Vodafone Group Plc
Business  /  Published 24.02.22

Vodafone looks to exit Indus Towers

Vodafone Group plc on Wednesday said it was engaged in separate negotiations to offload its stake in Indus Towers. The British telecom giant will sell 2.4 per cent of its stake in the telecom tower co...
By Our Special Correspondent in Mumbai

Business  /  Published 09.11.21

Voda retro tax rule notified

The government has notified a fresh set of rules to facilitate settlement of the retrospective tax dispute with British telecom giant Vodafone Plc. The Central Board of Direct Taxes on October 13 noti...
By The Telegraph in New Delhi

Business  /  Published 21.09.21

Voda unlikely to take equity conversion

Vodafone Idea will use the four-year moratorium allowed by the government but is unlikely to take the equity conversion option which is one of the key elements of the relief package announced by the C...
By Our Bureau in Mumbai

Business  /  Published 08.09.21

Cairn accepts one bilion dollar refund offer

Cairn Energy on Tuesday said it has accepted the Modi government’s offer to refund the company Rs 7,900 crore (or $ 1.06 billion) to settle the retrospective tax dispute but did not categoricall...
By Our Special Correspondent in New Delhi

Business  /  Published 06.09.21

Telecom relief package in the works

The government plans to come out with a relief package for the telecom sector, burdened by huge dues in adjusted gross revenues that threaten to turn the industry into a duopoly even as a relief packa...
By R. Suryamurthy in New Delhi


Business  /  Published 29.08.21

Draft for withdrawal of retro tax demands

  In a move that will aid closure of retro tax demands against companies such as Cairn Energy and Vodafone PLC, the Income Tax Department on Saturday released draft of rules to drop such demands...
By PTI in New Delhi

Business  /  Published 29.08.21

Draft retro tax rules released

The draft rules for the Taxation Laws (Amendment) Act, 2021, which would end the retrospective tax disputes with Cairn Energy and Vodafone Plc, commits to refund the principal sum within a 30-day time...
By Our Special Correspondent in New Delhi

Business  /  Published 12.08.21

Olive branch to 17

After getting Parliament’s seal on the rollback of retrospective tax, the finance ministry plans to formally reach out to 17 firms, including Cairn Energy and Vodafone Plc, to settle their dispu...
By Our Special Correspondent in New Delhi

Opinion  /  Published 11.08.21

Wrinkles remain: Retro amendment to tax laws

Foreign investors will be partly relieved that the Narendra Modi government has finally scrapped the retrospective amendment to the tax laws made in 2012. The amendment, introduced by the then finance...
By The Editorial Board

Business  /  Published 10.08.21

Govt starts talks with Cairn, Voda

India is in informal discussions with Cairn Energy and Vodafone Plc to settle the long pending retrospective tax dispute, a senior finance ministry official said on Monday. “There are some info...
By Our Special Correspondent in New Delhi


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