Hutchison

Vodafone wins Rs 8500 cr transfer pricing case; finmin says studying high court order

Several other multinationals including IBM Corp, Royal Dutch Shell Plc and Nokia Oyj are also fighting transfer-pricing cases in India.

Google aims at making international roaming free for Americans

While service providers in India are up in arms against OTT providers over losing revenues from calls, Google is now planning to make even international roaming free.

Hutchison to buy Telefonica UK unit for $15.4 billion

Li Ka-shing's Hutchison Whampoa Ltd (0013.HK) has agreed to buy Telefonica's (TEF.MC) British mobile unit O2 for up to 10.25 billion pounds ($15.4 billion), hastening the consolidation of Britain's telecoms industry.

Shome panel suggestions signal middle path in Voda row

The panel has reportedly suggested interest and penalty should not be charged on taxes collected retrospectively. This suggestion may resolve the government's contentious tax dispute with Vodafone and many such cases that face a tax claim.

'Voda ignored CBDT advice with regard to tax liability'

The finance ministry says Vodafone "chose to ignore" the advice of tax department that its acquisition of Hutchison stake in the Indian telecom company Hutchison-Essar was taxable in India.

ITAT rules against Vodafone in Rs 8,500 cr transfer pricing case

In a fresh blow to Vodafone India, the Income Tax Appellate Tribunal has ruled that the tax authorities have the powers to raise a demand on the telecom major in the Rs 8,500 crore transfer-pricing dispute.

Hearing against Mittal, Ruia in additional spectrum case on Jan 12

The special 2G court today fixed January 12 for hearing a corruption case related to allocation of additional spectrum during NDA rule in 2002 in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused.

Vodafone, Hutchison deals to be scrutinised by the European regulators

European regulators will soon weigh in on two telecom acquisitions worth about 11.5 billion euros, in key test cases for a sector that executives believe needs consolidation to counter falling sales and boost network investments.