Cairn Energy

NEW DELHI: A New York court has paused Cairn Energy’s pursuit of US assets of Air India for the recovery of a $1.2-billion arbitral award, so as to allow the British firm to reach a settlement with the Indian government on the longdrawn…

<!-- -->Centre has come out with draft rules on withdrawal of retrospective tax demands from companiesDays after bringing in the Taxation Laws (Amendment) Act 2021 - which scraps the rule that empowered the government to…

Indian government has filed before a court in The Hague -- the seat of the international arbitration tribunal -- a Motion to Stay and a Motion to Dismiss the arbitral award, the August 23 petition stated. Air India has asked a New York…

NEW DELHI: A court in Washington has set timelines for responses to be filed to an Indian government petition seeking dismissal of a suit by Britain's Cairn Energy that sought enforcement of a $1.2 billion arbitral award. Judge Richard J…

New Delhi: A federal court in Washington has set timelines for responses to be filed to an Indian government petition seeking dismissal of a suit by Britain's Cairn Energy that sought enforcement of a USD 1.2 billion arbitral award. Judge…

Acknowledging the current situation of the economy and the need for a quick recovery and also that foreign investment plays an important role in boosting economic growth and employment, the Finance Minister has proposed to abolish the…

Finance minister Nirmala Sitharaman on Monday told the Rajya Sabha that the amendment to the 2012 retrospective income tax law will not dilute India’s sovereign right to tax. The Rajya Sabha on Monday passed the bill…

Have legal cases forced the Centre’s hand? Will global investors be satisfied with the changes? The story so far: On Thursday, Finance Minister Nirmala Sitharaman introduced the Taxation Laws (Amendment) Bill in the Lok Sabha to nullify…

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