The Supreme Court ruled yesterday that arbitrators could be appointed under an India-UK investment pact. Vodafone is India’s second biggest mobile phone operator, with about 210 million customers in the country and a 22.7 per cent share of the market. The country also represents Vodafone’s biggest mobile phone customer base. The group entered India in 2007 through the acquisition of Hutchison Whampoa’s wireless assets, in a deal that is now at the centre of the $2 billion tax dispute with the Indian government. The Supreme Court ruled in 2012 that Vodafone,…

Source: The Times December 15, 2017 00:06 UTC