H&M to open first store in India in a bid catch up with rival Inditex

H&M will open its first store in India this year as the world’s second-biggest fashion retailer becomes the latest to take advantage of the opening of its economy to foreign operators.

Vodafone not liable for up to $4.4bn of India penalties

India's highest court has ruled that Vodafone is not liable for taxes and penalties of up to $4.4bn (£2.8bn).