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INDIA CAIRN CASE
Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?Vedanta’s newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slip...
Vedanta Power, Aluminium, Oil & Gas and Iron shares soar up to 5%. Which stock looks best placed?Shares of Vedanta’s newly demerged entities rallied up to 5% for a second session, driven by strong investor interest and brokerage optimis...
Vedanta Aluminium, Oil & Gas and Power shares fall up to 5% on Day 2. What should investors do?Shares of newly demerged Vedanta entities saw a dip post-listing. Investors are now weighing long-term opportunities, with Vedanta Aluminiu...
Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demergerVedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlo...
Vedanta listings: 4 new Vedanta Group stocks debut on Dalal Street. What's ahead?Four Vedanta Group firms – Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel – debuted on BSE and NSE following...
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
The tipping point: What spurred India's reversal of retro taxThe Lok Sabha has passed the Taxation Laws (Amendment) Bill, which proposes to scrap the retrospective application of the 2012 amendment to...
$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...
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...
India in no mood to concede defeat in Cairn Energy tax case, to appeal against arbitration awardThe appeal against the award is likely to be in the government in the Netherlands, while India will contest its right to tax in the case fi...
Retrospective taxation: India loses Cairn Energy arbitration case but goes after Vodafone
India may not accept arbitration orders annulling Cairn, Vodafone tax demandsWhile Vodafone is supposed to file its response to the government objection by July, India will respond to this by December, thereafter the...
Final arbitration hearings on India tax demand in August: CairnIn an operational update, Cairn said the three-member international arbitration tribunal has indicated that it will expeditiously draft the...
Income Tax department to attach shares if Cairn doesn't pay Rs 10,395 crore taxThe tax department had in an unprecedented move had last month appropriated Rs 1,500 crore of tax refund due to Cairn Energy.
I-T dept lifts freeze on Cairn dividend payout,stake bar staysThe 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 India, Vedanta merger only after tax liability settled: GovernmentVedanta had in 2011 acquired Cairn India from its British promoters, and last year proposed to merge the cash-rich firm with BSE-listed Ved...
- Oil ministry sets tough conditions to clear Cairn deal
Cairn India should withdraw cess arbitration case and agree to pay its share of Rs 9,202 crore, even as ONGC would pay Rs 3,944 crore as ce...
- ONGC can decide on bidding for Cairn India by Oct
State-owned Oil and Natural Gas Corp (ONGC) has over a month to decide if it chooses to exercise its pre-emption or right of first refusal ...
- ONGC-OIL-GAIL may bid to counter Vedanta's offer for Cairn
The three firms have held informal talks on the joint bid even as the ministry is looking at legal options to deny Vedanta the approval to ...
- Govt seeks details of Cairn-Vedanta deal
Government has asked Cairn Energy Plc to submit details of its deal to sell its majority stake in the company that operates the Rajasthan o...