Gappa Tappa corner thread 13 - general discussions - Page 9

Originally posted by: mishkil88

@kamal - it will help Vodafone to some extent but being a biggest loss making company they won't survive much. Only Airtel and jio will survive in the due course. Even Airtel is finding it difficult to tackle jio onslaught. Jio has declared postpaid plans with NF, AP and hotstar subscription to which Airtel has no answer yet.

If Vodafone had paid 28000 cr they would have gone bankrupt.

Originally posted by: kamalsh56

Anyone following the Vodafone Tax case?

Major victory for Vodafone in International tribunal against India. Big blow to this "retrospective tax" concept in India. Actually a blessing in disguise for India. SC had overturned the Tax authorities claims of retrospective tax on vodafone but the parliament made changes in the law in 2012 to bypass SC ruling and demanded the tax to be paid. Vodafone then went to the International Tribunal and have today won the case.

No big companies will opt to enter India if taxes and policies are constantly changed and that too with retrospective effect. With this humiliation, hopefully, no govt. will again think of such weird policies.

This was going for almost 10 years, right?

What did we get by going all the way...now they have to pay legal fees...facepalm

Hope you guys made some gains in stock market with this verdict.

Originally posted by: mishkil88

@kamal - it will help Vodafone to some extent but being a biggest loss making company they won't survive much. Only Airtel and jio will survive in the due course. Even Airtel is finding it difficult to tackle jio onslaught. Jio has declared postpaid plans with NF, AP and hotstar subscription to which Airtel has no answer yet.

Agreed Jio is out to kill all competition. Vodafone will struggle to survive. But important is that govt.s (any political party backed) in future will, hopefully, not be foolish enough to make such irrational policy changes or no company will come to India.

Originally posted by: NerdyMukta

This was going for almost 10 years, right?

What did we get by going all the way...now they have to pay legal fees...facepalm

Hope you guys made some gains in stock market with this verdict.

Vodafone won the case in SC in 2012 and the then govt tweaked the laws to bypass SC ruling and Vodafone went to the international tribunal in 2014.

I am not into shares. I am from the "safe" old guard ....... FD's, RD's PO savings etc.

Originally posted by: kamalsh56

Vodafone won the case in SC in 2012 and the then govt tweaked the laws to bypass SC ruling and Vodafone went to the international tribunal in 2014.

I am not into shares. I am from the "safe" old guard ....... FD's, RD's PO savings etc.

@Bold - That's because interest rates are way better than here.

Was it Congress govt that tweaked the laws to bypass SC ruling and how did parliament pass that bill?

Originally posted by: kamalsh56

Agreed Jio is out to kill all competition. Vodafone will struggle to survive. But important is that govt.s (any political party backed) in future will, hopefully, not be foolish enough to make such irrational policy changes or no company will come to India.

I remember when WTO was formed many companies didn't want to come to India for the same reason. While the entire world was moving on and implementing new intellectual property laws, India was still stuck in 60s and 70s.

Jio's network is there in small villages too.. my sister could do her wfh because of Jio fi from a very small village of Maharashtra. Where Airtel's network is not that good

Very sad that s p balasubranium died due to covid. It just broke my heart . He has sung so many of my fav songs as salmans voice. Rip

Listening to songs sung by him makes me so tearful ... this covid has been so cruel.

saathiya tune kya kiya

Bahon ke darmiyaan

Mpk songs

Hahk songs

gosh gonna miss that soulful voice forever😞

Originally posted by: mishkil88

Gavaskar has created unnecessary controversy by dragging Anushka in his sarcastic comments on virat kohli's poor batting form. Twitterites have trolled him and Anushka has expressed anger.

Well i would disagree.. virat- anushka r biggest nautanki couple... they want all goodpart of adulation but cannot take criticism... which cricketers wife has exposed herself in monokini being pregnant... They r most hypocrite couple... thry think they r royalty ... so if u dont want to be dragged in yur husbands business then why do u accompany him to official invite to players in australia ... Nobodys wife was present.,...Never seen such a publicity hungry couple.... most annoying ... i cannot respect virat just bcos of his association wt this airhead ... tryin to be satsavitiri...

Originally posted by: NerdyMukta

@Bold - That's because interest rates are way better than here.

Was it Congress govt that tweaked the laws to bypass SC ruling and how did parliament pass that bill?

It was Pranabda who tweaked the income tax act in UPA2 so that it bypassed the SC which had ruled in favour of Vodafone.