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 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 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
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
- Govt nod needed for Vedanta deal, accepts Cairn
UK’s Cairn Energy has reluctantly acquiesced to the government’s view that prior consent is required for the sale of a majority stake in it...
06 Dec, 2010, 05.37 AM IST
- 'Cairn cannot sell stake to Vedanta without govt nod'
Law ministry has opined that UK’s Cairn Energy cannot sell stake in its Indian unit to Vedanta Resources without government nod for transfe...
18 Nov, 2010, 02.16 AM IST
- Cairn to seek shareholders’ nod for Vedanta deal today
UK-Based Cairn Energy will seek shareholders’ nod on Thursday for sale of majority stake in its Indian arm to London-listed Vedanta Resourc...
07 Oct, 2010, 05.07 AM IST
- Cairn India AGM to seek investors’ nod on Vedanta deal
Cairn India, the local oil exploratory unit of UK-listed Cairn Energy, is scheduled to seek shareholders’ approval to Vedanta Resources’ bi...
15 Sep, 2010, 02.49 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 Plc may face $1-b cap-gains taxIndian tax authorities are ready to fire a tax salvo at Cairn Energy that may soon be asked to cough up capital gains on its over $9-bn sta...
17 Aug, 2010, 05.23 AM 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
- IFC to pick up Cairn India stake for Rs 200 cr
International Finance Corporation (IFC) has shown interest in picking up an undisclosed stake in Cairn India (CIL), a wholly-owned subsider...
05 Oct, 2006, 12.20 AM IST