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1410 Results Found
  • Government should bite the bullet in the Cairn tax dispute Apr 13, 2021 09:26 AM IST

    Government should bite the bullet in the Cairn tax dispute

    Resolving the dispute can shore up India’s ambition to be an investment-friendly destination

  • Here’s how the telecom spectrum auction fared in 2021 versus 2016 Mar 03, 2021 03:03 PM IST

    Here’s how the telecom spectrum auction fared in 2021 versus 2016

    The spectrum additions, which bring the government more revenue from fewer bidders than the 2016 auction, will help improve networks and protect the market position of existing entities, experts say.

  • Vodafone lost 5.7 million customers in December, India's telecom base too shrinks Feb 19, 2021 02:16 PM IST

    Vodafone lost 5.7 million customers in December, India's telecom base too shrinks

    The highest growth rate in mobile subscriber base was recorded in Jammu and Kashmir, while the biggest decline was recorded in Punjab at 3.34 percent.

  • Centre has challenged Vodafone’s award in Singapore Court, confirms CBDT chairman Feb 03, 2021 11:58 AM IST

    Centre has challenged Vodafone’s award in Singapore Court, confirms CBDT chairman

    The government is also examining the Cairn order related to retrospective amendment of tax laws, CBDT Chairman PC Mody said.

  • Tech sector continues to be the largest recruiter even amid the pandemic Jan 03, 2021 12:11 PM IST

    Tech sector continues to be the largest recruiter even amid the pandemic

    Tech sectors that are hiring include IT services, internet-enabled services and software products and services firms. Some of the prominent employers were Accenture India, Amazon, DXC Tech, IBM, Microsoft, JPMorgan Chase, Citi, GE, and Vodafone.

  • India appeals against Vodafone arbitration award in Singapore court Dec 24, 2020 01:12 PM IST

    India appeals against Vodafone arbitration award in Singapore court

    India has challenged an arbitration award given to Vodafone in connection with the retrospective tax demand case.

  • Cairn's win in tax case may push India to appeal Vodafone order: Report Dec 24, 2020 09:11 AM IST

    Cairn's win in tax case may push India to appeal Vodafone order: Report

    The Centre is now more likely to challenge the decision of Hague-based Permanent Court of Arbitration (PCA) in the Vodafone retrospective tax demand case.

  • Arbitration ruling | Government examining Cairn judgement, sources say Dec 23, 2020 02:28 PM IST

    Arbitration ruling | Government examining Cairn judgement, sources say

    The government has been asked to pay damages at the share value of Rs 330 in 2014, instead of the Rs 220-240 per share price at which it was sold by the Income-Tax Department in 2018, in tranches. The damages also include Rs 1,590 crore of tax refund due to the British company besides the legal fees.

  • Govt still uncertain on challenging Vodafone arbitration award: Report Dec 23, 2020 11:09 AM IST

    Govt still uncertain on challenging Vodafone arbitration award: Report

    On September 24, Hague-based Permanent Court of Arbitration (PCA) ruled in Vodafone's favour in the arbitration case against the India's retrospective tax demand of Rs 22,100 crore.

  • Farm reform laws | Reliance Jio seeks TRAI action against Airtel, Vi for spreading frivolous rumours Dec 14, 2020 07:36 PM IST

    Farm reform laws | Reliance Jio seeks TRAI action against Airtel, Vi for spreading frivolous rumours

    RJio says Airtel and Vodafone Idea are resorting to unethical ways to spread rumours that Reliance stands to gain from the new farm laws. The telco also laid blame on these campaigns as the main reason for the "large number of port-out requests"

  • Vodafone says it won't invoke India-UK BIPA until Dutch arbitral award is set aside Dec 08, 2020 02:44 PM IST

    Vodafone says it won't invoke India-UK BIPA until Dutch arbitral award is set aside

    Vodafone had in September 2020 won the arbitration case against the income tax (IT) department's retrospective tax demand of Rs 22,100 crore.

  • Vi tariff hike: Vodafone Idea raises price of two postpaid plans by Rs 50 Dec 01, 2020 04:31 PM IST

    Vi tariff hike: Vodafone Idea raises price of two postpaid plans by Rs 50

    These are not individual plans and are part of the telco’s RED Family plans.

  • Tax havens sap resources needed to fight COVID-19 Nov 24, 2020 08:45 AM IST

    Tax havens sap resources needed to fight COVID-19

    The 'State of Tax Justice 2020' report on the economic and social cost of international tax abuse pegs India's annual global loss at 45 percent of its public health expenditure

  • Vodafone plans to raise nearly $5 billion in Vantage Towers IPO in 2021: Report Nov 14, 2020 09:11 AM IST

    Vodafone plans to raise nearly $5 billion in Vantage Towers IPO in 2021: Report

    Vodafone had in July 2020 announced its plan for a Vantage Towers IPO in 2021.

  • India has time till Dec-end to appeal against Vodafone arbitration award Nov 03, 2020 03:57 PM IST

    India has time till Dec-end to appeal against Vodafone arbitration award

    Finance Secretary Ajay Bhushan Pandey, refusing to be drawn into discussion on former Finance Minister Arun Jaitley''s promise to honour awards in retrospective tax cases, said the government is examining all aspects to arrive at a decision on whether to appeal against the Voda award.

  • Will the government challenge Vodafone tax arbitration verdict? Delhi HC wants answer by November 7 Oct 12, 2020 09:46 PM IST

    Will the government challenge Vodafone tax arbitration verdict? Delhi HC wants answer by November 7

    The government’s stance will have huge implications — not just on other international arbitration cases involving British oil energy explorer Cairn Energy Plc and mining major Vedanta Resources but also on the India outlook of global investors and MNCs batting for tax certainty.

  • Vodafone arbitration case: India can move to the High Court of Singapore for seeking legal remedies Sep 28, 2020 02:18 PM IST

    Vodafone arbitration case: India can move to the High Court of Singapore for seeking legal remedies

    British telecom major Vodafone won the case against India over a retrospective tax demand. The Permanent Court of Arbitration (PCA) at The Hague ruled that the conduct of India's tax department is in breach of "fair and equitable" treatment.

  • India will contest Vodafone tax-case win, reach out to reassure foreign investors: Report Sep 27, 2020 08:26 PM IST

    India will contest Vodafone tax-case win, reach out to reassure foreign investors: Report

    Vodafone had won its case against the Centre at the Permanent Court of Arbitration against the around Rs 40,000 crore levied in retrospective tax dues. However, the government remains confident that Indian courts will deny the company's request to enforce the award

  • Vodafone calls truce with TRAI, tweaks plans for RedX Sep 26, 2020 08:14 PM IST

    Vodafone calls truce with TRAI, tweaks plans for RedX

    TRAI has now informed VIL that ”the authority has decided not to proceed with the investigation/ further inquiry”.

  • Vodafone legal advisor on tax win: India’s obligations to foreign investors, including on tax certainty, are again back in sharp focus Sep 25, 2020 10:58 PM IST

    Vodafone legal advisor on tax win: India’s obligations to foreign investors, including on tax certainty, are again back in sharp focus

    The PCA has held that Vodafone is entitled to fair and equitable treatment under the Bilateral Investment Treaty signed between India and The Netherlands

  • Finance Ministry says will examine Vodafone arbitration case Sep 25, 2020 07:22 PM IST

    Finance Ministry says will examine Vodafone arbitration case

    The Permanent Court of Arbitration at Hague has ruled that the conduct of India's tax department is in breach of "fair and equitable" treatment.

  • Vodafone wins arbitration against India in retrospective tax case Sep 25, 2020 03:08 PM IST

    Vodafone wins arbitration against India in retrospective tax case

    The telco had moved the International Court of Justice (ICJ) in 2016 due to a lack of consensus between the parties' arbitrators in finalising a judge for the tax dispute.

  • AGR case verdict: 8 key takeaways from Supreme Court's order Sep 01, 2020 12:32 PM IST

    AGR case verdict: 8 key takeaways from Supreme Court's order

    The Supreme Court has directed telecom companies to pay 10 percent of the AGR dues upfront.

  • AGR Hearing Highlights | SC seeks details of spectrum shared by insolvent cos; adjourns hearing to Aug 24 Aug 21, 2020 01:41 PM IST

    AGR Hearing Highlights | SC seeks details of spectrum shared by insolvent cos; adjourns hearing to Aug 24

    The Supreme Court (SC) will hear a plea by telecom companies in the adjusted gross revenue (AGR) case today at 2 pm. A bench led by Justice Arun Mishra will hear the matter pertaining to repayment of AGR dues by telecom companies.

  • No regulatory objection while Vodafone Idea offered premium plan for months: Airtel to TRAI Aug 11, 2020 10:33 PM IST

    No regulatory objection while Vodafone Idea offered premium plan for months: Airtel to TRAI

    The regulator had shot off questions to the two operators, asking them to explain their position on the controversial issue and provide relevant data to substantiate their claims.

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