Idea Cellular
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The Indian government appears to have blinked first in its fight with its telecoms operators and others over back taxes worth billions.
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Vodafone, the UK group that owns 50% of troubled Indian operator Vodafone Idea, has lost a case before the Supreme Court for a tax refund dating back to 2014-2018.
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The new CEO of Indian operator Vodafone Idea is Ravinder Takkar, who has replaced Balesh Sharma, who resigned yesterday for personal reasons.
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The merger between Vodafone India and Idea Cellular went ahead today, just hours after India’s commercial court gave final approval.
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Idea Cellular, the Indian mobile operator that is about to merge with Vodafone India, has announced plans to move its data and voice services to a cloud platform.