New York court pauses tax suit to allow Cairn to settle dispute with IndiaThe New York district court delayed the tax suit to November 18, according to court documents reviewed by PTI. This follows Cairn Energy an...
26 Sep, 2021, 10.18 AM IST
Cairn Energy, Air India seek stay on New York court proceedingsCairn and Air India in a joint request to US District Judge Paul Gardephe on September 13 stated that a stay on proceedings would give them...
15 Sep, 2021, 03.38 PM IST
Cairn expects $1.06 billion in refund from India, plans to return $700 million to shareholdersCairn Energy expects a “near-term” resolution on retrospective tax issue with India and a refund of ₹7,900 crore ($1.06 billion), the compa...
08 Sep, 2021, 06.31 AM IST
Cairn Energy expects a ‘near-term’ resolution on retrospective tax issue with IndiaCairn is “working with Government of India to expedite documentation and payment of refund,” the company said, adding that it was required ...
07 Sep, 2021, 02.03 PM IST
Cairn has to respond to India's arbitration award plea in US court by October 20Cairn had approached the District of Columbia court in February to confirm the arbitration award it had won against India in a retrospectiv...
26 Aug, 2021, 05.56 PM IST
$1.2 bn arbitration award: Govt says no formal proposal from Cairn to settle disputeWith New Delhi refusing to pay and instead challenged the award before a court in The Netherlands, Cairn has got the order registered in se...
02 Aug, 2021, 03.12 PM IST
Cairn arbitration: Govt confirms French court order against Indian assetsMinister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha said the government has filed an appeal ...
27 Jul, 2021, 03.24 PM IST
No likely impact of Cairn and Devas lawsuits on its Air India's disinvestment process: Govt"Cairn Energy and Devas Multimedia have filed lawsuits in the United States District Court for Southern District of New York seeking declar...
22 Jul, 2021, 04.54 PM IST
After Air India, Cairn to target more state cos to recover money due from govtLast month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by...
27 Jun, 2021, 10.51 AM IST
Air India has time till mid-July to challenge Cairn lawsuitAir India is controlled by the Indian government so much that they are "alter egos", Cairn had said in the lawsuit filed with the US Distri...
20 Jun, 2021, 12.24 PM IST
Govt targets to conclude ongoing CPSE privatisation this fiscalThe process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp and NINL has already moved to the second stage after the g...
19 May, 2021, 05.57 PM IST
Defence against arbitration award enforcement: GoI engages legal team to counter Cairn's movesCairn filed the lawsuit on Friday in the district court for the Southern District of New York seeking to make Air India liable for the arbi...
16 May, 2021, 09.45 PM IST
Cairn identifies $70 bn Indian assets for seizing to recover amount due from govt"The Indian government naturally will challenge such seizure but to save the assets it may have to pawn money equivalent to the value of as...
16 May, 2021, 05.11 PM IST
Cairn Energy sues Air India in US court to enforce $1.2 billion arbitration awardAir India is the only Indian carrier that flies long-haul flights to destinations such as the United States and Canada. It is unclear wheth...
15 May, 2021, 07.16 PM IST
Cairn to file lawsuits to seize foreign assets of Indian PSUsCairn is looking to enforce it by seizing overseas Indian assets, Dennis Hranitzky, head of the sovereign litigation practice at Quinn Eman...
29 Mar, 2021, 09.56 AM IST
Cairn set to file lawsuits to pierce corporate veil, seize Indian PSU assets to enforce arbitration awardThese assets can potentially be non-diplomatic ones and those owned by entities controlled by Indian government in nine countries. The laws...
28 Mar, 2021, 01.04 PM IST
- Oilmin sets Ravva profit sharing as rider to Cairn-Vedanta deal
The oil ministry will ask Cairn India to accept its position in a lawsuit over sharing of profits in Cairn-operated Ravva oil and gas field...
05 Feb, 2011, 05.28 AM IST