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You Searched For "Cairn India" and got 20 results


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1 min read

Vedanta ran covert lobbying campaign to weaken environmental laws: OCCRP

Mining and oil giant Vedanta ran a covert lobbying campaign to weaken key environmental regulations…

PTI   


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3 mins read

Nick Walker is new CEO of Vedanta Cairn Oil and Gas

Vedanta's Cairn Oil & Gas on Thursday announced the appointment of Nick Walker as the new chief exe…

PTI   


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2 mins read

Cairn Energy in wait and watch mode even after the bill to kill retro tax is tabled in the Parliament

Cairn Energy is not making any notable statements and has instead chosen to wait and watch how the …

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4 mins read

New York court pauses tax suit to allow Cairn to settle dispute with India

The New York district court delayed the tax suit to November 18, according to court documents re…

PTI   


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5 mins read

Cairn accepts India's $1 billion refund offer, says will drop all cases against the government

The offer to return money seized to enforce retrospective tax demand in lieu of dropping all l…

PTI   


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2 mins read

Cairn has reportedly seized Indian government assets in France worth over $23 million

Cairn Energy has made its first successful attempt at freezing Indian state-owned assets in its ong…

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5 mins read

UK's Cairn Energy identifies $70 billion Indian assets for seizing to recover amount due from government

These assets are across several jurisdictions, they said without giving further details. …

PTI   


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3 mins read

Cairn Energy and Air India seek stay on New York court proceedings

The move follows the government enacting a law to scrap retrospective taxation in the country, …

PTI   


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2 mins read

A brief history of India’s retrospective tax law that would finally be upturned for good

On Thursday, August 5, the Indian government proposed to withdraw all tax demands under the retrosp…

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2 mins read

Cairn discusses proposals with Government of India on arbitration award

Cairn has enjoyed a long and successful history operating in India, investing billions of doll…

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3 mins read

Cairn says it has identified Indian assets for seizing should it be not paid

The firm has moved courts in nine countries to get the arbitral award registered and recognised.…

PTI   


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2 mins read

OPINION: Retrospective tax — Putting an end to a long-standing controversy

The retrospective amendments attracted a lot of attention, both when they were first introduced in …

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1 min read

Indian government denies reports on PSBs withdrawing funds from abroad due to the Cairn dispute, and is strongly defending its stand in the dispute

The Indian government has denied reports that it has asked state-owned banks to withdraw funds from…

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2 mins read

Cairn Energy CEO meets Indian finance secretary as shareholders impatiently wait for action on the $1.4 billion tax dispute

Days after filing cases in the US, the UK and the Netherlands courts to get $1.4 billion in a tax d…

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4 mins read

India will have to pay Cairn $1.2 billion ending one of the biggest tax disputes of the decade⁠— but the tax department may not have given up yet

At the start of the decade, the Indian government had a claim of ₹24,500 crore (over $2 billion at …

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3 mins read

Taxation and industry experts cheer the potential withdrawal of retrospective tax

The government of India has decided to withdraw the controversial retrospective tax, which was firs…

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4 mins read

Indian government brings in a bill to bury the infamous retrospective tax that haunted Cairn and Vodafone for nearly a decade

In a bid to bury the ghost of retrospective taxation, the government on Thursday brought a bill in …

PTI   


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4 mins read

Indian government appeals against tribunal ruling of $1.4 billion Cairn arbitration award

The appeal was filed on Monday, a source with knowledge of the matter said. The appeal agai…

PTI   


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4 mins read

Cairn expects arbitration award in retro tax case by this summer

"Interest is currently being charged on the principal at a rate of 12 per cent per annum from Febr…

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3 mins read

Indian government asks a US court to dismiss Cairn Energy's plea on $1.2 billion award, cites 'sovereign immunity'

Cairn had in May asked a US federal court to force Air India to pay a USD 1.26 billion arbitrati…