Hutchison Essar Ltd

• Vodafone seeks nod to up stake in Indian arm for about $2.7 billion: report

  British telecom giant Vodafone was learnt to have applied to the government for raising its stake in its Indian arm to 100 per cent at an estimated $2.7 billion (Rs 16,600 crore), according to a PTI report.

• Vodafone eyes Indian partners' stake for full control of unit

  Vodafone had raised its stake to 74 per cent in Vodafone Essar Ltd by buying shares of Essar in the company in 2011. The British major bought Essar's 33 per cent stake in Vodafone Essar for $5.46 billion in July 2011.

• 2G case: Special CBI court fixes July 8 for next hearing

  Special CBI Judge O.P. Saini deferred the matter as the Supreme Court on April 26 had issued notice to CBI on Mittal's plea challenging the summons issued against him and had said that the proceedings in the trial court will remain "postponed" until further orders.

• Court adjourns additional 2G spectrum allocation case to April 29

  A Delhi court today fixed April 29 for hearing the matter in additional 2G spectrum allocation case in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused.

• 2G case: Supreme Court to hear petitions of Sunil Mittal, Ravi Ruia today

  The Supreme Court will on Monday, take up Bharti Airtel Chairman Sunil Mittal and Essar Group promoter Ravi Ruias petition challenging the summons of the CBI special court in a case related to alleged irregularities in the allocation of mobile phone bandwidth during the BJP-led National Democratic Alliance regime in 2002.

• Ravi Ruia moves Supreme Court challenging CBI court's summoning order

  A day after Sunil Bharti Mittal, CMD of Bharti Cellular Ltd, got a temporary relief in a graft case related to allocation of additional 2G spectrum in 2002, Essar Group promoter Ravi Ruia also moved the Supreme Court challenging the special CBI court's order summoning him as an accused in the case.

• Court names Airtel's Sunil Mittal, Essar's Ravi Ruia as accused in 2G case

  Sunil Mittal, the chairman of India's biggest telecommunication carrier Bharti Airtel Ltd, has been made an accused in a case over alleged corruption in allocating mobile phone bandwidth more than a decade ago.

• Vodafone ignored advice with regard to tax liability: Finance Ministry

  The Finance Ministry said British telecom giant Vodafone "chose to ignore" the advice of tax department that its acquisition of Hutchison stake in the Indian telecom company Hutchison-Essar was taxable in India.

• Finance Ministry hits back, says Vodafone was aware of tax liability

  A official said that they had sent letter/notice to Hutchison Essar Ltd for dealing the exact tax liability.

• Retrospective change in I-T Act may yield around Rs 40,000 cr

  The controversial proposal to amend the Income Tax Act with retrospective effect to bring into tax net Vodafone-type deals is expected to yield to the exchequer Rs 35,000 to Rs 40,000 crore, the government said.

• Vodafone tax case: Supreme Court dismisses Centre's review petition

  The Supreme Court's decision means Vodafone will not have to pay $2.2 billion in withholding tax; it will also cheer foreign investors who have been watching the case. The apex court had earlier in January also overruled the government’s claim of $2.2 billion in withholding tax on a $11.1 billion deal between Vodafone Group Plc and Hutchison Tele...