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Total 33 results found. Search for [ Hutchison Whampoa ]

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November 23, 2020
If the arbitration award in the Cairn cases goes against India, the government has to pay the British firm over Rs 7,600 crore to reverse the dividend and tax refund it had ceased and shares it sold to recover part of the tax demand

September 29, 2020
Vodafone retro tax case: The finance ministry sources said that the government is duty bound to protect public money if there is an attempt to avoid levies by rerouting transactions through tax havens

September 25, 2020
British telecommunications company Vodafone has won arbitration against India over the retrospective tax demand of Rs 20,000 crore

Sumant Banerji | Rukmini rao | Niti kiran
New Delhi, April 28, 2020
As India tightens FDI norms, Chinese firms and investments may face regulatory and consumer backlash. The friction between Asian giants could be the beginning of an adversarial chapter in trade

January 21, 2020
The bill also attempts to upgrade India's investment climate and boost foreign investment by setting up new adjudicating authorities to swiftly resolve disputes

January 20, 2020
The bill also attempts to upgrade India's investment climate and boost foreign investment by setting up new adjudicating authorities to swiftly resolve disputes

New Delhi, August 29, 2017
The Income Tax Department has slapped a Rs 32,320 crore demand in tax, interest and penalty on Hong Kong-based Hutchison for alleged capital gains it made on the USD 11 billion sale of its mobile business in India to UKs Vodafone Group in 2007.

BT Online
August 29, 2017
In a filing to the Hong Kong stock exchange, CK Hutchison Holdings Ltd said its unit, Hutchison Telecommunications International Ltd (HTIL) has been served with a tax demand of about Rs 7,900 crore, Rs 16,430 crore of interest and another Rs 7,900 crore in penalty.

August 29, 2017
In a filing to the Hong Kong stock exchange, the company said its unit Hutchison Telecommunications International Ltd had late last year received a tax demand notice of Rs 7,900 crore and on August 9 received a penalty order of a similar amount.

Nevin John
New Delhi, June 15, 2017
As debt hits Rs 1.38 lakh crore, the Ruias are looking to recast the group once again.

December 25, 2016
Vodafone, Cairn Energy and other firms facing retrospective tax demand will have to withdraw legal cases and give up the right to contest constitutional validity of back-dated amendment to I-T laws if they want to avail of the dispute resolution scheme ending on December 31.

New Delhi, October 17, 2016
Essar signed agreements on Saturday to sell 49 per cent in the 20 million tonne a year Vadinar refinery in Gujarat, the adjacent port and over 2,700 petrol pumps to world's largest listed oil company.

Dipak Mondal
July 13, 2016
Experts feel that Cairn Energy's argument that when the company conducted restructuring there was no capital gains applicable on such activities, and had they known that there could be any tax applicable, they would have acted differently is a 'good' argument and the international tribunal may give an favourable award to the company.

New Delhi, October 9, 2015
Finance Ministry said it will study the Bombay HC order which favoured Vodafone in the Rs 8,500-cr transfer pricing case and then decide on its future course of action.

New Delhi, September 11, 2014
\"Yes, it is difficult to do business in India, that's the general perception I think of foreign companies and that is not just in telecom,\" said Vodafone India head Marten Pieters.

Devidutta Tripathy and Aditya Kondalamahanty
Mumbai and Bangalore , April 10, 2014
The deal is part of Vodafone's plan first announced last October to take full control of the unit for a total 101.41 billion rupees, following a change in rules allowing foreign companies to own up to 100 percent of Indian telecommunication carriers.

Devidutta Tripathy and Sumeet Chatterjee
Mumbai, February 20, 2014
\"Vodafone entered into discussions with the Indian government in good faith and with a desire, as one of India's largest international investors, to achieve a fair outcome acceptable to both parties,\" Vodafone said, following media reports on the government's move to scrap the talks.

New Delhi, February 6, 2014
\"The Cabinet Committee on Economic Affairs has approved the proposal of CGP India Investment Ltd for increase in foreign equity in Vodafone India Ltd from 64.38 per cent to 100 per cent,\" an official statement said.  After this, Vodafone India will be the first telecom operator to be fully owned by a foreign firm.

New Delhi, December 20, 2013
UK-based telecom major Vodafone on Friday said it would challenge tax authorities' order in a case related to sale of company's call centre business, for which a demand of about Rs 3,700 crore was raised.

December 19, 2013
Vodafone Group Plc has received a final tax demand of about $604 million from Indian authorities, adding to its disputes in the country since it bought Hutchison Whampoa's mobile business in 2007.

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