today conveyed its verdict in the Vodafone case, putting an end to the almost five-year old debate encompassing the taxability in India of seaward exchange of shares of a Cayman Islands organization by the Hutchison Group to the Vodafone Group. In a historic point choice, the Supreme Court turned around the choice of the Bombay High Court and held that the Indian charge powers did not have regional ward to duty the seaward transaction, and along these lines, Vodafone was not obligated to withhold Indian
the customer of Tata indicom migrated to Tata DOCOMO. The migrati... ... middle of paper ... ...Import Intensity: 2005 2006 2007 2008 2009 2010 2011 Bharti 28.53 20.85 23.08 25.55 15.78 9.72 9.96 reliance 23.59 7.26 45.63 76.00 6.15 1.69 0.00 Vodafone 22.03 30.23 40.75 26.57 23.20 13.22 15.33 Idea 16.23 16.92 21.75 24.32 19.99 17.72 11.07 Bsnl 1.75 2.95 1.63 1.26 4.14 4.64 1.70 Import Intensity (%) = Total Forex Spending / Net Sales From the above graph it is visible that: Import intensity
INDUSTRY STRUCTURE STANDALONE OR CONGLOMERATE Bharti Airtel Limited (conglomerate) Ownership: Privately-held by Sunil Bharti Mittal Date of Establishment: 7th July 1995 Market Share: 21.35% Bharti Tele-Ventures Ltd. (BTVL), the country’s leading telecom conglomerate is one of India’s leading private sector provider of Tele-communications services. The other companies under this group are:- • Bharti Infratel • Bharti Retail • Bharti TeleTech • Field Fresh Foods( joint venture between Bharti Enterprises
partnered networks in an additional 40 countries. Vodafone is operating almost every country in Europe, mostly in the name of Vodafone and also with the partnership of other networks. Vodafone UK is the third largest mobile company in the UK and has 19.2 million subscribers throughout the county. Vodafone becomes the 5th private operator to launch full 3G services in India in March 2011. Vodafone introduced, first of its kind retail concept stores called Vodafone Angel Stores. The management issues of any
In two decades, Vodafone became the telecommunications leader in Global Systems for Mobile networks (www.associatedcontent.com). Vodafone provides innovative and cutting edge telecommunications services on the largest wireless network on earth. In this article, I will discuss how Vodafone was started and the growth of one of the world's largest company. Vodafone was formed in 1983 as a joint venture between Rascal Electronics (a UK electronic firm) and Millicom (a US telecom company), and was
Analysis of the Environment of the Mobile Network System Executive Summary 3 Glossary of Abbreviations 4 Introduction 5 Recent History
Vodafone Group plc is a UK-based publicly traded company with a focus on telecommunications and mobile network technology. It is arguably one of the most recognized and cost-effective service organizations and also, globally the second-largest mobile communications company. The company continues to cement its identity into new emerging markets as it expands and collates material to continue plummeting the brand name. Utilizing established advertising agencies for promotion and market firms, Vodafone
Vodafone International Holdings BV v Union of India and another The Vodafone case is extremely vast and the facts are very extensive. It is one of the landmark cases brought before the Supreme court of India that discusses Indian Taxation and deals with the scenario where capital gains arising out of transfering of shares from a foreign holding company to another international firm. The capital gains in these cases would be those that are arising out of the benefits the company achieves with its
would be, it would for sure create a landmark with respect to income classification. It would be used as a precedent in numerous cases to come in future. Owing to the current scenario and the facts of the current case, the judgement went in favour of Vodafone, saving them a tax penalty that went into thousands of crores. Had the conditions and facts have been different, then there would have been a different outcome (maybe resulting in an amendment of the IT act also) , which might have given huge revenue
1. INTRODUCTION 1.1. Background to the Study Businesses play a significant role with the economies of all countries, whether developed or developing. It contributes to the welfare of the society through the satisfaction of needs, provides a source of livelihood to millions of people worldwide. Businesses do not operate in vacuums but operate within business environments. The events in the environment of a company have a direct effect on the success or failure of that company. According to Jain
BACKGROUND: Family support: Sunil Bharti Mittal, born October 23, 1957 is an Indian businessman. He is the chairman and managing director of the Bharti group. The $4.5 billion turnover company runs India's largest GSM-based mobile phone service. Sunil's father, Sat Paul Mittal, an MP, was always in public life. It was Sunil who started in business (making cycle parts in Ludhiana, India) in 1976 at the age of 18 with borrowed capital of Rs 20,000.The son of a politician, Sunil Mittal is a Punjabi