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Vedanta Expands Footprint In Global Display Value Chain With Acquisition Of Japanese Major AvanStrate For $78 Million

Vedanta Expands Footprint In Global Display Value Chain With Acquisition Of Japanese Major AvanStrate For $78 Million
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Vedanta Demerger Call By March-End: Anil Agarwal

Metals and mining group Vedanta Ltd will announce the contours of a proposal to spin off key businesses into separate listed companies by March-end

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Govt to file appeal against arbitral award in Cairn retro-tax case

Govt to file appeal against arbitral award in Cairn retro-tax case The arbitration court unanimously ruled that India breached its obligations to Cairn under the UK-India Bilateral Investment Treaty Dipak Mondal | February 19, 2021 | Updated 10:17 IST India to appeal agasint Cairn arbitral award The government will file an appeal against Cairn arbitration award soon and will contest its sovereign rights to tax, sources in the finance ministry said. The ministry sources said that the government will also strongly contest other suits filed by Cairn Energy at various other international courts. An international arbitral tribunal had in December 2020 ruled against India s decision to retrospectively tax the capital gains made when Cairn UK Holdings Ltd sold shares in Cairn India Holdings Ltd, a Jersey company, to Cairn India Ltd, an Indian company.

United kingdomCairn energyCairn india holdings ltdCairn india ltdHutchison essar limitedIndian companyCairn united kingdom holdings ltdCairn energy plcIncome tax departmentHutchison telecommunications internationalUnited kingdom india bilateral investment treatyEnergy plc chief executive simon thomsonCairn united kingdom holdingsCairn india caseCairn arbitral awardCairn arbitration award

Govt to file appeal against arbitral award in Cairn retro-tax case

Govt to file appeal against arbitral award in Cairn retro-tax case
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United kingdomCairn energyCairn india holdings ltdCairn india ltdHutchison essar limitedIndian companyCairn united kingdom holdings ltdCairn energy plcIncome tax departmentHutchison telecommunications internationalUnited kingdom india bilateral investment treatyEnergy plc chief executive simon thomsonCairn united kingdom holdingsஒன்றுபட்டது கிஂக்டம்கெய்ன் ஆற்றல்கெய்ன் இந்தியா ஹோல்டிங்ஸ் லிமிடெட்

Will govt appeal against Cairn order? Response to Vodafone tangle holds clue

Will govt appeal against Cairn order? Response to Vodafone tangle holds clue Supreme Court lawyer Arvind Datar, who has represented Cairn in this case, says that the government has the right to appeal but he does not know whether they will appeal or not Dipak Mondal | December 27, 2020 | Updated 12:53 IST In yet another setback to the government, an international arbitral tribunal has ruled unanimously that India has breached its obligations to Cairn under the UK-India Bilateral Investment Treaty and has awarded to Cairn damages of $1.2 billion plus interest and costs. It has now become payable. This is the second such defeat for the government after a similar order was passed by an international tribunal against the retrospective taxation on Vodafone in September this year.

United kingdomAmit maheswariArvind datarRishab guptaSunil aroraCairn india holdings ltdShardul amarchand mangaldas coCairn india ltdSupreme courtCairn united kingdom holdings ltdParliament of indiaIncome tax departmentUnited kingdom india bilateral investment treatyFinance ministryBusiness todayShardul amarchand mangaldas