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Cairn Energy
Business  /  Published 06.01.22

Cairn drops lawsuits against Indian govt

Britain’s Cairn Energy has dropped all lawsuits against the Indian government and its entities in courts from the US to France and to Singapore and is now entitled for about Rs 7,900 crore refun...
By PTI in New Delhi

Business  /  Published 05.01.22

Cairn: Lawsuits against India withdrawn

Britain's Cairn Energy has dropped all lawsuits against the Indian government and its entities in courts from the US to France and to Singapore, to now be entitled for about Rs 7,900 crore refund ...
By Our Bureau, PTI in New Delhi

Business  /  Published 27.12.21

Cairn Energy drops lawsuits

Britain's Cairn Energy Plc has dropped lawsuits against the Indian government and its entities in the US and other places and is in the final stages of withdrawing cases in Paris and the Netherlan...
By PTI in New Delhi

Business  /  Published 09.11.21

Voda agrees to retro tax terms

Telecom firm Vodafone has informed the finance ministry it will submit an indemnity bond to settle its retrospective taxation case with the government, following a strategy similar to Cairn Energy. V...
By Our Special Correspondent in New Delhi

Business  /  Published 04.11.21

Cairn set to end tax spat

UK-based Cairn Energy plc on Wednesday said it has agreed to drop its lawsuits to seize Indian properties abroad.  Meeting the requirements of a new legislation that scraps the levy of retrospec...
By Our Special Correspondent in New Delhi

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Business  /  Published 03.10.21

Indemnity sting in retrospective tax rules

The Narendra Modi government has added a sting to the retrospective tax amendment that will make it harder for companies like Cairn Energy to exit from the country without any liabilities. The govern...
By Our Special Correspondent in New Delhi

Business  /  Published 26.09.21

US court stays Cairn lawsuit

 A New York court has paused Cairn Energy's pursuit of US assets of Air India for the recovery of USD 1.2 billion arbitral award, so as to allow the British firm to reach a settlement with th...
By Our Bureau, PTI in New Delhi

Business  /  Published 16.09.21

Tatas, Singh table bids for AI

The Tatas and SpiceJet promoter Ajay Singh have submitted financial bids to buy troubled national carrier Air India. The last date for submitting the bids was Wednesday. “Financial bids for Air...
By Our Special Correspondent in New Delhi

Business  /  Published 15.09.21

Cairn, Air India seek stay on NY lawsuit

Cairn Energy and Air India have jointly asked a New York federal court to stay further proceedings in the British firm's US lawsuit targeting the airline for enforcement of a USD 1.2-billion arbit...
By Our Bureau, PTI in New Delhi

Business  /  Published 08.09.21

Cairn accepts one bilion dollar refund offer

Cairn Energy on Tuesday said it has accepted the Modi government’s offer to refund the company Rs 7,900 crore (or $ 1.06 billion) to settle the retrospective tax dispute but did not categoricall...
By Our Special Correspondent in New Delhi


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