UK's Cairn Energy Plc has won an arbitration against the Indian government levying Rs 10,247 crore in retrospective taxes, the company said on Wednesday. The three-member tribunal, which also......
A senior company executive said the company waited for seven years for the verdict and its shareholders needed to know when it would be concluded. With the Indian government deciding to appeal......
The Income Tax Department has slapped on UK's Cairn Energy plc a tax demand notice of over Rs 29,000 crore (Rs 290 billion), including Rs 18,800 crore (Rs 188 billion) in back dated......
British oil firm Cairn Energy plc on Tuesday said it will seek from India over $600 million in damages for loss it suffered in value of its holding from a Rs 10,247-crore (Rs......
Scottish oil and gas explorer, Cairn Energy plc has sacked nearly 40 per cent of its employees as it faces capital constraints on not being able to sell $1 billion worth of stake, following a tax......