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'BIPAs damage India's interest; end them gradually'

Last Updated: Wednesday, May 21, 2014, 14:42

Worried over frequent invocation of investment protection pacts by MNCs, the Commerce and Industry Ministry is in favour of gradually phasing them out saying that they hurt India's interest.

Nokia invokes India-Finland bilateral treaty to solve tax row

Last Updated: Wednesday, May 14, 2014, 20:45

With tax authorities pressing with over Rs 21,000 crore in unpaid dues, Finnish telecom major Nokia has invoked the Bilateral Investment Promotion and Protection Agreement (BIPA) India has with Finland to resolve the dispute.

Tax dept finalises response to Vodafone's BIPA notice

Last Updated: Sunday, February 23, 2014, 12:31

The Income Tax department plans to rebut Vodafone's notice under BIPA saying that the pact between India and Netherlands does not cover taxation issues.

India, UAE to sign deal to protect investments

Last Updated: Tuesday, December 10, 2013, 21:01

India has said a key investment protection treaty to be inked this week with the UAE, the tenth largest investor in the country in terms of FDI, will help regain investor confidence and ensure protection of bilateral investments.

Govt clears India-UAE bilateral investment protection treaty

Last Updated: Monday, December 09, 2013, 21:25

"India-UAE Bilateral Investment Protection Agreement (BIPA) has been approved by the Cabinet", sources said.

Govt starts exercise for model text for BIPA negotiation

Last Updated: Sunday, February 03, 2013, 11:33

The government is preparing a new model text to negotiate bilateral investment and protection agreements (BIPA) and review the existing ones.

Telenor, Vodafone among six cos that sent notices to India

Last Updated: Monday, May 14, 2012, 19:37

The government on Monday said six firms including Devas Employees, Telenor, Vodafone and Sistema have sent notices against India for breach of bilateral investment protection treaty and comprehensive economic cooperation agreement.

Vodafone notice—Taxation does not come under BIPA: Official

Last Updated: Friday, May 11, 2012, 19:33

The Inter-Ministerial Group (IMG) which was constituted by the government to respond to the arbitration notice of Vodafone on Friday held the view that the issue of taxation does not fall in the ambit of the Bilateral Investment Protection Agreement (BIPA).