Jeff Bezos-Mukesh Ambani spat is testing India's allure for foreign investors

Tue Feb 9, 2021

Synopsis The rulings come after two big arbitration awards against India. In September, international arbitrators said India acted unfairly in a $3 bn tax dispute with Vodafone and in another ruling ordered India to return $1.2 bn to Cairn for a similar failure. India has challenged the Vodafone ruling in Singapore, the govt informed Parliament on Monday.

The tussle between two of the world’s richest men — Jeff Bezos and Mukesh Ambani — to dominate India’s estimated $1 trillion retail market is testing foreign investor patience with flip-flopping court rulings.

Read more at:
https://economictimes.indiatimes.com/industry/services/retail/jeff-bezos-mukesh-ambani-spat-is-testing-indias-allure-for-foreign-investors/articleshow/80760350.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Himanshu Negi 

Delhi based writer, lover of food, oceans, and nature.

 
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