Page 7 - Vodafone

Rajasthan govt imposes Rs 27 lakh fine on Vodafone in data leak case

In its first case it has heard and dealt with under the IT Act 2000, the Rajasthan government on Monday imposed a fine of Rs 27 lakh on telecom company Vodafone Idea Ltd (VIL) on a data leak matter

Draft rules on retro withdrawal win-win for govt, firms, say experts

Enforcement of investment treaties remain ambiguous, they say

CBDT releases draft regulations for withdrawal of retro tax demands

The draft rules released by the tax department call for a declaration by the companies to "irrevocably withdraw, discontinue and not pursue" any legal proceedings

Top headlines: Kerala's Covid TPR crosses 18%; SC grants relief to Airtel

Business Standard brings you the top stories this evening

Vodafone Idea files review petition in apex court on AGR dues

Vi had calculated its remaining AGR dues at around Rs 21,500 crore after making a payment of Rs 7,800 crore

Govt will refund Rs 8000 cr to 4 firms under new taxation laws: CBDT chief

The Bill will do away with the retrospective tax provision and end all retrospective taxes imposed on indirect transfer of Indian assets made before May 28, 2012

Lenders to debt-laden Vodafone Idea look at swapping debt for equity

Over the years, Vodafone PLC has invested $30 billion in Vodafone India and has written off the entire investment

Retro tax must be resolved via Indian law, not arbitral award: Somanathan

Somanathan says that the government doesn't support retrospective taxation since it creates sudden and fresh liability and is not in line with the stability and predictability of taxation

Govt scrapping retro tax an 'extremely positive development': Sanjay Tolia

This proposal demonstrates that the government is intent upon shoring up India's positive investor friendly image, says Partner, Price Waterhouse & Co LLP

Move to do away with infamous retro tax will boost investment sentiments

The Bill now introduced in the Parliament proposes to provide that no tax demand shall be raised on indirect transfers effected prior to 28th May 2012

The chequered past of retrospective tax: All you need to know

The government has now proposed to refund principal amount in full to the litigants, with certain conditions

Kumar Mangalam Birla steps down from Vodafone Idea board after stake offer

Birla Group Chief Financial Officer Sushil Agarwal has been named additional director on the Vi board

Govt stands to lose whether it saves debt-laden Vodafone Idea or not

Vodafone Idea is pushing for a third concession. It is hoping the government will pay the GST refunds

Voda Plc offers Vodafone Idea stake to lenders and BSNL for free

Vi shares plunge 18% after ABG's offer to hand over 27% stake gratis

Bankers to discuss impact as Birla offers to give up stake in Voda Idea

Some issues beyond its control - spectrum payment and adjusted gross revenue dues - have created pressure, which the government is attempting to address

Vodafone Group CEO Nick Read rules out fresh fund infusion in Vi

Vi has a debt of about Rs 1.8 trillion, including deferred spectrum obligations and AGR dues

After Airtel, VIL also lines up new postpaid plans for corporate users

The plans include Rs 299 (30GB data quota), Rs 349 (40GB data quota), Rs 399 (60 GB data quota), Rs 499 (100GB data quota).

Vodafone CEO hints at spin-off of mobile money platform M-Pesa

The platform offers peer-to-peer transactions in countries including Kenya, Tanzania, Mozambique, Lesotho. It is now pushing into new financial services like small loans, payroll and savings

Bigger firms scoop up more market share during Covid-19 pandemic

Market concentration in key sectors, measured by HHI, reached a new high in FY21

AGR dues cannot be recomputed: Supreme Court reserves order

But telcos Airtel, Vi, Tata Tele say arithmetical errors can be rectified and that there are duplication of entries