Vodafone Idea is currently engaged in discussions with banks to refinance loans worth Rs 3,000–4,000 crore. This will allow Vodafone Idea to pay loans to Indus Towers, Nokia, and Ericsson more quickly.
Mumbai: India has told the country's second largest mobile carrier Vodafone Group Plc that it may have to seize the company's India assets, if it fails to fulfil a tax demand of Rs 14,200 crore.
New Delhi, Apr 6: The Indian government will introduce changes in the income tax laws once the dispute with Vodafone is resolved, Finance Minister P. Chidambaram said Saturday."Amendments to the Income Tax Act is inevitable,
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