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(RTTNews) – Stocks futures are pointing to a modestly higher open Wednesday, as a solid bond auction in Portugal, one of the eurozone’s key areas of concern, has helped to lift sentiment as the markets await the Federal Reserve’s Beige Book report. The
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Futures Pointing To Modestly Higher Open On Wall Street
department order that demanded Rs 12,000 crore in liabilities arising out of the company’s USD 11 billion takeover of Hutchison Telecom. A division bench held that IT had the jurisdiction to tax the transaction. It, however, gave liberty to Vodafone to
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Vodafone loses $2.6 bn deal vs taxman
(RTTNews) – British mobile network operator Vodafone Group Plc (VOD, VOD.L) reportedly sold its minority stake in China Mobile Ltd. (CHL), China’s largest mobile phone company, for about US$6.6 billion. The public offering for sale of the 3.2% stake in
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Vodafone Sells 3.2% Stake In China Mobile For US$6.6 Bln – Reports
Operator to appeal ruling over its $11.2 billion acquisition of Essar. An Indian court Wednesday ruled that local tax authorities have the right to pursue Vodafone International Holdings B.V. over the 2007 purchase of a majority stake in a local mobile
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India tax department has right to issue notice to Vodafone – Court
British mobile phone operator Vodafone ( VOD ) was ordered by an Indian court to pay $2.6 billion of tax on a 2007 transaction that gave it a major presence in the country’s mobile phone market. The court ruled that Vodafone was liable for Indian
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Court Rules Vodafone Must Pay $2.6 Billion of India Taxes
Vodafone expects to receive �4.3bn cash from the sale of its entire 3.2% holding in China Mobile. The telecoms operator says that approximately 70% of the net proceeds will be used to buy back shares….. with the remainder used to reduce the Group’s
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Vodafone to collect £4.3bn cash
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to colleagues, clients or customers, use the Reprints tool at the top of any article or visit: www.reutersreprints.com. * China Mobile block sold
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UPDATE 4-China Mobile falls as Vodafone sells $6.5 bln stake
The Bombay High Court has dismissed a petition filed by Britain’s Vodafone against the country’s tax department, saying the department does have jurisdiction over tax bills in cross-border mergers. “The petition is dismissed,” one of the judges said in
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Bombay High Court dismisses Vodafone petition in tax case
LONDON (MarketWatch) — U.K. mobile telecoms giant Vodafone Group said Wednesday that it is offloading its entire 3.2% China Mobile stake, a sale that will generate 4.3 billion pounds ($6.6 billion) before taxes and costs. The sale of around 643 million
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Vodafone exits China Mobile
Vodafone Group The court ruled that Indian authorities have the right to seek taxes from Dutch-based Vodafone International on its $11.1bn purchase, in 2007, of Hong Kong-based Hutchison Telecommunications wireless operations in the country. Vodafone
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Vodafone loses $2.6bn India tax challenge
