When Vodafone Chief executive Nick Read told reporters in London this month the company might have to shut up shop in India, the response from New Delhi was swift and unequivocal.
Almost as soon as Read had finished his press conference – in which he alluded to two lawsuits that have left the company owing US$55 million due to changes in spectrum licensing laws – media reports were relaying the Indian government’s “displeasure and disapproval” of Read’s “tone and tenor”.
To read more:
https://www.scmp.com/week-asia/economics/article/3038987/tax-terrorism-indias-slowing-economy-takes-deadly-turn-modis
