cairn Energy

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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Cairn accuses finmin official of ordering dividend freeze

New Delhi : British oil firm Cairn Energy plc has accused a senior finance ministry official of “privately” advising billionaire Anil Aga...Read More

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Setback to India, intl panel rejects stay on Cairn arbitration

New Delhi : In a setback to India, an international arbitration panel has rejected its demand for a stay on an arbitration initiated by B...Read More

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Tax dept slaps fresh demand note of `10,247 cr on Cairn

New Delhi : Within weeks of tax tribunal ITAT upholding levy of retrospective tax, the Income Tax Department has slapped a fresh demand n...Read More

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Tax dispute scheme gets tepid response, garners Rs 1,200 crore

New Delhi : The government’s ambitious tax dispute resolution scheme has ended with a whimper with just Rs 1,200 crore being collected an...Read More

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Cairn liable to pay `10,247 cr capital gains tax: ITAT

New Delhi : Tax tribunal ITAT as upheld levy of Rs 10,247 crore capital gains tax on UK’s Cairn Energy Plc but has held that interest can...Read More

CBDT extends deadline for tax settlement scheme till January 31

CBDT extends deadline for tax settlement scheme till January 31

New Delhi: Giving companies like Vodafone and Cairn Energy one more month to accept its offer to settle retro tax disputes, the governmen...Read More

Companies must drop  retro tax cases to avail  settlement scheme: CBDT

Companies must drop retro tax cases to avail settlement scheme: CBDT

New Delhi : Vodafone, Cairn Energy and other firms facing retrospective tax demand will have to withdraw legal cases and give up the righ...Read More

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Cairn tax dispute : India has to respond by Nov, says CEO

New Delhi : India has time till November to respond to Cairn Energy’s demand for $5.6 billion compensation in the retrospective tax case,...Read More

Govt fixes Dec 31 deadline for retro tax settlement

Govt fixes Dec 31 deadline for retro tax settlement

It is a one time offer for Vodafone and Cairn Energy 

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Cairn Energy seeks $5.6 bn in damages

New Delhi : British explorer Cairn Energy has sought $ 5.6 billion in compensation from the Indian government for raising a retrospective...Read More

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