Vodafone India VP Chandramouli Iyer commits suicide in Mumbai
Vodafone India VP Chandramouli Iyer committed suicide in Mumbai today. He committed suicide by hanging himself in his home at Trimurti Society building in Santa Cruz apartment. He was 47 years old and was promoted to Vice President position 3 years back only. This comes as a major setback for the Vodafone India especially when the company is struggling with the IT department case related to tax to be paid.
Vodafone India received demand notice from Income Tax yesterday only for the payment of more than Rs. 11,000 crore tax due on Essar- Vodafone sale deal.
Though eaxct reasons for the suicide of Mr. Iyer is not clear, some people expect that it can be related to IT department tax case also.