Vodafone gets relief in arbitration case; Anil Singhvi decodes issue, reveals what investors should do
In a major development today, Vodafone Group Plc won an international arbitration case. The tax dispute had been pending for a long time. The two parties went for arbitration to an international arbitration tribunal in The Hague. However, there is a wrong impression that government will have to return Rs 20,000 Cr because of this award.
Singhvi said that investors willing to buy the stock on this news should know that the decision does not impact the operations of Vodafone Idea in any way.