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Mining firm Vedanta made 'illegal' political donations?

 Vedanta Resources, which was pulled up for its role in the mining scam in India, is under the scanner yet again. This time for making a contribution of Rs 28 crore made to political partiesin the......

Cairn arbitration: Govt confirms French court order against Indian assets

 The government on Tuesday confirmed that a French court has ordered the freezing of certain Indian assets in Paris on a petition by Britain's Cairn Energy, which is seeking to recover $1.72 billion......

Cairn India gets Rs 20,495 crore tax notice

 Income Tax Department has slapped a Rs 20,495 crore (Rs 204.95 billion) tax demand on Cairn India for failing to deduct withholding tax on alleged capital gains made by its erstwhile promoter,......

Cairn India's Rs 5,725 crore share buyback starts on Jan 23

 Mining baron Anil Agarwal's Cairn India Ltd will spend up to Rs 5,725 crore (Rs 57.25 billion) to buy back shares to give him greater control over the nation's largest private oil producer. The......

Govt may have to take Rs 40k-cr hit

 The government may take a hit of about Rs 40,000 crore if it accepts the recommendations of the Parthasarathi Shome panel to tax indirect transfer of Indian assets prospectively, as against the......

I-T Dept slaps two more notices on Cairn Energy

 Facing a potential tax demand on alleged capital gains of Rs 24,500 crore (Rs 245 billion) it made 7 years back, Cairn Energy plc has been slapped with two more notices which the Scottish explorer......

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