Advertisement

HindustanTimes Tue,21 Oct 2014

India to defend Vodafone arbitration notice in tax dispute: minister

Reuters  New Delhi, May 08, 2014
First Published: 15:39 IST(8/5/2014) | Last Updated: 15:45 IST(8/5/2014)

The central government will defend a notice for arbitration from Vodafone Group Plc in a more than $2 billion tax dispute, finance minister P Chidambaram said on Thursday.

Vodafone said on Wednesday it had filed for an international arbitration against the Indian government, after the two sides failed to find a solution to the long-running tax dispute through talks.


Advertisement
more from Business

Sensex vaults 321 points on diesel deregulation

Diwali came early to Dalal Street on Monday with both the Sensex and Nifty marking their biggest daily gains in more than one week after the Narendra Modi government's energy reforms led to a rally in shares of oil retailers, while wins by the BJP in Maharashtra and Haryana assembly elections raised expectations of more reforms.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved