Cairn CEO wants to meet FM Nirmala Sitharaman on arbitration award next weekThis is yet another attempt by Cairn to mount pressure on the government to honour the award. Last month, Cairn wrote to the Indian governm...
18 Feb, 2021, 09.48 AM IST
India to study Cairn Energy arbitration award, to consider all optionsThe government's statement followed that from Cairn Energy Plc which said that it had won the arbitration against the Indian government ove...
23 Dec, 2020, 08.14 PM IST
Double blow for India. After Vodafone, Cairn Energy wins investment treaty arbitration against New Delhi in 5-year-old tax disputeCairn in March 2015 filed a formal dispute against a demand for more than $1.2 billion from the Indian tax department that dates back to th...
23 Dec, 2020, 08.13 PM IST
Cairn arbitration award may be protracted, not expected before 2019"The formal hearings and submissions in respect of Cairn's claim under the UK-India Bilateral Investment Treaty concluded in 2018 and the a...
10 Sep, 2019, 02.59 PM IST
Cairn approaches international panel for injunction against I-T departmentCairn Energy is contesting the tax demand through an international arbitration and has not participated in the amnesty scheme the governmen...
09 Jun, 2017, 01.18 AM IST
Cairn seeks repeal of retro tax law in upcoming budgetCairn Energy would like the Government of India to take the opportunity to repeal the legislation on retrospective taxation in the forthcom...
25 Jan, 2017, 03.53 PM IST
Cairn India has indemnity from Cairn Energy on Rs 20,000 crore taxCairn India was in April 2014 slapped with a tax demand of Rs 20,495 crore for failing to deduct withholding tax on alleged capital gains m...
10 Apr, 2016, 12.46 PM IST
Will seek $600 mn from India in damages: Cairn EnergyIn a statement, Cairn said it had initiated arbitration challenging levy of tax under UK-India Investment Treaty.
19 Jan, 2016, 04.15 PM IST
Government rejects Cairn Energy UK's plea for arbitration on Rs 10,247-crore tax disputeThe government has rejected Cairn Energy UK's plea for an arbitration over Rs 10,247-crore tax dispute under the bilateral investment prote...
28 Jun, 2015, 11.38 AM IST
Vedanta slaps Notice of Claims on governmentBillionaire Anil Agarwal-led group said it will take "all necessary steps" to protect interest against the tax notice on Cairn India.
28 Mar, 2015, 05.13 AM IST
Cairn India slapped with Rs 20,495 crore tax demandIT department has slapped a Rs 20,495 crore tax demand on Cairn India for failing to deduct withholding tax on alleged capital gains made b...
14 Mar, 2015, 05.19 AM IST
Cairn UK did not pay tax on Rs 24,503.50 crore of capital gains: Income Tax DepartmentI-T Dept has assessed that Cairn Energy Plc of UK did not pay tax on Rs 24,503.50 cr of capital gains made on transferring India assets to ...
27 Jan, 2014, 10.21 PM IST
- Cairn-Vedanta deal: Govt must be conscious of legal hiccups
India Inc’s approach towards entry and exits of foreign investments may invite investor protection claims. Cairn-Vedanta fiasco may turn in...
27 May, 2011, 06.15 AM IST
- Cairn Energy to pay taxes due in India, UK on Vedanta deal
British firm Cairn Energy said it will pay all taxes due, both in India and the United Kingdom, on the $8.48-billion sale of a majority sta...
09 Sep, 2010, 03.18 AM IST
- Cairn Energy to pay up to $1.1 bn in taxes on Vedanta deal
Cairn said it will pay all taxes due, both in India and the UK, on the $8.48 bn sale of a majority stake in its Indian arm to Vedanta Resou...
08 Sep, 2010, 09.23 PM IST
- Cairn Energy to pay shareholders 481 mn pounds
Cairn Energy of UK will give its shareholders 481 million pounds (944 million dollars), about half of the Rs 8,616 crore it raised through ...
27 Feb, 2007, 03.00 PM IST
- Cairn to raise USD 1.8 bn in IPO
An IPO of Indian business through the book building route is planned in December.
01 Nov, 2006, 06.00 PM IST