Vodafone ruling over a retrospective tax demand may prompt others to take same route

India’s loss in an international arbitration case against Vodafone Group on Friday over a retrospective tax demand on its $11.2-billion acquisition of Hutchison Essar’s telecom business in 2007 could queer the government’s pitch in other high-profile cases currently under arbitration, experts say. “The award will have immense persuasive value for …

Read moreVodafone ruling over a retrospective tax demand may prompt others to take same route