Vodafone CEO writes to PM, cites promise
Amid the government’s move to retrospectively tax Vodafone’s $11.2-billion acquisition of Hutchsion’s 67% stake in Hutch-Essar in 2007 through an amendment in the Income-Tax Act, 1961, the company’s group CEO Vittorio Colao has written a letter to Prime Minister Manmohan Singh seeking his counsel on the issue.
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