Vodafone Tax Case

Banks led by State Bank of India have called on the Indian government to give debt-laden Vodafone Idea more time to clear its tax dues and spectrum fees

Ending "tax terrorism" was the BJP's promise in the 2014 election that brought Narendra Modi to power giving hope to the likes of the UK's Cairn Energy Plc. But the hopes have been belied

Additional Solicitor General (ASG) Chetan Sharma said the decision is to be taken by the empowered committee of the Central government, which has not met

While the cost implication in the case is limited to having to pay Rs 85 crore to Vodafone in legal cost, what is weighing on the government mind is a separate arbitration involving UK's Cairn Energy

The retrospective tax controversy was highlighted by Vodafone, but Cairn Plc's continuing problems point to the impact this law has had on FDI in India's oil and gas sector

Today's views focus on Modi's role as a reformer, what the automobile industry signals for the Indian economy and the risks of the government spending more, immediately, to combat the recession

A bearish divergence on RSI indicates that price is holding the momentum upward.

Vodafone has initiated arbitration proceedings under the India-United Kingdom and India-Netherlands Bilateral Investment Protection Agreement in connection with the tax demand raised against the firm