cairn Energy

FPJ Edit: Govt needs to live up to its poll promise and abolish the retrospective  amendment that has caused incalculable harm to India’s global image

FPJ Edit: Govt needs to live up to its poll promise and abolish the retrospective amendment that has caused incalculable harm to India’s global image

The government of India’s obstinate refusal to accept adverse verdicts in the international arena has culminated in the embarrassing pros...Read More

Netizens upset as Cairn gets French court order to seize 20 Indian properties in Paris; call it 'major embarrassment'

Netizens upset as Cairn gets French court order to seize 20 Indian properties in Paris; call it 'major embarrassment'

UK's Cairn Energy has secured a French court order to seize about 20 Indian government properties in Paris to recover a portion of $1.2 b...Read More

Cairn Energy gets French court order to seize 20 Indian govt properties

Cairn Energy gets French court order to seize 20 Indian govt properties

Britain’s Cairn Energy Plc has secured a French court order to seize about 20 Indian government properties in France to recover a part of...Read More

Air India has time till mid-July to challenge Cairn lawsuit

Air India has time till mid-July to challenge Cairn lawsuit

Air India has time till mid-July to challenge the lawsuit filed by Britain's Cairn Energy PLC demanding that a US federal court force the...Read More

Cairn Energy's move to sue Air India unlikely to run stake sale aground; soft aviation market can do more harm, writes Ajay Awtaney

Cairn Energy's move to sue Air India unlikely to run stake sale aground; soft aviation market can do more harm, writes Ajay Awtaney

Air India has shortlisted two bidders — the Tata Group and SpiceJet promoter Ajay Singh, who is evaluating the purchase of Air India in h...Read More

Cairn Energy's move to sue Air India unlikely to run stake sale aground; soft aviation market can do more harm

Cairn Energy's move to sue Air India unlikely to run stake sale aground; soft aviation market can do more harm

Air India has shortlisted two bidders--the Tata Group and SpiceJet promoter Ajay Singh, who is evaluating purchase of Air India in his pe...Read More

Cairn Energy sues Air India for $1.2bn arbitration

Cairn Energy sues Air India for $1.2bn arbitration

Cairn Energy has sued India's flagship carrier Air India to enforce a $1.2 billion arbitration award that it won in a tax dispute against...Read More

Cairn Energy is taking all necessary actions to access the USD 1.2 billion arbitration award against India

Cairn Energy is taking all necessary actions to access the USD 1.2 billion arbitration award against India

UK's Cairn Energy Plc on Tuesday said it is taking all necessary actions to access the USD 1.7 billion it was awarded by an international...Read More

Govt to slap recovery notice on Vedanta's Cairn after Delhi High Court judgment

Govt to slap recovery notice on Vedanta's Cairn after Delhi High Court judgment

In the interim, the firm's Barmer basin block licence, whose initial 25-year term ended on May 15, 2020, has been given an eighth interim...Read More

How is Cairn Energy retaliating against the Indian government for failing to abide by the arbitration award?

How is Cairn Energy retaliating against the Indian government for failing to abide by the arbitration award?

With the Indian government challenging an arbitration tribunal verdict in a court in The Hague, the multi-national company Cairn Energy h...Read More

FPJ Edit: Govt must stop giving foreign capital step-motherly treatment

FPJ Edit: Govt must stop giving foreign capital step-motherly treatment

The Prime Minister’s recognition of the role of the private sector as wealth creators, performing a vital role in the socio-economic deve...Read More

Cairn Energy to extend olive branch, readies to meet Finance Secretary over arbitration award

Cairn Energy to extend olive branch, readies to meet Finance Secretary over arbitration award

After the USD 1.2 billion (approximately Rs 8, 729.70 crore) arbitration award, European company Cairn Energy will be discussing with the...Read More

Cairn Energy moves courts in US, UK, Netherlands to get USD 1.4 bn from India

Cairn Energy moves courts in US, UK, Netherlands to get USD 1.4 bn from India

Cairn filed a petition in a Washington DC Federal court on February 12, and followed it up with similar filings in the UK and the Netherl...Read More

Govt may give oilfield in lieu of $1.4 bn it has to pay Cairn, save overseas assets

Govt may give oilfield in lieu of $1.4 bn it has to pay Cairn, save overseas assets

Cairn Energy gave India its biggest onland oil discovery but exited the country after it was slapped with a Rs 10,247-crore tax demand us...Read More

Cairn Energy's shareholders who incl MFS, BlackRock, ask India to honour arbitration award

Cairn Energy's shareholders who incl MFS, BlackRock, ask India to honour arbitration award

Cairn, which on this day seven years back was first slapped with a retrospective tax assessment, is three-fourth owned by world's top inv...Read More

Centre to study arbitration case award in Cairn Energy Plc

Centre to study arbitration case award in Cairn Energy Plc

After such consultations, the government will consider all options and take a decision on further course of action, including legal remed...Read More

Major setback: India loses Cairn case in arbitration, to pay Rs 8,000 Cr in damages

Major setback: India loses Cairn case in arbitration, to pay Rs 8,000 Cr in damages

The ruling serves a double-blow to Prime Minister Narendra Modi’s government after a similar loss against Vodafone.

Cairn seeks $1.4 bn in losses from retro tax demand

Cairn seeks $1.4 bn in losses from retro tax demand

In its half-yearly earnings statement, the company said it expects an international arbitral tribunal to shortly give a decree on its cha...Read More

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I-T dept seizes Rs 440 cr Cairn dividend income

New Delhi : The Income Tax Department has seized a further Rs 440 crore of dividend income due to Cairn Energy to recover a part of the R...Read More

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Cairn seeks additional $249 mn from India

Cairn had before an international arbitration tribunal in July last year sought $5.6 billion in compensation from the Indian government f...Read More

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