BY LILLY VITOROVICH
LONDON -- Vodafone Group PLC plans to invest further in India after the nation's Supreme Court ruled that the mobile giant doesn't have to pay a $2.2 billion tax bill on its 2007 purchase of a majority stake in Indian mobile operator Hutchison Essar Ltd, Chief Executive Vittorio Colao said Friday.
Vodafone--which always contended that even if tax were due on the transaction, it would be the seller, Hutchison, that should pay--is a "committed long-term investor in India", he said, adding that the court ruling underpins its confidence in India.
"We will continue to grow our Indian business - including ...
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