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When $2.1 billion is at stake, one shouldn’t be surprised if someone shows the urgency that Vodafone is showing. It began its argument in earnest in the Bombay high court on Monday by strongly opposing against ,”an imposition of penalty” . Vodafone International Holding is challenging the show cause notice issued last September to it by the Income Tax department in Mumbai for its approximately Rs 8,000 crore tax liabilities.

Following the tradition started by Ankit, here’s another WAT’s Up Online where we try to report all the news and happenings that we missed in the day, so that our readers don’t feel left out.