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Cairn Energy moves courts in US, UK, Netherlands to get $1 4 bn from India

Company planning to move a Canadian court soon

District of columbiaUnited statesUnited kingdomNew delhiAndhra pradeshUnited kingdom generalNirmala sitharamanSimon thomsonAjay bhushan pandeyLok sabhaAnurag singh thakurCairn energyFranklin templetonAnil agarwal vedanta groupBritain cairn energyAir india

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
outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.

District of columbiaUnited statesUnited kingdomNew delhiAndhra pradeshUnited kingdom generalNirmala sitharamanSimon thomsonAjay bhushan pandeyLok sabhaAnurag singh thakurCairn energyFranklin templetonAnil agarwal vedanta groupBritain cairn energyAir india

Cairn Energy CEO Thomson to meet FM next week over arbitration award

With the Indian government deciding to appeal against an international arbitration award that went against it, Cairn Energy Plc will directly knock at the doors of the Indian government for honouring of the award verdict. Cairn Energy CEO Simon Thomson would be meeting Union finance minister Nirmala Sitharaman in Delhi next week. The arbitration is now finalised and the award has been given and we would request along with others, that the Indian government moves swiftly to adhere to the award that has been given. That s important, it s important for our shareholders, who are global financial institutions and who want to see a positive investment climate in India, said Simon Thomson in a video address to all stakeholders.

United kingdomNirmala sitharamanSimon thomsonCairn energyCairn india holdings toAnil agarwal vedanta groupCairn united kingdom holdingsCairn plcCairn energy plcCairn india holdingsVedanta ltdIncome tax departmentCairn india to energyAndhra pradeshCairn united kingdomCairn india

India loses Cairn case in arbitration; asked to pay Rs 8,000 cr in damages

In a major setback, the Indian government has lost an international arbitration case to energy giant Cairn Plc over the retrospective levy of taxes, and has been asked to pay damages worth $1.2 billion (Rs 8,842 crore) to the UK firm. The verdict came on Tuesday night, barely three months after India lost arbitration to Vodafone Plc over the retrospective tax legislation amendment. The Permanent Court of Arbitration at The Hague has maintained that the Cairn tax issue is not a tax dispute but a tax-related investment dispute and, hence, it falls under its jurisdiction. India’s demand in past taxes, it said, was in breach of fair treatment under the UK-India Bilateral Investment Treaty.

United kingdomCity ofArun jaitleyCairn energyCairn india holdings toAnil agarwal vedanta groupCairn united kingdom holdingsBharatiya janata partyCairn india holdingsCairn india to energyHigh courtCairn united kingdomCairn indiaUnited kingdom basedCairn india holdings cayman islandIndia holdings

Cairn wins $1 2 billion award in damages in tax row with Centre

Cairn wins $1 2 billion award in damages in tax row with Centre
hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.

United kingdomNew delhiSonam chandwaniKs legal associatesAnil agarwal vedanta groupCairn india ltdVodafone group plcHutchison essar ltdSupreme courtCairn energy plcVedanta groupLondon stock exchange onVodafone india ltdHutchison essarCairn indiaVodafone group