Cairn Energy plans refining foray

UK-based oil major Cairn Energyplans to invest in the refining sector in India. The company is studying various options and discussions with domestic companies for possible tie-ups are in progress,......

Cairn Energy unlikely to exit Indian arm

Cairn India on Friday said its UK-based parent Cairn Energy Plc is unlikely to exit completely from the company. "To me it looks like they (Cairn Energy Plc) are not exiting completely," Cairn......

Cairn Energy wins retro tax case; India ordered to pay $1.2 bn

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......

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......