December 23, 2024 12:06 pm (IST)
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Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait | Jaipur gas tanker crash: Toll touches 14, 30 critical | Arrest warrant against former cricketer Robin Uthappa over 'PF fraud' | PM Modi emplanes for a visit to Kuwait | German Christmas market car attack leaves 2 dead, Saudi Arabian doctor arrested | India, France come together to build world's largest museum in Delhi's Raisina Hill | Canada, US presented no evidence of Indians' involvement in purported criminal acts: Centre informs Parliament amid 'serious allegations' | Delhi Police Crime Branch to investigate FIR against Rahul Gandhi over Parliament tussle

Cairn Energy withdraws all litigations against India in retrospective tax case

Jan 06, 2022, at 06:12 pm

New Delhi/IBNS: Cairn Energy, now known as Capricorn energy, has withdrawn all cases in relation to retrospective taxes, allowing the Indian government to roll back the tax regimen and refund the taxes collected in this regard to the company, media reports said.

Cairn expecting payment of $1.06 billion from India within weeks: Report

Sep 08, 2021, at 04:50 am

Cairn Energy Plc has said its shareholders can expect a return of as much as $700 million once it settles a lingering tax dispute with India, according to media reports.

Cairn legal dispute: Indian govt slams media reports claiming PSU banks asked to withdraw funds from foreign accounts

May 24, 2021, at 07:38 am

New Delhi/IBNS: The Centre has taken strong exception to the media reports that allegedly claimed that it has asked state-owned banks to withdraw funds from foreign currency accounts abroad in anticipation of the potential seizure of such accounts with regard to the Cairn legal dispute, a Finance Ministry statement said Sunday.

Indian govt to challenge Hague tribunal's award in favour of Cairn

Mar 25, 2021, at 03:37 am

The Hague/IBNS: India is believed to have challenged the decision of a three-member tribunal at the Permanent Court of Arbitration at The Hague dismissing its Rs 10, 247 crore tax claim on Cairn Energy Plc, said media reports.