 billion acquisition of free messag...
Post 2G spectrum auction, are telecom stocks good picks now?
Feb 24, 2014 at 09:21 | Source:
The 2G spectrum auction has helped the government collect Rs 61,162 crore and control its fiscal situation. However, it has dented the finances of telecom players. The existing players have taken the biggest hit because the government refused to ren...
Government to auction 165 Mhz spectrum next fiscal
Feb 22, 2014 at 04:46 | Source:
NEW DELHI: Government will auction about 165 megahertz of spectrum in financial year 2014-15 that is held by telecom operators whose licences are set to expire in December 2015. "Next year many more licences will come up for renewal for which there ...
Goldman Sachs misses out on WhatsApp, 2014's top deals so far
Feb 22, 2014 at 03:15 | Source:
REUTERS - WhatsApp? Not Goldman Sachs.The world's top deal adviser for nine of the past 10 years, Goldman Sachs Group Inc(GS.N) has been notably absent on 2014's largest mergers and acquisitions, including Facebook's $19 billion deal to purchase mobi...
Vodafone lifts FTSE 100 for sixth day; retailers fall
Feb 22, 2014 at 02:22 | Source:
LONDON (MarketWatch) — A gain for Vodafone Group PLC helped lift U.K.’s benchmark stock index on Friday, while retailers declined after downbeat retail-sales data for January. The FTSE 100 index (FTI:UK:UKX) added 0.4% to 6,838.06, closing hig...
Telecom merger rules in place
Feb 21, 2014 at 10:32 | Source:
Calcutta Telegraph News
New Delhi, Feb. 20: The government today cleared the path for consolidation within the deeply fragmented telecom industry by permitting mergers and acquisitions but set a rider that the market share of the resulting entity should not exceed 50 per c...
Case over spectrum allocation during NDA regime postponed
Feb 20, 2014 at 12:49 | Source:
New Delhi: A Delhi court Thursday posted for 4 April, the hearing of a case over grant of additional spectrum to private operators through a union government decision of January 2002, during the National Democratic Alliance (NDA) regime.The hearing i...
Vodafone says pricing dispute related to Hutchison s assets buy
Feb 20, 2014 at 05:27 | Source:
NEW DELHI: Vodafone Group Plc and the government are back on a collision course. The UK telecom major has stuck to its stand that the Rs 8,500-crore transfer pricing dispute is part of the broader tax row related to its purchase of Hutchison's asset...
Vodafone blames government for Rs 20000 crore tax dispute talks collapse
Feb 20, 2014 at 00:00 | Source:
Vodafone Group blamed the government on Wednesday for the collapse of talks aimed at settling a Rs 20,000 crore tax dispute relating to its acquisition of Hutchison Whampoa's mobile business in the country. The finance ministry is preparing t...
Vodafone says it responded in time to govt on tax dispute
Feb 19, 2014 at 22:11 | Source:
NEW DELHI: Vodafone today countered the government's assertion of a breakdown in talks over its tax dispute and said capital gains from the Hutchison transaction and a separate transfer pricing notice relate to the same deal and should be considered ...
Vodafone says it responded in time on tax dispute
Feb 19, 2014 at 22:00 | Source:
Vodafone today countered the government's assertion of a breakdown in talks over its tax dispute and said capital gains from the Hutchison transaction and a separate transfer pricing notice relate to the same deal and should be considered tog...
Acquisition of Loop Mobile is credit positive for Bharti Airtel: Moody's
Feb 19, 2014 at 15:21 | Source:
NEW DELHI: In the first telecom merger and acquisition (M&A) deal since the government finalised its policy on the same, Bharti Airtel earlier this week signed an agreement with Mumbai-based Loop Mobile for about Rs 700 crore. It is credit positive ...
Now pay in EMIs, mobile money: AAP's new fundraising ideas
Feb 19, 2014 at 12:40 | Source:
The Aam Aadmi Party's funding patterns have had a tradition of attracting attention, first over the allegations of foreign funds and alleged FCRA violations and later over its plan to raise funds from the Indian community in Singapore during Republic...
RBI must align monetary policy with govt's economic vision: P Chidambaram
Feb 19, 2014 at 05:31 | Source:
"This government believes that there must be a balance between price stability and growth," he told ET NOW in an interview on Tuesday. "I sincerely hope the next government will also adhere to that policy. That is a correct policy for a developing c...