Posts Tagged ‘Business India’

Business – Vodafone loses India tax case, can appeal in SC

MUMBAI: The Bombay High Court has dismissed a petition by Vodafone International Holdings against a tax bill relating to the purchase of a mobile
phone operation in India in 2007, Vodafone’s tax consultant Dinesh Kanabar said on Wednesday.

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Business – India;Arvind to demerge brands & retail biz into wholly owned subsidiaries

NEW DELHI: Arvind Limited will be demerging its branded apparel and retail business which operates under the MegaMart brand into wholly owned subsidiaries from 1 April 2009.

The decision was taken by the board of directors of Arvind in a meeting held today.

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Business – India;GE Money to close 170 branches

Paramita Chatterjee

NEW DELHI: GE Money India, the consumer finance company of General Electric (GE), has decided to shut down close to 50% of around 170 branches in
India in the next few months.

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