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India pays Cairn Rs 7,900 cr to settle retro tax dispute

 The Indian government has paid Cairn Energy Plc Rs 7,900 crore to refund taxes it had collected to enforce a retrospective tax demand, ending a seven-year-old dispute that had tarred the country's......

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

 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......

Cairn, Air India seek stay on New York court proceedings

 Cairn Energy and Air India have jointly asked a New York federal court to stay further proceedings in the British firm's US lawsuit targeting the airline for enforcement of a $1.2-billion arbitral......

India in process of filing appeal against Cairn arbitration award

 India is in the process of filing an appeal against an arbitration panel asking it to return $1.2 billion to British oil firm Cairn Energy Plc, sources said on Wednesday. If enforcement......

New York court pauses Cairn tax suit

 A New York court has paused Cairn Energy's pursuit of US assets of Air India for the recovery of $1.2 billion arbitral award, so as to allow the British firm to reach a settlement with the Indian......

Nothing is going to fill void: Warne's children pay tribute

 IMAGE: Fans lay floral tributes at the base of the Shane Warne statue outside the Melbourne Cricket Ground. Photograph: Darrian Traynor/Getty Images Shane Warne's family expressed their......

Players, coaching staff back Bob Houghton

 Members of the Indian football team, led by captain Bhaichung Bhutia, have backed chief coach Bob Houghton, who is facing allegations of racially abusing an Indian referee during an international......

Watson as a Test opener an insult to all: Thomson

 Australian pace legend Jeff Thomson believes Shane Watson's surprise role as a Test opener is an insult to opening batsmen across the country. Selectors named Watson as Australia's opener for next......

Ponting is crap as captain: Thomson

 Ricky Ponting is "crap" as captain, never deserved to get the job and has not improved a bit in the five years at the helm, said pace legend Jeff Thomson in a scathing attack on the Australian......

Marsh forced to reappraise verdict

 A decade ago Rodney Marsh, famously combative wicketkeeper in the great 1970s Australia side, prompted a flurry of indignation in English cricket circles with his verdict on the country's pace......

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