Vodafone's $554M India Bill
Vodafone will have to pay the deposit, and make guarantees for the remainder of the $2.5 billion tax claim, within the next eight weeks. The company will get the entire amount back if it wins the case.
The legal battle relates to Vodafone's acquisition of Hutchinson Essar in 2007. (See Vodafone Wins Battle to Buy Essar.)
— Gagandeep Kaur, India Editor, Light Reading