Cairn India was subsequently merged with its new parent Vedanta Ltd, in which Cairn Energy now holds about 4.95 per cent stake.

In March 2015, it also slapped a notice on Cairn India, now called Vedanta Ltd, for its failure to withhold tax on capital gains made by it...

Cairn had initiated an international arbitration after government in 2014 demanded Rs 10,247 crore on a decade old internal reorganisation ...

In an operational update, Cairn said the three-member international arbitration tribunal has indicated that it will expeditiously draft the...

Cairn commenced international arbitration proceedings against India under the UK-India Bilateral Investment Treaty in 2015.

Scotland-based Cairn Energy till 2006 held Indian assets, including the prolific Rajasthan oil fields, through nine Indian subsidiaries.

Cairn Energy is contesting the tax demand through an international arbitration and has not participated in the amnesty scheme the governmen...

The department, using the 2012 law that gives it power to impose retrospective tax, had last year made a demand of Rs 29,047 crore on Cairn...

Cairn said it is pursuing its rights under Indian law to appeal the assessment, both in respect of the basis of taxation and the quantum as...

Cairn Energy Plc faces up to Rs 10,247-crore penalty over and above the Rs 29,000 crore in tax and interest demand slapped on it by the I-T...

British energy firm Cairn Energy has said it will seek about $700 million in compensation from the government for the loss of value of its ...

Cairn India told the Delhi High Court that the Rs 20,495 crore demand slapped on it by the Income Tax department has been calculated on "wr...

For the full 2014-15 fiscal, Cairn reported 64 per cent drop in net profit at Rs 4,480 crore with turnover dipping 22 per cent at Rs 14,646...

Mukul Rohatgi opposed Cairn's submissions saying issue of computation of tax as well as delay cannot be debated before the High Court.

IT 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...

In terms of volume, 3.18 lakh shares of the company changed hands at the BSE and over 27 lakh shares were traded at the NSE during the day.

Cairn faces a potential tax demand on an alleged Rs 24,500 cr of capital gains it made when in 2006-07 it transfered all its India assets t...