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Cairn Energy

India to scrap retrospective tax law in olive branch to global firms

Economy

05 August, 2021

India to scrap retrospective tax law in olive branch to global firms

India on Thursday proposed scrapping a controversial law that taxed companies retrospectively and said it will refund disputed amounts, a ......

Britain's Cairn files case in US to push India to pay $1.2 bn award

Infrastructure

17 February, 2021

Britain's Cairn files case in US to push India to pay $1.2 bn award

Cairn Energy has filed a case in a US district court to enforce a $1.2 billion arbitration award it won ......

India govt may give Cairn Energy oil field in lieu of arbitration award

Infrastructure

01 February, 2021

India govt may give Cairn Energy oil field in lieu of arbitration award

The Indian government may give Cairn Energy a surrendered oil field such as the Ratna R-Series in lieu of an ......

Cairn Energy threatens to enforce arbitration award against Indian assets overseas

Infrastructure

25 January, 2021

Cairn Energy threatens to enforce arbitration award against Indian assets overseas

Cairn Energy has begun to take steps to identify Indian assets overseas against which it can enforce the $1.2 billion ......

India tax department sells $216 mn of Vedanta shares

Manufacturing

09 July, 2018

India tax department sells $216 mn of Vedanta shares

Cairn Energy said on Monday it would write down the value of its investment in Vedanta Ltd after Indian tax ......