Cast: Director: Drew Goddard When a horror film opens with five college kids climbing into a caravan and heading off to spend the weekend at an isolated cottage in the woods, you pretty much know how things are going to pan out. After all theyve made dozens of horror movies around this premise! But 'The Cabin in the Woods', co-written by Joss Whedon and Cloverfield scribe Drew Goddard (who also...
11:41 PM, Jun 01, 2012
New Delhi: Faced with criticism over the proposed amendments to tax laws with retrospective effect, the government may dilute the provisions to allow waiver of penalties on tax demands to be raised on Vodafone-like acquisitions involving domestic assets. "Adding a clause to allow waiver of penalty for deals which took place before April 1, 2012 is being considered by the government," a senior Finance Ministry official said. Once the changes...
12:42 PM, May 06, 2012
New Delhi: British telecom major Vodafone on Tuesday described a reported statement of Finance Secretary RS Gujral as "completely untrue" on the tax issue and said it had never received any communication from authorities to withhold tax while making payment to the Hutchison. "This is completely untrue. At no point before the transaction concluded and the payment was made did any entity of the Vodafone Group receive any communication at...
09:10 PM, Apr 24, 2012
Mumbai: The Bombay High Court on Monday directed telecom major Vodafone India to deposit with it an additional amount of Rs five crore before March 31, in connection with an over Rs 77-crore tax demand, while the Income Tax department decides on the company's rectification application. The division bench headed by Justice DY Chandrachud was hearing the petition filed by Vodafone, challenging the March 21 notice by the Income Tax,...
08:19 PM, Mar 26, 2012
The court hearings had gone on through all of August. On September 8, 2010, the Bombay High Court was packed to the rafters with newspaper reporters of all hues. There was a battery of lawyers representing the Government of India and telecom giant Vodafone. There were two judges who had been hearing the famous Vodafone tax case: DY Chandrachud and JP Devadhar. Though Devadhar was in Nagpur that day, he...
01:18 PM, Feb 07, 2012
New Delhi: UK-based Vodafone Group Plc, the parent company of Vodafone Essar, on Friday hailed Supreme Court's ruling to set aside the Bombay High Court judgement asking the company to pay income tax of Rs 11,000 crore. Vodafone which is the second largest telecom operator in India, said the judgement underpins its confidence in the country. "We welcome the Supreme Court's decision, which underpins our confidence in India. We will...
06:04 PM, Jan 20, 2012
New Delhi: The Supreme Court on Friday pronounced its judgement on Vodafone International Holdings' appeal and said that the Indian tax authorities have no jurisdiction over transactions outside India. The Indian tax authorities will have to return Rs 2,500 crore to Vodafone. The Supreme Court ruled by a majority decision that capital gains tax is not applicable in Vodafone case and the money deposited by Vodafone will have to be...
01:46 PM, Jan 20, 2012
New Delhi: The Supreme Court will on Friday pronounce its judgement on Vodafone International Holdings' appeal challenging the income tax demand of Rs 11,000 crore on the overseas deal between Vodafone and Hutchison. Vodafone had moved the apex court challenging the Bombay High Court judgement of September 8, 2010 which had held that Indian IT department had jurisdiction over the deal. Through the $11.2 billion deal in May 2007, Vodafone...
07:38 AM, Jan 20, 2012
New Delhi: The Supreme Court will on Friday pronounce its judgement on Vodafone International Holdings' appeal challenging the income tax demand of Rs 11,000 crore on the overseas deal between Vodafone and Hutchison. Vodafone had moved the apex court challenging the Bombay High Court judgement of September 8, 2010 which had held that Indian IT department had jurisdiction over the deal. Through the $11.2 billion deal in May 2007, Vodafone...
10:00 PM, Jan 19, 2012
The Court is to decide if Vodafone owes Government $2 billon for its takeover of Hutchison Essar. ...
01:48 AM, Jun 24, 2008
The bidding process for Hutchison Telecom International's 67 per cent stake in Hutch Essar will start on Friday. ...
07:57 PM, Feb 08, 2007
Speaking on Bharti's JV with Walmart, Sunil Mittal says the Government hasn't objected to the joint venture. ...
04:11 PM, Dec 14, 2006
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