Cairn Energy Tax Dispute
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Cairn Gets Rs 7,900 Crores From India In Retro Tax Dispute Settlement
The Indian government has refunded Rs 7,900 crore to Britain's Cairn Energy Plc to a dispute over the levy of retrospective taxes.
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Cairn Drops Lawsuits In US, UK Against Government On Retrospective Tax Issue
Britain's Cairn Energy Plc has dropped lawsuits against the government and its entities in the US and other places
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Government To Refund Rs 7,900 Crore Retro Tax To Cairn, Firm To Withdraw Cases
About Rs 8,100 crore collected from companies under the scrapped tax provision are to be refunded if the firms agreed to drop outstanding litigation, including claims for interest and penalties.
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Government, Cairn Energy Reach Consensus To Settle Tax Dispute
Cairn Energy has entered into certain undertakings with the Government, which would allow for tax refunds under a long-running billion dollar dispute
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US Court Pauses Tax Suit To Allow Cairn To Settle Dispute With India
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 the Indian government on the long drawn dispute.
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Cairn Energy To Return $700 Million To Shareholders Through Special Dividend
Britain's Cairn Energy pledged to return up to $700 million to shareholders through a special dividend and a share buyback this year.
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Expecting $1.06 Billion Payment From India Within Weeks, Says Cairn CEO
Cairn Energy Plc shareholders can expect a payback of as much as $700 million once the U.K. oil producer settles a long-running tax dispute with India.
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Vodafone, Cairn May Drop Tribunal Cases, Says Top Government Officer
India is in talks with Vodafone Group Plc and Cairn Energy Plc to settle long-running tax disputes with them, a top government official said after the nation last week moved to abolish a rule on retrospective taxation scorned by investors.
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Explained: Chronology Of India's Huge U-Turn On Retrospective Tax
The Indian government on Thursday proposed to refund companies in disputes over retrospective tax, including telecoms operator Vodafone and energy giant Cairn, after a string of setbacks in international litigation.
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Retro Tax Axed To Settle Disputes Worth Billions: 10 Facts
In a huge move to settle international disputes running into billions of dollars, the government on Thursday said it will change tax laws to do away with demands for past payments. Companies like Cairn Energy will get refunds, the government said.
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No Proposal Received From Cairn To Resolve Tax Dispute, Says Government
Cairn Energy Arbitration: Centre has said it has not received any formal proposal from British oil major to resolve the tax dispute.
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India Challenges $1.2 Billion Arbitration Award To UK's Cairn Energy
India has challenged an international arbitration tribunal asking it to return $1.2 billion to UK's Cairn Energy Plc on grounds that it had never agreed to arbitrate over a "national tax dispute", the finance ministry said.
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Cairn Energy Tax Dispute: Centre Says Open To Amicable Solution
Cairn Energy Dispute: Centre said the CEO and representatives of Cairn Energy have approached it for discussions to resolve the matter.
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Cairn Energy Sues Air India For $1.2 Billion Arbitration Award: Report
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 India, according to a U.S. District Court filing reviewed by Reuters.
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India Asks State Banks To Withdraw Cash Abroad So Cairn Cannot Seize It
Cairn was awarded damages of more than $1.2 billion plus interest and costs in December in a long-drawn-out tussle with the Indian government over its retrospective tax claims.
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Cairn Gets Rs 7,900 Crores From India In Retro Tax Dispute Settlement
The Indian government has refunded Rs 7,900 crore to Britain's Cairn Energy Plc to a dispute over the levy of retrospective taxes.
-
Cairn Drops Lawsuits In US, UK Against Government On Retrospective Tax Issue
Britain's Cairn Energy Plc has dropped lawsuits against the government and its entities in the US and other places
-
Government To Refund Rs 7,900 Crore Retro Tax To Cairn, Firm To Withdraw Cases
About Rs 8,100 crore collected from companies under the scrapped tax provision are to be refunded if the firms agreed to drop outstanding litigation, including claims for interest and penalties.
-
Government, Cairn Energy Reach Consensus To Settle Tax Dispute
Cairn Energy has entered into certain undertakings with the Government, which would allow for tax refunds under a long-running billion dollar dispute
-
US Court Pauses Tax Suit To Allow Cairn To Settle Dispute With India
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 the Indian government on the long drawn dispute.
-
Cairn Energy To Return $700 Million To Shareholders Through Special Dividend
Britain's Cairn Energy pledged to return up to $700 million to shareholders through a special dividend and a share buyback this year.
-
Expecting $1.06 Billion Payment From India Within Weeks, Says Cairn CEO
Cairn Energy Plc shareholders can expect a payback of as much as $700 million once the U.K. oil producer settles a long-running tax dispute with India.
-
Vodafone, Cairn May Drop Tribunal Cases, Says Top Government Officer
India is in talks with Vodafone Group Plc and Cairn Energy Plc to settle long-running tax disputes with them, a top government official said after the nation last week moved to abolish a rule on retrospective taxation scorned by investors.
-
Explained: Chronology Of India's Huge U-Turn On Retrospective Tax
The Indian government on Thursday proposed to refund companies in disputes over retrospective tax, including telecoms operator Vodafone and energy giant Cairn, after a string of setbacks in international litigation.
-
Retro Tax Axed To Settle Disputes Worth Billions: 10 Facts
In a huge move to settle international disputes running into billions of dollars, the government on Thursday said it will change tax laws to do away with demands for past payments. Companies like Cairn Energy will get refunds, the government said.
-
No Proposal Received From Cairn To Resolve Tax Dispute, Says Government
Cairn Energy Arbitration: Centre has said it has not received any formal proposal from British oil major to resolve the tax dispute.
-
India Challenges $1.2 Billion Arbitration Award To UK's Cairn Energy
India has challenged an international arbitration tribunal asking it to return $1.2 billion to UK's Cairn Energy Plc on grounds that it had never agreed to arbitrate over a "national tax dispute", the finance ministry said.
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Cairn Energy Tax Dispute: Centre Says Open To Amicable Solution
Cairn Energy Dispute: Centre said the CEO and representatives of Cairn Energy have approached it for discussions to resolve the matter.
-
Cairn Energy Sues Air India For $1.2 Billion Arbitration Award: Report
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 India, according to a U.S. District Court filing reviewed by Reuters.
-
India Asks State Banks To Withdraw Cash Abroad So Cairn Cannot Seize It
Cairn was awarded damages of more than $1.2 billion plus interest and costs in December in a long-drawn-out tussle with the Indian government over its retrospective tax claims.
