Vodafone to consider IPO of Indian Unit after more than 2 billion legal case is settled.
Vittorio Colao, chief executive of the British mobile operator, said he would definitely consider an IPO of the business in India once the tax case was settled.
But he said that IPO would be made only after the case that its fighting settled. Vodafone is fighting the investment case, TAXMAN have demanded more than 2 billion tax from Vodfone-Hutch deal.
This is just a way to create pressure on indian govt so that the judgment is in the favour of the vodafone.