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Vodafone wins $2 bn tax case

  • International arbitration case against the Indian government, ending one of the most high­ profile disputes in the country involving a $2 billion tax claim.
  • An international arbitration tribunal in The Hague ruled that India’s imposition of a tax liability on Vodafone, as well as interest and penalties, were in a breach of an investment treaty agreement between India and the Netherlands.

 

Mahinda to discuss fishermen’s concerns with Modi

  • Sri Lankan Prime Minister Mahinda Rajapaksa has promised to take up their concern over “trespassing Indian trawlers” with Prime Minister Narendra Modi in the virtual summit.
  • “Our fisher leaders from the Northern Province raised the issue of Indian trawlers poaching in our waters, and using banned fishing practices, often damaging the boats and fishing nets of Sri Lankan fishermen.