Articles tagged with: Essar and Hutchison Telecom International

Hutchison Warns Off Possible Indian Tax Liability in Sale to Vodafone

Hutchison Telecom International has accepted that it might have to make some payments in regards to the ongoing tax dispute in India over the sale of its stake in Hutchison essar to Vodafone in May 2007. Although the transaction technically occurred outside India, the government has been suing Vodafone for up to US$2 billion in sales tax that it claims is owed to it.  more

Related Tags: hutchison, vodafone, vodafone-essar, cgp-investments, tax, hutchison-essar, India

Vodafone Confirms Considering Hutchison Essar Bid

LONDON -(Dow Jones)- Vodafone Group says it was considering taking a controlling interest in Indian mobile phone operator Hutchison essar as it continues to seek growth in emerging markets, a move which may spark a bidding war.  more

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