Telecom giant Vodafone has won its decade-long legal battle against the Indian government, as the Permanent Court of Arbitration in The Hague struck down India's demand ofINR20,000 crore (about $2.7 billion) in retrospective taxes. However, India's debt-laden telecom sector has little else to cheer about. Over the past few years, several telecom players have exited India due to regulatory issues, […]