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Indian inflation at 11-month low
2013-01-14 09:18:19| BBC News | Business | UK Edition
Indian inflation slowed last month, boosting hopes of an interest rate cut when the central bank meets later this month.
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Vodafone, Indian officials to discuss tax case next week
2013-01-14 01:00:00| Total Telecom industry news
U.K. mobile operator repeats its assertion that no tax is payable on 2007 Hutchison Essar deal.
Vodafone set to escape 1.6bn Indian tax bill
2013-01-13 04:20:07| Telecom - Topix.net
Telecoms giant Vodafone could escape paying at least part - or even all - of a 1.6billion tax bill in India after it emerged that New Delhi is planning to amend the legislation that led to the demand.
Indian govt demands INR 230 bln for excess spectrum holdings
2013-01-11 01:41:00| Telecompaper Headlines
(Telecompaper) The Indian government is demanding over INR 230 billion from mobile operators for excess spectrum holdings, the Times of India writes. BSNL is asked to pay around INR 69.12 billion, Bharti Airtel is required to pay INR 52.01 billion, Vodafone has been sent a notice for INR 35.99 billion, MTN for INR 32.05 billion, Idea Cellular for INR 21.13 billion, Aircel for INR 13.65 billion, Loop Mobile is asked to pay INR 6.06 billion, and Reliance Communications is required to pay INR 1.73 billion. In November, the government decided that operators are required to pay for spectrum holdings over 6.2 MHz from July 2008 to 1 January 2013. After that, for spectrum above 4.4 MHz they would have to pay for the remaining period of their licences based on the prices achieved in the auction held last November.
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Indian Navy test-fires sea-based Brahmos missile
2013-01-10 10:20:00| Naval Technology
The Indian Ministry of Defence (MoD) has successfully conducted the 34th test-firing of its highly-manoeuvrable naval version of the Brahmos supersonic cruise missile from a warship off the coast of Vishakhapatnam in Bay of Bengal, India.
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