Cairn

Cairn Oil & Gas recently won eight oil blocks and one coal-bed methane (CBM) block under the DSF Round III bids, taking the company's total assets in the country to 62

The tribunal has asked Sebi probe the violations and "take it to its logical conclusion within six months from today"

Business Standard brings you the top stories on Thursday

Cairn Energy will become Capricorn Energy from that date, but will retain CNE sticker on London Stock Exchange

Business Standard brings you the top headlines on Wednesday

Enforcement of investment treaties remain ambiguous, they say

Somanathan says that the government doesn't support retrospective taxation since it creates sudden and fresh liability and is not in line with the stability and predictability of taxation

Cairn Energy PLC plans to target assets of state-owned firms and banks as it looks to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes

Cairn Energy Plc said it is taking all necessary actions to access the $1.7 bn it was awarded by an international arbitration tribunal after overturning a retroactive tax demand slapped by Indian govt

With just about a fortnight left for the suspension on fresh corporate insolvency cases to end, government sources have indicated that another extension is unlikely

Cairn said its shareholders expect the use of the company's 'strong powers of enforcement' to recover 1.4 billion

Inter-ministerial meeting with officials of key govt departments today to discuss India's strategy

Here's a selection of Business Standard opinion pieces for the day

India lost the Cairn arbitration case. The case was related to the retrospective tax amendment law and the verdict came late night Tuesday. How did the dispute arise? Listen to the podcast for more

In a major boost to firms such as Reliance Industries, the government allowed affiliate companies to buy gas produced from non-regulated fields as part of giving complete marketing freedom

Cairn is awaiting its own arbitration award for which the final hearings concluded way back in 2018

In a Q&A, Akshay Bellare, the president of Honeywell India, says Covid-19 has come as an opportunity and that he expects double-digit growth in the country over the next five years

A source said based on the PSC, the seat of arbitration is likely to be London, while both the parties can have the option of deciding the seat later

Companies which had leveraged technology and automation during normal course have been better placed to manage the situation during Covid

The company, which gave the country its biggest oil discovery, received a notice from the income tax department in January 2014, requesting information related to the group reorganisation done in 2006