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British Telecom Giant News

British Telecom Giant

15 Nov 2016

Vodafone shows loss doubling to $5.5 billion due to India write-down

British telecom giant Vodafone today said its losses had doubled to 5.1 billion euros largely due to fierce competition in the Indian market and an impairment charge of 6.4 billion euros on the group's investment in India.

10 Oct 2014

Vodafone Price Transfer case: Bombay HC rules in favour of telecom firm

The court said that there was no taxable income arising out of the transaction. The amount of tax demanded by the authorities stood at Rs 3,200 crore in 2009-2010.

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