 
                  
Vodafone Group Plc to sell 3% stake in Indus Towers
Vodafone Group Plc has announced plans to sell its remaining 3% stake in Indus Towers Limited, equating to 79.2 million shares.
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Vodafone Group Plc has announced plans to sell its remaining 3% stake in Indus Towers Limited, equating to 79.2 million shares.
 
                  
According to sources, both the parent organisations will invest close to $200 million each to maintain their existing stake in their company while also seeking fresh funding from external investment.
 
                  
India is in talks with Vodafone Group Plc and Cairn Energy Plc to settle long-running tax disputes with them, a top government official told Bloomberg. It comes after Finance Minister Nirmala Sitharaman last week tabled a bill in the Lok Sabha to nullify the tax claims raised based on retrospective use of an anti-evasion tax law amendment introduced in 2012.
 
                  
 
                  
