Another disaster for Indian Economy (TELECOM)

Allama G

Minister (2k+ posts)

Why you need to know whats happening in India ? \
As a wise man said: Keep your friends close, and your enemies closer.” !!! As a informed person, we should know whats happening in our neighborhood. Its also a very good case study for the economist and accountants.

"India's government ordered mobile carriers on Friday to "immediately" pay billions of dollars in dues after its Supreme Court threatened the companies and officials with contempt proceedings for failing to abide by an earlier ruling.
Vodafone Idea, which owes the Indian government $4bn in dues and whose shares have tumbled more than 40 percent since October, has said it has no plans to commit any more equity into India Vodafone may also close its operation !!!"



For the complete picture and insight of the issue
 
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Raiwind-Destroyer

Chief Minister (5k+ posts)
any western company who invest in india is because they see the exploitation of indian slaves and making money

why do you think panama island is so famous or many other places where you can get away with paying no taxes and hide your illegal money
 

FORCE

MPA (400+ posts)
US has just slapped a tariff of 260 million dollars on endian goods.
Endia you are fucked.
 

Allama G

Minister (2k+ posts)
any western company who invest in india is because they see the exploitation of indian slaves and making money

why do you think panama island is so famous or many other places where you can get away with paying no taxes and hide your illegal money
but this is the order from supreme court
 

Galaxy

Chief Minister (5k+ posts)
The foreign telecom companies like Tenor or this Chinese Zong , not only steal foreign exchange of Pakistan but also promote vulgarity .
 

Galaxy

Chief Minister (5k+ posts)
Just watch any of their TV adds,which has nothing to do with Telephone. Same thing with chocolate,wash powder or baby formula sellers. No check and balance. IK government is too busy fighting Mafias of many kinds.