Outlook Sighs of relief all round at Cable & Wireless Worldwide (CWW).

Vodafone ramped up the pressure in its appeal against a $2.9bn (£1.8bn) tax bill in India yesterday, signalling that it will take the country's government to international arbitration.

Vodafone is ready to take the Indian government to the United Nations over its attempts to force the FTSE-100 telecoms giant to hand over more than $2bn in backdated tax.

Vodafone has unveiled the next "revolution" in smartphones that will see shoppers use their handsets instead of cash or cards at the checkout.

If the mythical King Midas (right) ever needed a cure for his affliction he might find it by joining the board of Cable & Wireless Worldwide (CWW).

Outlook: If the mythical King Midas ever needed a cure for his affliction he might find it by joining the board of Cable & Wireless Worldwide. The whole shebang seems to have been unravelling for as long as anyone can remember while performing reverse alchemy for its investors.

The Independent on Sunday: Glencore chief woos investors over merger

The mobile phone giant Vodafone has taken a major step towards a possible £10bn stock market float for its Vodafone India subsidiary, VIL, as former co-owner Essar completed its exit from the business yesterday.

Vodafone, Orange and T-Mobile took five years to tell customers their voicemails had been hacked by the NOTW, they admitted to the Leveson Inquiry yesterday.

Another director of Tesco has picked up shares just days after a profits warning knocked their price down by nearly 20 per cent.

British telecom giant Vodafone is not liable for up to £2.85bn in back taxes and penalties, India's top court said today.