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Govt May Give Oilfield In Lieu Of $1.4 Billion It Has To Pay Cairn, Save Overseas Assets

Govt may give oilfield in lieu of $1.4 billion it has to pay Cairn, save overseas assets
For a government struggling to find revenue to boost a COVID-19 battered economy, options of appeal against the arbitration award are limited and it may not have the financial bandwidth for such a payout, two sources with knowledge of the development said.
PTI
Source: Reuters
The government may give Cairn Energy one of the surrendered oil fields such as Ratna R-Series in lieu of the USD 1.4 billion it has pay to the British firm, helping prevent seizure of foreign assets in case of default as well as get a experienced operator in struggling E&P sector, sources said. ....

New York , United States , United Kingdom , Arabian Sea , India General , City Of , Simon Thomson , Cairn Energy , Essar Oil , Pakistan International Airlines , Supreme Court , Air India , Vedanta Ltd , York Convention , Cairn Energy India , Ratnar Series , Essar Oil Premier , New York Convention , Foreign Arbitral , Cairn India , United Kingdom India Investment Treaty , Income Tax Act , Cairn Energy International Arbitration Award , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் ,

Govt may give Cairn oil field instead of paying 1.4 billion dollars: Sources

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The government may give Cairn Energy one of the surrendered oil fields such as Ratna R-Series in lieu of the USD 1.4 billion it has pay to the British firm, helping prevent seizure of foreign assets in case of default as well as get a experienced operator in struggling E&P sector, sources said.
New Delhi:
Cairn Energy gave India its biggest onland oil discovery but exited the country after it was slapped with a Rs 10,247-crore tax demand using a legislation that gave the government the powers to tax companies retrospectively. The firm has now won an international arbitration against the tax demand and the government has been ordered to return the value of shares of Cairn it had sold, dividends it had seized and tax refund it had withheld to recover the tax demand. ....

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نصیر الدین شاہ کا پہلی بار اہلیہ اور 'لَو جہاد' سے متعلق انکشاف - Entertainment

نصیر الدین شاہ کا پہلی بار اہلیہ اور 'لَو جہاد' سے متعلق انکشاف - Entertainment
dawnnews.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawnnews.tv Daily Mail and Mail on Sunday newspapers.

Uttar Pradesh , Naseeruddin Shah , Hinduf Muslim , State Uttar Pradesh , Ratna Gate Hindu , Ratna Gate , Religion How , Naseeruddin King Senior , Muslim India , Ratna Gate King , உத்தர் பிரதேஷ் , நசீருதீன் ஷா , நிலை உத்தர் பிரதேஷ் , முஸ்லீம் இந்தியா ,

Birthday Special: 5 Roles that prove Sidharth Malhotra can act : Bollywood News

Bollywood Hungama
Subhash K. Jha
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Many think he is just a pretty face. But since his debut in 2012 with
Student Of The Year, Sidharth Malhotra has constantly striven to disprove the belief that good-looking people can’t act. Here is his 5 bravest efforts.
1.
Ek Villain
(2014): Though ‘villain’ Ritesh Deshmukh walked away with the critical acclaim, Sidharth as the grieving hero packed in a certain amount of florid intensity combined with some terrific stunts. This was one Malhotra’s earliest successes. Interestingly in his other release
Hasee Toh Phasee the same year Malhotra happily allowed Parineeti Chopra to take centre stage. ....

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అపశ్రుతుల్లో భారత ప్రజాస్వామ్యం

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

Rianna Mukherjee , Manmohan Singh , Pranab Mukherjee , Sangh Parivar , Center Issue , Supreme Court , Country Parliament , Supreme Court Tuesday Center , Supreme Court Collegium , Supreme Court September , Prime Minister Modi , President Office , Modi Her , Mukherjee Her , His Her View , Man Presidential , Prime Minister , Well Mukherjee , Her View , Prime Minister Office , Prime Minister Manmohan Singh , Prime Minister Modi Her , Pakistan Earth , Minister Lal , Nehru China , Pranab Mukherjee Her ,