The finance ministry acknowledged that an order has been passed by a French court freezing certain Indian government properties in the case...

This comes following India's protracted refusal to abide by the arbitration order that asked the Indian government to pay Cairn $1.2 bn in ...

Air India is the only Indian carrier that flies long-haul flights to destinations such as the United States and Canada. It is unclear wheth...

The award from a three-member tribunal at the Permanent Court of Arbitration at The Hague invalidating India's Rs 10,247 crore tax claim on...

An arbitration tribunal ruled in favour of Cairn Energy in a six-year-old retrospective tax dispute in December and ordered the Indian gove...

In December, an arbitration tribunal ruled in favour of Cairn Energy in a six-year-old retrospective tax dispute and ordered the Indian gov...

Cairn Energy had moved courts in nine countries to enforce its USD 1.4 billion arbitral award against India, which the company won after a ...

Last year, the government lost two high-profile arbitrations over the levy of taxes on British firms, using legislation that gave it the po...

Cairn Energy Plc and Cairn UK Holdings Ltd filed a petition in a Washington DC district court on February 12 to confirm the arbitration awa...

For a government struggling to find revenue to boost a COVID-19 battered economy, options of appeal against the arbitration award are limit...

In 2019, ConocoPhillips had moved US courts to seize Venezuelan state oil company PDVSA's assets to collect USD 2 billion compensation it h...

The government's statement followed that from Cairn Energy Plc which said that it had won the arbitration against the Indian government ove...

Cairn 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...

Sources with knowledge of the development said in case the arbitration panel upholds Indian government's tax demand against Cairn, it would...

"The Arbitral Tribunal has indicated that whilst it is not yet able to commit to a specific award release date, it expects to be in a posit...

"The formal hearings and submissions in respect of Cairn's claim under the UK-India Bilateral Investment Treaty concluded in 2018 and the a...

In an operational update, Cairn said it is seeking monetary compensation of USD 1.4 billion from the Indian government in the arbitration p...