Vodafone wins international arbitration against India in ₹14,200 crore tax dispute case

Agencies
September 25, 2020

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New Delhi, Sept 25: Vodafone Group Plc has won an international arbitration case against the Indian government in a ₹14,200 crore retrospective tax dispute, according to two sources with direct knowledge of the matter.

The tribunal ruled that the Indian government's imposition of a tax liability on Vodafone is in breach of the investment treaty agreement between India and the Netherlands, one of the sources said.

The British telecom giant moved the Hague-based International Court of Justice (ICJ) in 2016.

Vodafone in 2013 had invoked India-Netherlands bilateral investment treaty seeking resolution to the tax demand imposed on it by enacting a tax law with retrospective effect to sidestep a Supreme Court judgement that went in the company’s favour.

Conciliatory proceedings were initiated to resolve the dispute but differences led to a breakdown following which arbitration was initiated.

The government had initially slapped a tax demand of ₹7,990 crore on Vodafone for failing to deduct tax on capital gains made over its $11-billion acquisition of 67% stake in the mobile phone business owned by Hutchison Whampoa in 2007.

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News Network
May 8,2025

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Belagavi: Colonel Sofia Qureshi who along with Wing Commander Vyomika Singh presented the details of ‘Operation Sindoor’ is being hailed as the daughter-in-law of Karnataka’s Belagavi.

Qureshi's husband Colonel Tajuddin Bagewadi is from Konnur town in Gokak taluk. He has been serving as a colonel in the Indian Army. They were married in 2015.

Qureshi is a native of Baroda in Gujarat, being married to Tajuddin has made her the daughter-in-law of Belagavi.

During a media meet at New Delhi on Wednesday, Qureshi had shared the details of the success of Operation Sindoor which was conducted in retaliation to the terror attack at Pahalgam in Kashmir.

Qureshi has also served in the UN peacekeeping force at Kangola. She has received great appreciation from General Officer Commanding for her work along the borders of Punjab and during the floods in North-East.

Presently Sofia has been posted at Jammu while her husband Colonel Tajuddin Bagewadi at Jhanshi.

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News Network
May 11,2025

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Amid the ongoing border tension with Pakistan, the Punjab Police in India arrested two individuals on espionage charges. They allegedly leaked sensitive information and photographs of Army cantonment areas and Air Bases in Amritsar, said the police on Sunday.

The two persons were identified as Palak Sher Masih and Suraj Masih. They were arrested in a significant counter-espionage operation by the Amritsar Rural Police.

Director General of Police Gaurav Yadav wrote on X, "Malerkotla Police apprehends two individuals for their alleged involvement in espionage activities linked to a Pakistani official posted at the High Commission, New Delhi.

"Acting on credible intelligence, one suspect was arrested for leaking sensitive information regarding Indian Army movements to a Pakistan-based handler. Based on disclosures made during interrogation, a second conduit was also identified and taken into custody.

"Preliminary investigation reveals that the accused had been receiving payments through online transactions in exchange for classified information. They were in frequent contact with the handler and were involved in channeling funds to other local operatives as per his instructions. Two mobile phones have been recovered, and an FIR has been registered."

The police said further investigation will be undertaken as per established protocol, with a focus on tracing the financial trail and identifying additional operatives and linkages within the network.

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News Network
May 13,2025

A new chapter is unfolding for football in Mangaluru as the football ground adjacent to Nehru Maidan receives a modern artificial turf, with completion expected by the end of May. This long-awaited upgrade promises to significantly enhance the playing experience for both budding and seasoned footballers in the region.

The project, spearheaded by Mangaluru Smart City Limited (MSCL), involves laying synthetic turf across the 90,000 sq ft ground at a cost of ₹2.5 crore. Equipped with efficient drainage systems, the revamped ground will support uninterrupted play throughout the year, regardless of weather conditions.

“This is a long-pending demand of the football community here,” said D.M. Aslam of the Dakshina Kannada District Football Association. “We expect the turf work to be completed in the next two weeks. Currently, around 150 children practice regularly at the ground, and we anticipate that number to rise once the new surface is open.”

MSCL General Manager (Technical), Arun Prabha K.S., noted that while the project had been planned for some time, groundwork officially began after last year’s monsoon league concluded in August. “Once completed, this facility will be a full-fledged synthetic turf suitable for training, local tournaments, and league matches,” he said.

With the inauguration expected soon after the final touches are completed, the new astro turf is set to elevate the city’s football infrastructure and serve as a springboard for talent development across the district.

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