Vodafone chief executive Vittorio Colao ramped up the rhetoric in his fight with the Indian government on Tuesday, accusing the country of deterring foreign investment but warning that he would not wa

Mobile phone giant Vodafone on Tuesday said annual net profits dropped almost 13 percent as eurozone losses offset asset sale gains and strong performances in emerging markets and the US.

Vodafone sa

The Inter-Ministerial Group (IMG) which was constituted by the government to respond to the arbitration notice of Vodafone today held the view that the issue of taxation does not fall in the ambit of

A top official says government will pursue Vodafone for some $3.72 billion in back taxes, interest and penalties as soon as parliament completes passage of tax law changes.

Vodafone's bill ‘all adds

In a strong message to multinationals campaign against taxing Vodafone, the government on Tuesday ruled out any rethinking on the issue making it clear that India cannot be a tax haven just to attract foreign investment.

"I may not be here," Finance Minister Pranab Mukherjee said in the Lok Sabha triggering instant smiles from the members as speculation rages about he becoming the next President.

"I don't mean that"

Faced with criticism over the proposed amendments to tax laws with retrospective effect, the government may dilute the provisions to allow waiver of penalties on tax demands to be raised on Vodafone-l

Top telecom bosses, including Bharti Airtel chief Sunil Mittal, Vodafone chief executive Vittorio Colao and Idea Cellular chairman Kumar Mangalam Birla met senior Union ministers and government offi

The Indian government on Wednesday said Vodafone Plc was duly informed about its tax liability in the $11.2 billion acquisition of Hutchison's stake in Hutchison-Essar in 2007.

A day after top bosses

The Finance Ministry on Wednesday said British telecom giant Vodafone ‘chose to ignore’ the advice of tax department that its acquisition of Hutchison stake in the Indian telecom company Hutchison-Ess