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Rather than appealing the decision, the Modi govt should accept defeat, honour the award, and move on.
No politician sees economic reform as a vote-catcher; it’s the old, povertarian economy that gets votes. Can Modi bring farm and labour reforms centre-stage?
ThePrint view on the most important issues, instantly.
A tribunal ruled India’s efforts to claim Rs 20,000 cr in taxes were in breach of fair treatment under investment protection pact with the Netherlands.
Jayant Krishna, Group CEO of UK-India Business Council, says countries are now looking to removing non-tariff barriers to trade as Brexit process continues.
Vodafone Idea, fighting for survival as it struggles to raise money to pay dues imposed by Supreme Court, reported Rs 11,600 cr net loss in Jan-March quarter.
The top court also directed telecom companies to file affidavits on how they propose to make payment of their liabilities towards AGR dues.
Vodafone Idea, formerly known as Vodafone Mobile Services Ltd, had however sought Rs 4,759.07 crore in tax refund for AYs - 2014-15, 2015-16, 2016-17 and 2017-18.
Catering to the bottom of the pyramid with ‘cheap’ services has forced many businesses in India’s infrastructure sector to go belly up.
The company also said that it will pay another Rs 1,000 crore by Friday and will take further stock of the situation to see how further additional payments can be made.